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Economist is correct that's why it "Triggers" so many people like you, just take a look at electronics industry, if you think that the jobs wont be shipped out
by aub3bhat 10y ago
Economist is correct that's why it "Triggers" so many people like you, just take a look at electronics industry, if you think that the jobs wont be shipped out to india/China/Canada or reduced due to automation you are living in fantasy land.
By improving portability of H-1B the government can make market fairer and less prone to misuse. Simply banning the visa will just lead to a rush of outsourcing/offshoring draining the economy of secondary benifits.
- davidw 10y agoSorry guys, but voting his comments down do not change the laws of economics. If someone in Romania can do your job - with the same quality - at 1/10th the price, the market will find a way to move the work there. In most cases, it really isn't equivalent and the price difference isn't that much for really qualified people, but shutting out lots of talented people might tilt things in that direction.
- s73ver 10y agoExcept the market already tried that, with pretty poor results.
- davidw 10y agoIf there's enough disparity in pay for equivalent quality (something that is not quite as easy to get right), it'll keep trying.
- pm90 10y agoWhat exactly do you mean? All the major US tech companies (and plenty of minor ones as well) have huge India offices. If they were delivering "pretty poor results", they wouldn't still be operating.
- Consultant32452 10y agoI can't speak for all major US tech companies, but I can speak for my experience at a major US financial firm, household name, etc. A couple years ago they did the old dump the American devs and move everything to India. I'm the American team lead. The difference, as far as I can tell, is that the time to market for new features has doubled or tripled. This isn't because the Indian devs/QA are lower quality, they're about the same. The cause for all our problems is communication barriers and the time zone problems. All of our customers are in the US. Every single question that goes in either direction takes at least a 24 hour turnaround. God forbid there's some confusion, then there's 2-3 back and forths with a 24-hour turnaround each time until someone decides they're willing to stay up until midnight to have a phone conversation. Not having seen the books I assume this looks a lot better on paper. Where it will hurt is is ten years down the road when our lack of velocity/innovation catches up to us and a more agile competitor eats us alive. If we were in a faster moving market (consumer finance is pretty slow) that ten year timeline would be much faster.
- pm90 9y agoI'm genuinely sorry about your situation. It seems like this is one of those cases in which management couldn't resist the short-term cost savings. I would wager this is a pretty common occurrence and I can see where you're coming from...and I completely agree. In this case its most likely not going to work out in the long term.
- Consultant32452 9y agoIt actually doesn't bother me at all. In my younger days I cared a lot more about working on exciting/interesting projects. Now I care most about the fact that I'm 100% telecommute and have 6 weeks of vacation. Others may have had a different experience, but years of consulting have taught me to divorce myself from being emotionally attached to clients. I go in, give them my best advice and work, then go home. If they shoot themselves in the foot, then that's on them.
- AdrianB1 9y agoWorking in a (top-50) Fortune 500 company, not tech but in the IT dept: we did outsourcing, CIO and top guys got huge bonuses, now we do in-sourcing to be able to operate. Last CIO recently fired. Entire teams of people based in India, Costa Rica or Manila closed, the skills and productivity are simply not good enough.
- ed_balls 10y agoI wouldn't be surprised if a good developer in Romania makes $40k a year (net salary) which is equivalent of $70k ($130k gross) in SF? The market is working.
- davidw 10y agoIn a completely friction-free market, if their work is completely equivalent (including the PITA of having them remote) then they're salary would be bid up to the US level.
- AdrianB1 10y agoNo, it does not; in socialist Romania the tax is more than 60%, so the net is lower. The net salary for a good developer is ~ $25k.
- ed_balls 9y agoYou set up a company with 16% corporate tax.
- 0xfeba 9y agoWhat irks me is a lot of companies are already doing this and think it's the same quality--only finding out years down the road with their big ball of mud...
- davidw 9y agoPart of capitalism is the freedom to do stupid stuff that ultimately hurts the company. It's part of how smarter companies are supposed to get ahead.