4 ms·
If you were right, then someone else will realize there's cheap/good labor available, and poach him at $3x. Then, someone else will steal him at $4x. And so on,
by smanek 16y ago
If you were right, then someone else will realize there's cheap/good labor available, and poach him at $3x. Then, someone else will steal him at $4x. And so on, until he's making close to what the American dev makes.
Tech hiring is extremely competitive. If there were easy-access to a large, skilled labor force for one quarter the money of the currently available labor market, don't you think tech firms would jump on the opportunity for cheap labor? I know when I was hiring I would have.
- corin_ 16y agoSure, to some extent. However you have to remember the following points: - Not all employers want remotely based staff - If the wages are significantly better than local jobs, the developers may compete with each other by offering lower wages - It may be harder to find remote staff than local staff - While it's easy to say "pay him more and he'll move to us", it's worth remembering that workers in any industry don't always chose jobs based on salary alone. - If companies continue raising salaries to poach staff, what happens when the cost becomes equal to that of local workers? They chose local workers. So while the salary may not be as low as it might be, it won't reach the same levels as local staff.