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As a person from a third world country, I don't think paying local rates makes sense for an employee. I worked in both Vietnam and Bay Area. The salary differe
by ergocoder 7y ago
As a person from a third world country, I don't think paying local rates makes sense for an employee.
I worked in both Vietnam and Bay Area. The salary difference is ~10x. In Bay Area, I easily save $100K or more per year (earning >~$300K a year). Even earning a top local rates in Vietnam would have a hard time accumulating $100K in savings. I could go back to Vietnam now and earn like $5K USD a month top.
Living in a country with lower cost of living often means lower quality of school, safety, health, and etc.
If I work remotely for gitlab, I'd immediately move to Bay Area or maybe Seattle to increase my savings.
But, well, it saves gitlab money. So, it makes sense for Gitlab to make this decision. It's not good for employees though.
- planetburgess 7y agoIs working for Gitlab remotely in Vietnam on a localised salary as good or better than most local job opportunities? If so, isn't it still good for the employees?
- ergocoder 7y ago> Is working for Gitlab remotely in Vietnam on a localised salary as good or better than most local job opportunities? I think Gitlab aims to pay top rates on the local market if I'm not wrong. What I'm saying is that, even with the top rate in Vietnam, it's still small compared to being an average engineer in Bay Area in terms of saving performance.
- 1123581321 7y agoYour situation sounds different than that of GitLab employees. GitLab would pay you $190-200k in SF and $90-100k in Vietnam.