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So, one of the three things will happen 1- Companies will start hiring citizens and pay them higher salaries leading to shortage of skills and re-skilling of p
by strategyanalyst 7y ago
So, one of the three things will happen
1- Companies will start hiring citizens and pay them higher salaries leading to shortage of skills and re-skilling of people with other skills into IT.
2- Companies decide to forgo lower NPV IT projects and invest money elsewhere. Accept products without customization. Demand for labour and wages remain close to where they are.
3- Remote work for even project management takes off. It is successful enough that wages actually fall further.
Which one is most likely or will it be a combination of three?
- vsskanth 7y agoThere is evidence for all three happening 1 - Bootcamps and coding schools are a thing now. 2 - companies moving from on-prem to SaaS reduces the level of customization and the need to hire talent in-house. 3 - Many companies are setting up massive offshore offices (Canada,EU, India, even Brazil). With cloud services this is even more easier.