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Salaries may not improve in Europe even if Visa restrictions are tightened, companies may set up offices in countries where wages are lower. I think the reason
by simula67 7y ago
Salaries may not improve in Europe even if Visa restrictions are tightened, companies may set up offices in countries where wages are lower. I think the reason that western countries encourage high skill immigration is because it creates additional jobs to service the new workers: every new software engineer will need restaurants, cars, etc. These jobs can go to locals. Also, the taxes paid will go to the western governments to improve services for westerners.
- ChuckNorris89 7y agoEU companies rarely set up shop abroad since the culture here, driven by the lack of a common language like English prefers cultural similarly and physical proximity. That's why German companies prefer to do business with Swiss and Austrian companies and vice versa or how Norwegian companies prefer Danish or Swedish firms for example. And if they do outsource something abroad it's usually nothing exciting, so local salaries should not dive. For example, Microsoft has offices in Eastern Europe and India as well yet Seattle workers still make a killing.
- _pmf_ 7y ago> every new software engineer will need restaurants, cars, etc. These jobs can go to locals. That's the most absurd thing I read today.
- negamax 7y agoOf course they spend in the local markets and pay taxes. No?
- brij0102 7y agoH1 tightening is suggested as a reason for reduction in house prices in SV ... the uncertainty keeps folks from making the commitment. Prices of course are still high in the valley but multiple offers outside of a few cities are a thing of the past