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Why would salaries go up that much when you can just hire people directly in Romania or wherever? I think you are failing to grasp that this is a global market
by davidw 7y ago
Why would salaries go up that much when you can just hire people directly in Romania or wherever?
I think you are failing to grasp that this is a global market for talent. Sure, being local helps some, but if the disparity is too great, companies will move. Also, there is not a fixed lump of labor to go around.
- unishark 7y agoI can grasp the concepts just fine. Being local helps immensely. The disparities are correspondingly immense. More so when you consider the high unemployment rates in developing countries. Also there needs to be sufficient talent available across all roles needed, to completely move the company to a new location. As opposed to just a lot at the low end of skills. The cost and other downsides of that move would also be immense. Perhaps one day remote work will be far more common, and I think this would be a good thing, by the way. I also think brain drain is bad overall. Developing countries need those productive residents far more than the west does.
- mav3rick 7y agoYou want all the benefits of a free market but all protections in the labor pool. It is not H1B workers fault that your students don't take STEM up. Stop putting everything on immigrants.