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No, you underestimate issues that come with hiring someone from another country. I am not going to hire an accountant from Vietnam to do my taxes even if I wou
by ozim 6y ago
No, you underestimate issues that come with hiring someone from another country.
I am not going to hire an accountant from Vietnam to do my taxes even if I would be able to pay him $1 instead of $100. Accountant from Vietnam is not going to learn US or some EU country tax code if he has customers in Vietnam. In case something goes wrong, like you would have to go to court to settle things, good luck on getting someone from other side of globe to the court and setting things straight.
Local regulations, local language plays huge role in a lot of jobs that can be done remotely. But they will be done 'local' remotely so you still compete locally not globally.
- namanyayg 6y agoThat's a contrived example; the jobs of most people reading HN can (and will) be outsourced.
- tester34 6y agoExactly, here I'm - nasty eastern european that's about to take your jobs /s
- lawnchair_larry 6y agoTime zone difference will get in the way of that.
- xwdv 6y agoMost people on HN are extremely intelligent and could adapt easily to any kind of STEM job it’s not an issue, just look at how many experts comment on a diverse range of topics here.
- dschuler 6y agoEY (one of the Big Four accounting firms) has an office in Chennai, India where they do US taxes for public corporations. Of course they're part of the bigger company (EY) that has offices in the US as well, but the example you gave already exists.
- baskire 6y agoYour under estimating the political incentives. New manager comes in. Hires team in India. He designs his metrics in a way to be greatly improved. Higher ups impressed...guy now in charge of department does the same. Org is now mostly outsourced. 5 years later, oh shit this was a horrible idea the company is dying. However to that manager and his bosses, they just didn’t care. These ppl all saw their stock appreciate and left before it got bad. Wall Street and public companies are often rewarded for short term gain at cost of long term future. It’s why startups are able to disrupt an established market.
- wasdfff 6y agoThey don’t have to hire someone from Vietnam. They could hire someone from West Virginia for 1/4 the price of a SF developer a day after college. Maybe even less.