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Most of these companies could already sponsor workers from outside the US, so they already tapped a pool of global workers. If they want highly skilled employee
by n0tsurey4 6y ago
Most of these companies could already sponsor workers from outside the US, so they already tapped a pool of global workers. If they want highly skilled employees, which will constantly be in demand, then the cost to hire them will still be high. Salaries will drop in cost for less skilled roles, and will likely be outsourced to countries such as india, but quality will also drop.
So if employers want to be competitive then they will have to pay well regardless of location. In Europe we see a lot of US applicants these days, some good some bad, but we pay equally for most part depending on skill set.
- DangerousPie 6y agoThe whole point is that what makes a competitive salary will go down as the supply of workers increases.
- n0tsurey4 6y agoCorrect - but the supply of workers for high end jobs was already "high" - companies that needed such workers could just sponsor anyone from any country and move them over to the US. Now if the allow remote work, demand for such workers will be even higher as before, as suddenly the change in mindset will increase demand from smaller companies not just fortune companies.
- DangerousPie 6y agoThat would only be the case if there was zero friction and cost to sponsoring a visa and everyone in the world was willing to move to the Bay Area. Neither of those are true - just think about restrictions on H1B visas such as minimum salary levels and a limited total number. And think about how much more money someone would have to offer you before you'd consider moving to the other side of the world where you don't know anybody.