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The whole point is that what makes a competitive salary will go down as the supply of workers increases.
by DangerousPie 6y ago
The 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.