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Here is how CFO and finance people are thinking: 1. give only 15% pay cut -> 2. train people to WFH -> 3. build all the necessary systems to make WFH effective
by RestlessMind 5y ago
Here is how CFO and finance people are thinking: 1. give only 15% pay cut -> 2. train people to WFH -> 3. build all the necessary systems to make WFH effective -> 4. Leverage those systems and start hiring new workers, for much cheaper than the cheapest US workers, from other countries one at a time -> 5. Stop hiring within US
My company is already on 4 and may soon move to 5. Is that a future you want? You may take a 15-20% paycut and enjoy your suburban luxury lifestyle for a few years. Beyond that, as the WFH from foreign countries kicks in, you will see that there won't be many job openings at a high salary for your role.