3 ms·
> There are people 2x as smart and who will work 2x as hard for 1/2 the salary among remaining 7 Billion people on this planet and if the bank can hire them ins
by yodsanklai 5y ago
> There are people 2x as smart and who will work 2x as hard for 1/2 the salary among remaining 7 Billion people on this planet and if the bank can hire them instead of you, eventually they will.
I think the bank can and does hire them already. In big tech companies, a lot of employees come from developing countries and they're paid the same market rate as anyone else (and companies pay for their relocation).
- jollybean 5y agoMoving staff from China or Poland to the US is a non-trivial exercise with all sorts of limitations, and FYI, that definitely lowers the local market rate. The 'True Shift To Remote' is a big game changer because institutionally, people at the office had a kind of existential value proposition: "We are Here!" - but that prop is distinctly diminished if they don't think they have to be. BigCorps are making the shift. It will be interesting to see it play out.