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> but the value you bring to the company! I hear you! But the value brought to the company is still relative to the cost of doing business, and that ultimately
by parasense 5y ago
> but the value you bring to the company!
I hear you! But the value brought to the company is still relative to the cost of doing business, and that ultimately becomes calculous on where the business & employee are located.
This is the whole idea with outsourcing. I'm sure cheap labor in less developed places like Mexico, India, or China... provides huge value for the foreign companies. In those other economies the workers can be paid a huge amount of money compared to the local average, and yet still be significantly lower than equivalent people living in the developed world.
The concept is not limited to other counties, it makes perfect sense here in the USA and around Europe. People earning 100k in a place like Alabama or Mississippi are high earners in their area. Take that same person, same amount of pya, but put them in San Jose... now they are effectively in poverty.
What is 100k worth to somebody in China, Mexico, or India? Just because that's the cost of somebody somewhere else, doesn't mean the same applies to people located elsewhere. Likewise, same applies to people in Colorado.