5 ms·
This is the Infosys model for hiring. I don't know if they publicized it or not, but it's the same thing. Everyone gets paid the same no matter what. You liv
by VWWHFSfQ 4y ago
This is the Infosys model for hiring. I don't know if they publicized it or not, but it's the same thing. Everyone gets paid the same no matter what. You live in Mumbai? $36,000/year. New York? $36,000/year. Paris? $36,000/year. They did this intentionally to facilitate the easy acquisition of visas sponsored by the companies getting these cheap tech workers. It's a total scam and completely destructive to the local tech worker economy/market.
- sokoloff 4y agoI don’t think it’s an optimal strategy, but I fail to see how it’s a “total scam” in any way, shape, or form. “This is what this job is worth to me. Are you in?”
- nathanvanfleet 4y agoAre you pretending that information asymmetry or exploiting people because of their situation isn't an ethical problem?
- sokoloff 4y agoWhat’s the exploitation? A company offers a job; if the job is appealing to the candidate, they freely take it. That’s true whether it’s a $250K/yr offer or a $36K/yr offer. In the vast majority of cases, the alternative to a company offering $36K/yr is not for them to offer $250K/yr but rather to not offer a job at all. If anything, I’d argue that a company offering a consistent salary for the job anywhere in the world is acting more ethically than one offering $X in Mumbai and 5*$X in Paris.
- russelldjimmy 4y agoWhen one asks a question in the format, “Are you pretending that [obvious problem] isn’t an ethical problem?”, it makes me wonder if that person is really interested in understanding or is just interested in accusing someone else and picking a fight. If it’s the former, then maybe consider that other people don’t see the issue as the same [obvious problem] as you do, instead of assuming that they do, and then basing further reasoning on that bad faith assumption. If it’s the latter, then continue doing what you’re doing.
- imtringued 4y agoIn this case it is definitely an accusation.
- imtringued 4y agoYou sound dishonest. Surely, you are aware that keeping salaries secret and having them differ between employees assigned to the same job is increasing information asymmetry? It has apparently become fashionable to voice a concern in response to a solution to that concern to criticize the solution. You're effectively complaining that transparent pricing will result in information asymmetry or exploitation.
- deleted 4y ago[deleted]
- deleted 4y ago[deleted]
- pylua 4y agoRight, the local government would have to use subsidies to support college educated workers. The whole system would surely fall apart. It is probably in governments best interest to safeguard against this.
- barry-cotter 4y agoInteresting how the interests of poorer people like the non-college educated or those in poorer countries are ignored. Subsiding unprofitable industries doesn’t have a great track record in any case. The Argentine and Indian auto industries disappeared as soon as protective tariffs did, at great cost to the taxpayers who subsidized them for decades.
- lixtra 4y ago> New York $36,000/year >> We are anchoring our salary to the 60th percentile of San Francisco, CA Not the same. Quite different.
- deleted 4y ago[deleted]
- ec109685 4y agoDo you have citations for this?