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Good point, market fragmentation is also an issue. I always underestimate the number of people that miscalculate opportunity cost, and overestimate the utility
by Joel_Mckay 4y ago
Good point, market fragmentation is also an issue.
I always underestimate the number of people that miscalculate opportunity cost, and overestimate the utility of outsourced 3rd world labor.
As a side note, one should be aware of jurisdictional tax laws which can trigger based on the number of transactions in a given state. Accordingly, even international remote contractors that fail to file in each state with the IRS may incur a $10k fine. A common mistake for small Amazon/ebay businesses dealing with US customers since 2019.
Good policy is to talk with AMCHAM __before__ you make a silly mistake. ;)
For this simple reason, not one of those staffing-agent companies will be in my portfolio anytime soon. Dumb people test the law, and always end up losing.
You're welcome friend... =)
P.S. I hear these remote job options are not terrible, and full disclosure... I am still bullish on some of their stocks too:
GoTranscript
https://gotranscript.com/ https://gotranscript.com/
Automattic
https://automattic.com/work-with-us/ https://automattic.com/work-with-us/
liveops
https://join.liveops.com/ https://join.liveops.com/
Apple
https://www.apple.com/careers/us/ https://www.apple.com/careers/us/
Sitel
https://www.sitel.com/careers/ https://www.sitel.com/careers/
Asurion
https://careers.asurion.com/ https://careers.asurion.com/
Concentrix ( Convergys )
https://careers.concentrix.com/ https://careers.concentrix.com/
UHAUL
https://jobs.uhaul.com/ https://jobs.uhaul.com/