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Currently working for a US company but living abroad and getting paid in a local currency, which is getting hammered compared to the USD. This has had a weird s
by bamboozled 4y ago
Currently working for a US company but living abroad and getting paid in a local currency, which is getting hammered compared to the USD. This has had a weird side effect in that I've become a lot cheaper to hire recently. I was told this has made us the least likely to get laid off and we've avoided it so far.
Many people I know who are getting paid in USD have been rubbing it in quite hard lately, honestly I'm happy for them but it's also kind of unfair their mortgages have been greatly reduced while mine hasn't changed at all.
There is always a silver lining...
- dylan604 4y agoFor a couple of years now, I've been threatening to live abroad while still remotely working for US companies and getting paid in USD. Taking the digital nomad show international so to speak. You could move around to your advantage where the USD is strong. I have one attachment that is keeping from doing it, otherwise, I'd be typing this comment from a beach on the other side of the globe.
- bamboozled 4y agoThat's good for you, but the company who is paying you in USD isn't getting you cheaper. In my situation it makes better economical sense to keep my employed over someone getting paid in USD.
- dylan604 4y agoWhy does the company get me cheaper? My value is not dependent on my geographic location. My value is what knowledge/skill/experience that I bring to the company. This has always been a remote gig, well before pandemic made it chic for everyone to be remote. The assumption that my compensation has anything to do with location location location is solely on you.