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The point about currency seems like a red herring, since it can be easily converted into USD, etc., but insisting on paying people salaries based on averages in
by shrimpx 4y ago
The point about currency seems like a red herring, since it can be easily converted into USD, etc., but insisting on paying people salaries based on averages in their current location is pretty inflexible and remote-unfriendly IMO.
People may move around and have financial obligations in multiple countries. E.g., if you have a mortgage and school loans in the US, and you want to live in Armenia for 1 year, your employer insisting that you take a 80% paycut due to "Armenian rates" is pretty ignorant and inflexible.
- itake 4y agoThere were 2 problems: 1/ I was on a tourist visa. I did not have a bank account that could accept pesos. 2/ if I had an arg account, the gov limits how much can be sold for usd. [0] [0] https://www.aljazeera.com/amp/economy/2019/10/28/argentinas-central-bank-cuts-dollar-purchase-limit https://www.aljazeera.com/amp/economy/2019/10/28/argentinas-...