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Between this and the major push to work from home, it's almost as if people in tech and similar industries are willingly sprinting into replaceability and drivi
by nunez 4y ago
Between this and the major push to work from home, it's almost as if people in tech and similar industries are willingly sprinting into replaceability and driving salaries down.
While remote work and four-day work weeks are awesome, these will absolutely incentivize leaders of big companies to find cheaper labor in other countries that are plenty fine with working a full five-day work week. This is great for lifting a lot of people and countries out of poverty but doesn't help the family of four paying down a huge mortgage.
Some leaders will (smartly) realize that it makes no sense to pay employees less just because they are available remotely for fewer hours of the week, but big companies run everything and crush views like this eventually.
Interestingly, I think this will nullify the remote work movement while permanently decreasing average compensation.