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If remote LATAM is that much of a game changer then we should see US software salaries continue to go down and a salary equalization that ends up being much low
by lgleason 3y ago
If remote LATAM is that much of a game changer then we should see US software salaries continue to go down and a salary equalization that ends up being much lower than the current US market rates.
- aiisahik 3y agoIt's hard to measure the actual impact of LATAM remote or other types remote on US salaries. It is possible that if US companies didn't have the ability to hire remote engineers, the US salary would be 2x as much. The US hires a HUGE number of remote foreign engineers - it's just not reported in labor statistics. Your original comment suggested the H1B folks actually push down US salaries. If that is true, then LATAM workers who work US hours should also apply a downward pressure on US salaries. My company hires like 30 LATAM engineers, 10 US engineers and 0 H1Bs. We simply will not hire junior US engineers - completely idiotic use of capital. However we will pay 300k for a staff / principle US based engineer. That engineer will lead a team of 5 LATAM engineers and level them up. This model is going to have a downward pressure on US based salaries if enough companies adopt it.