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Not necessarily. There are costs and obstacles to moving (for example moving from India to US is extremely difficult these days).
by northern-lights 3y ago
Not necessarily. There are costs and obstacles to moving (for example moving from India to US is extremely difficult these days).
- jojobas 3y agoThere sure are, but there's Australia, Canada, Europe and Middle East. Results of offshoring to Bangalore is a stereotype, but it wasn't born from nothing.
- andrewaylett 3y agoNo -- it's born of attempts to cut costs. I've worked with teams from Bangalore who were staff of the bank I was contracting for -- they were amazing, but also not appreciably (if at all) cheaper than employing someone in London or New York. Several well-known banks had large offices, and competition for talent was high. No race for the bottom there. It doesn't particularly matter where you employ people, if you're trying to save costs by paying people less then you're going to have a bad time.
- ako 3y agoGood engineers will accept lower payment if their costs are lower. Similar to how amazon is operating, by lowering costs, minimizing margin, they can win over customers and win the market.
- jojobas 3y agoPeople don't work like that. They want their costs to be high because that's what it takes to live a nicer life. A tangential proof of my initial statement can be observed in US immigrant IQ levels, as compared to the general population.
- andrewaylett 3y agoConversely, if there is a shortage of known-to-be-qualified engineers then anyone who is any good will command a high salary regardless of their cost of living. If you want to pay them lower wages, they'll work for someone else instead.