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The supply and demand is a convenient myth, skirting a lot of the nuance and artificial factors. If supply and demand did work like the proponents of "simple an
by Yizahi 1y ago
The supply and demand is a convenient myth, skirting a lot of the nuance and artificial factors. If supply and demand did work like the proponents of "simple answers" claim, then every remote software engineer of similar tenure would earn about the same amount anywhere across the globe. That's just one single very simple example, to make my point obvious. There are countless slightly more complex examples too. In fact, it can be made even simpler - let's forget comparing two different engineers, let's pick only one. If one full remote software engineer moves between countries without even changing the job, his compensation may change dramatically, simply because in one country wages are suppressed at X level and in another at Y level. Same hold for any other activities too, not only SWE.
In my amateur opinion, the compensation for each particular job is highly dependent on the historical accidents and unrelated political and economical events, and the rate of quality code (or whatever other end product/service) is a distant secondary factor in that.