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I assume you're being sarcastic?
by genericresponse 12y ago
I assume you're being sarcastic?
- qwerta 12y agoShould I be? Go to India for a few months, and ask again :-)
- genericresponse 12y agoI think you should be. Whether or not people in India want to work for $1/hr doesn't matter. A big reason the minimum wage exists to prevent the lowest wage occupations in the united states from falling into a prisoner's dilemma-style trap where the equilibrium is at or just below the amount needed to not starve. That said, I am sympathetic to the plight of those in developing countries.
- qwerta 12y agoI worked as salary accountant, I think big part of story is missing, and it is essentially click-bait. > dilemma-style trap where the equilibrium is at or just below the amount needed to not starve That ship had sailed long time ago. In California I would be more worried about housing cost and expenses in general. I bet many people would gladly accept $1/hour position which would cover insurance, rent (in real house), food, car.... Steve Jobs worked for $1/year! Ireland has strongly enforced minimal wage with long tradition, yet it surprisingly just does not work, even government is now forcing people to take unpaid positions.
- eyeareque 12y agoI think the poster is serious. I do think what the company did was very wrong. After going to India a couple of times I could see people from there not caring about the low wages just so that they could go to California.