There are several reasons for pay to vary by geo. Employer costs and risks can vary greatly:
* company taxes, legal & corruption exposure
* employee minimum benefits & severance
* employee personal safety
* company data security
* insurance & audits
Conversation
Replying to
Top talent will keep its premium because there's not enough of it to go around. Average remote is going to pay less than avg in-office because competition for those roles is going to come from the massive stock of historically undervalued candidates, no longer blocked by geo.
3
4
33
The convergence of salaries is going to do wonders for the developing world. English proficiency is the blocker now and could mean the difference of 5x the salary for the same job, working for a remote US company vs local. Probably not great for increasingly uneducated US workers
9
8
69
Also probably not great for geos heavily dependent on high income taxes. Jobs and the highest earners are increasingly free to relocate. Wages on jobs that remain could be substantially lower, converging toward the global remote average. Un-woke geos will beg for the high earners
5
2
45
Replying to
There are still plenty of worse places to live than the US, even if you're making minimum wage. You have a lot of opportunities just by living in the US. I don't think there will be a shortage of immigrants wanting to come but the labor market might make it politically unpopular.
2
3
While anecdotal, living abroad I get this often: “Why are you here, we are trying to go to the US”.
1
Replying to
That’s like saying why should one tree grow taller than any other tree. It’s multi-situational. Equality is a mathematical term that exist in a fixed environment of mathematics, that people try put into a multi-factor social environment.
3
Replying to
I didn't hear back from you.
Quote Tweet
Is this @danheld and you @jespow that keep visiting me on LinkedIn?
If these are bashful recruiters, then yes, I'd be interested in contributing to @krakenfx's success.
You need me and don't know it yet. Let me help you win even more.
#DeleteCoinbase
Replying to
Trying to explain this to people that have never run a business before is like screaming into a void.
1
3
This is what I’ve realized, people who never put their neck out there and take a risk are always the ones who demand smth free.






