Conversation

Jesse Powell
@jespow
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
forbes.com
Why Should You Earn Less Money Just Because Of Where You Live? It's Time To Question Location-Based...
A few companies are paying people the same—no matter where they live—and others say they’ll change the compensation based upon the new residence. Location-based salaries and compensation are now...
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Jesse Powell
@jespow
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.
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Jesse Powell
@jespow
Replying to
@jespow
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
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Jesse Powell
@jespow
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.
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Crypt0misty
@crypt0misty
Replying to
@jespow
English proficiency continues to grow around the world each year with many countries actively recruiting. Americans would do well to shore themselves up, because the global work force doesn’t act entitled.
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Crypt0misty
@crypt0misty
Replying to
@jespow
Also worth mentioning how many Americans don’t understand basic meta terminology in regards to our grammar, yet foreigners do and quickly reach profiency in the language. Really not good whats happening in US these days.
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Jay Artzinspired
@artzinspired
Replying to
@jespow
That's a very interesting thought. It's seems like an inevitability but yet I feel big business (traditional cooperates) is keeping this from happening sooner? I don't know, just a thought