alt text: 18 of our 40 employees are located in the Philippines. Insanely competent, great judgement, and $5 per hour. If you run a small business and don't have overseas help you're at a disadvantage
this post was submitted on 21 Feb 2024
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I think it's fine to outsource some things overseas, but don't criminally underpay them!
$5/hr is a decent wage in the Philippines. Minimum wage there is ~$11/day, so $5/hr is quite a bit more than minimum wage.
Minimum wage may not be the whole story, our minimum wage is $7.25 still and I dont think anyone believes that can be lived on here. The cost of living is more significant.
Cost of living is also much lower in The Philippines vs the US. A quick search says a 1br studio near Manila costs ~₱6,500/month, which is ~$115/month. The same thing costs about 10-20x that here in the US in a city.
So $5/hr would be enough for a pretty nice lifestyle there, whereas it would be significantly below the poverty line here in the US.
Right, he is paying about 4x minimum wage, which would be about $29/hr, that’s doable.
I think your math is off.
Apparently the US government does, otherwise they'd have changed it...
Funny note on that: Went to stay with a friend in Manhattan back in '91. Stunned by the prices I asked, "How does anyone survive on minimum wage?!"
He laughed, "Man, nobody gets minimum wage here!"
I'm in a poor county in Florida. 6 years ago, jobs could be found at the very bottom, no more.
Their labor creates expensive value in an expensive market. Share accordingly.
“It’s a great pay where they are” argument is bullshit.
Exactly this. If they are making the same product as a local team that generates the same revenue, you're just taking a bigger slice of their surplus value. In other words, exploiting them harder.
I think that companies shouldn't be allowed to change wage/salary based on locale.
But I have no idea how that could be enforced.
Taxes
And how do you enforce the taxes?
The problem i was alluding to was shell companies, subsidiaries, and all the existing popular tax avoiding strategies used by big companies (that'd also be used for avoiding counting those employees)
More taxes?(im gonna keep saying more taxes everytime you reply, please keep replying)
For the record, I agree with more taxes. I'm ok with you replying more taxes.
But we need new laws in addition to new taxes, that prevent companies from splitting up their companies (money/employees) into distinct legal entities based on geographical location. Good luck with that, though.
More taxes
More taxes
Wish granted. Tech job compensation falls to record low as it equalizes with latin america and south asia.
It doesn't. Since the dolar has usually a higher value americans pay little but when you convert the people there make ok money. It's a win x win x lose (in this case the american people that need jobs too :/)