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by StudyAnimal
3858 days ago
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I am a software development manager from Europe. Right now we have to turn down projects because we don't have enough people. If we have more people we can start more projects and make more money. My wages will go up as I will have a larger team to manage. The developers in the team already will get more seniority as people come in from overseas "below" most of them. Their wages might go up. Some of them that might not perform as well as the new arrivals might get paid less. Overall, the market might not be as flexible as the labor supply, so we might a reduction in wages over the mid term. This would be a correction in my eyes. I think western workers are overpaid and third world workers are underpaid, so it seems fair to see a natural adjustment here. |
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If you allow unlimited immigration, you will be flooded with millions of programmers. There will be a tremendous reduction in wages.
>My wages will go up as I will have a larger team to manage.
Why do you think you'll still have a job, surely in the millions of people who are clamoring to come to your country there will be many who are willing to do your job much cheaper. Managers aren't immune to competition.
>I think western workers are overpaid and third world workers are underpaid, so it seems fair to see a natural adjustment here.
Do you think you are overpaid, or just the people working below you?