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by conductr
3426 days ago
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The non-US companies either don't see the ROI potential or may actually have a capital problem. Or, they may know that world-wide they can get someone to do the work at 1/2 of what their US counterpart would pay. The US companies paying double what everyone else does could be caused by them having the capital and ROI to do so. But, I don't think so. Within the US, why do so many tech companies open shop in SV. They value the culture and team and integral parts that lead to success. They want top talent. Even when they hire out of the US, they don't want to subject the project to the risk of failure by being cheap and hiring cut rate developers. There's also a culture of paying sticker price. And perhaps, price ignorance. We know what things cost locally, but we aren't the best judges of knowing what a top developer should cost if they're based in another country. Maybe we pay them 75% of local rates and that's still 2X what they would get paid from a non-US company, we don't really know. |
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