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by bawolff 1943 days ago
High-end, by definition, is not a large percentage of workers. High end is the workers on the high end of the compensation scale.

Those type of people arent going to be on a site like upwork, but they make a hell of a lot more than $100/hr.
2 comments
young_unixer 1942 days ago
They are the high end in the global market.

Only in very rich countries $100/hr could be considered "normal" or not high-end.

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newswasboring 1942 days ago
You are conflating price and quality. If there are two top level people equally good one will undercut the other. And if one lives in Bangalore and the other in SF the first will undercut massively. SF living expenses are an exception on a global market place.
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bawolff 1942 days ago
High end goods and services are not races to the bottom.

For example, when was the last time you saw an airline undercut their competitors' first-class ticket price? How many sports-car manufactures get in price wars with their competition?

If your services are supply-constrained and there is a string market, you can charge whatever you want (to an extent, at least many times your cost of living), your cost of living doesn't matter when setting your prices in that situation. Your value is what the market dictates, not how much it costs you to buy a loaf of bread.

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