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I've heard arguments in the past of paying "acceptable" US wages to people in other countries would destabilize the other country more than it would help. I'm not an economist, so I don't know how valid those arguments are. I have always thought they were more scare tactics used in favor of being able to pay those low wages for as long as they could get away with it. I could see though how paying a small-ish number of people wages that dwarfs the larger number of people could cause a bit of turmoil. to me, it goes back to the argument about remote workers should be paid less than the in office worker. or workers living in cheaper areas should be paid less than those living in expensive areas. to me, the salary should be paying for the work being done and that's it. if the same level of work is being done by both employees, it shouldn't matter if one is in Kenya and the other is in the US. the value of the work is what should be getting compensated. again though, i'm no economist. |
Which honestly is a bullshit argument. The only destabilizing thing here is it would make the person in the higher-paying profession more valuable to society and more able to make economic impact where it might not normally. In this case, a rising tide does lift all boats...because you're giving more economic purchasing power to more people. Will this kill some businesses or disrupt the status quo? Yeah. Will it help more people than it hurts? Maybe, probably, who knows? But I personally see no problem with paying people relative to their output, no matter where in the world they are.
Having been to Kenya myself and worked with Kenyan developers for several years, most of whom were quite talented, I see absolutely no problem with paying them their value relative to the work being done. I have no problem with high skilled Kenyans making much more than the local average because they have a skill that is in demand all around the world.
>the salary should be paying for the work being done and that's it
100% agree. If a business derives $X profit from a laborer and agrees to pay a given % of $X to the laborer as compensation, it should not matter if the laborer is in a high cost or low cost of living area - the business still makes the same amount in profit, and shouldn't get to say "hey yeah we made $10mm off your application, but we're going to only pay you 5% of our profits as compensation because you live in Bangladesh and the cost of living is lower, so be happy with what we're giving you" when if you did the exact same labor and lived in, say, LA or NYC, they'd give you 10%. Just bullshit IMO.