Earlier quoted context omitted.
Yes, recent changes in the tax code made it less enticing for US companies to offshore US jobs. The company can potentially end up losing a lot of (otherwise legitimately acquired) tax benefits. With respect to R&D, for example, the US no longer allows foreign R&D activities to qualify for the R&D tax credit.
>> With respect to R&D, for example, the US no longer allows foreign R&D activities to qualify for the R&D tax credit. From what I've seen, many companies will shoehorn regular product development into the R&D category. I'm not sure if it's supposed to cover next iteration of existing products that most company should be doing anyway.
Remote work means anyone can take your job
101–110 of 458 posts
Re: Remote work means anyone can take your job
#102True, but... Anyone can already take your job, as long as they are willing to relocate, or your company opens a new office near them. It is more important than ever to differentiate yourself. To do that you need to find something to do that you love, and then find (or more often make) a niche in that that that you become one of the top ten people in within your context. By context I mean you don't need to be the best…
Relocation is a big barrier to those already married, and even more if they have kids. That's a large portion of senior guys.
Re: Remote work means anyone can take your job
#103Seems like this article ignores the gigantic wave of out-sourcing throughout IT that already happened in previous decades and in many cases returned to near-shore / onsite work. What you actually see if you look at remote work job boards is many (if not most) companies in say, the USA, want remote people from the USA (or at least the same timezone as the USA). I think this is what will happen in other countries too.
Agreed. Sometimes, when reading articles/comments about out-sourcing, I question my own sanity. We've done it before, am I the only one remembering it? It failed miserably. If companies want to relocate work to India, or China, or Eastern Europe, they can already do it.
For higher end companies, it wasn’t outsourcing. It was remote offices. The expertise still does move to those countries.
Re: Remote work means anyone can take your job
#104It also means i can take someone else's job. It balances out.
The more highly qualified you are the more at risk to offshoring your job is. A long time ago, Albany Molecular, a contract research organization, highlighted they were based in Albany, NY. A shithole, yes, but a shithole with cheap cost of living. Nowadays, the PhD jobs are based in Shanghai, Szeged and Hyderabad. The only thing that's left stateside is regulatory functions and support. You don't need a PhD for that…
Re: Remote work means anyone can take your job
#105Earlier quoted context omitted.
I've made the same observation. Does it have something to do with US tax or other regulations?
Yes, recent changes in the tax code made it less enticing for US companies to offshore US jobs. The company can potentially end up losing a lot of (otherwise legitimately acquired) tax benefits. With respect to R&D, for example, the US no longer allows foreign R&D activities to qualify for the R&D tax credit.
Also, some states, like CA, are very unfriendly which regard to the extra costs required for employees in terms of benefits, wages (salary exempt) and classification of employees with the ABC test [1], so the wins that states make for employees incentivizes many employers to look elsewhere instead.
In a more remote work culture, even ignoring offshoring/nearshoring, this is going to be really bad for people in certain states. And it will be bad for those states themselves.
The increased competition among states to attract higher income workers will be interesting. States like Tennessee, North Carolina, etc have a massive opportunity in front of them as they were already pretty well poised to attract younger professionals.
Re: Remote work means anyone can take your job
#106Earlier quoted context omitted.
> European countries are outliers due to EU regulations. Any EU "citizen" can work anywhere in the EU, so pragmatically speaking, why would you only want to hire Spanish people instead of opening the door to French, Italian or German candidates? It comes at literally zero cost to the company. The employer needs to pay social contributions in the employee's residence country. And more often than not, the employee cann…
It’s the same in the US to hire someone in a different state. Every state has their own tax scheme. Every new employee in a new state is a big set up cost and ongoing maintenance.
Re: Remote work means anyone can take your job
#107True, but... Anyone can already take your job, as long as they are willing to relocate, or your company opens a new office near them. It is more important than ever to differentiate yourself. To do that you need to find something to do that you love, and then find (or more often make) a niche in that that that you become one of the top ten people in within your context. By context I mean you don't need to be the best…
> Anyone can already take your job, as long as they are willing to relocate, This where immigration restrictions make a difference. A Brazilian developer has trouble working in SV, but no trouble working remote.
Re: Remote work means anyone can take your job
#108Earlier quoted context omitted.
You drive a car, I use a bus. You eat meat, I eat potatoes. You fly to Disneyworld, I take the train to the seaside. You live in a big house, I live in a small apartment. You pay American income taxes, I don't. You demand clean air and water, I tolerate pollution. There are some fundamental factors which make labour in other parts of the world much cheaper, and people willing to accept a much lower quality of life an…
Funnily, except for the pollution part, most of your items on the right seem more attractive from a quality-of-life point of view than those on the left. Flying to Disneyworld sounds like a nightmare I would never (willingly) do, but a trainride to the seaside is always nice.
Re: Remote work means anyone can take your job
#109Earlier quoted context omitted.
In my totally unscientific assessment of remote job boards, US companies seem to be the only ones requesting US-only applicants, and I have no insight as to why this happens. In my -South American- country the trend is to look outwards if you're hiring remotely; European countries seem to fit this description too.
European countries are outliers due to EU regulations. Any EU "citizen" can work anywhere in the EU, so pragmatically speaking, why would you only want to hire Spanish people instead of opening the door to French, Italian or German candidates? It comes at literally zero cost to the company. Some industries are heavily regulated in the US and having non-US based employees can become a real headache for US companies. A…
Re: Remote work means anyone can take your job
#110I am not paying to read someones blog! This is the second day in a row ... if this was reddit the admins would ban it! Oh yeah I am off to reddit!
Just open an incognito tab then, or if you use firefox checkout this extension https://addons.mozilla.org/es/firefox/addon/medium-unlimited... I hate medium too, anyway for my the paywall is like a nice feature, if it's behind it I'm probably better off not reading that shit anyways