Hacker News Board Hacker News, browsed like a classic message board
Live data from Hacker News

Launch HN: Ontop (YC W21) – Easily hire and pay remote workers in LATAM

news.ycombinator.com

Post reply on HN
Print view View original

81–90 of 93 posts

Re: Launch HN: Ontop (YC W21) – Easily hire and pay remote workers in LATAM

#82

Post by loloquhwonedeo »

juliantorresgo wrote: post #40
sdevonoes wrote: post #36

Earlier quoted context omitted.

Agree. In decent remote-first companies the "quality at a fraction of price compared to what they can get elsewhere" makes no sense at all.

Average software developer compensation in the US can be around 100k to 120k . In latin america you can get excellent top tier tech talent for 30k-40k.

Thanks for making my point with actual data :) (to restate: if the US pays 100K for this skillset, don't sell yourself cheap at 30K. Where you are only matters to local companies.)

Re: Launch HN: Ontop (YC W21) – Easily hire and pay remote workers in LATAM

#83

Post by juliantorresgo »

maldini94 wrote: post #81

Congratulations on your launch! I'm curious about the trend of choosing .ai domains. Is this to signal state of the art technology is being used? Which part does AI play in your infrastructure/service? Thanks!

We want to eventually use ai for 1) smart contracts. and 2) payment route optimization and FX. But first, we need to live the whole process, from manual to automated, to intelligent and evolving.

Re: Launch HN: Ontop (YC W21) – Easily hire and pay remote workers in LATAM

#85

Post by satyrnein »

rizpanjwani wrote: post #74
satyrnein wrote: post #70

Earlier quoted context omitted.

No, if the market wage fell below the cost of living in SF, the developers would have to move out. Just like every other profession.

So if the market wage fell below the cost of living everywhere in US and Canada, then we would all move out to latin america or any other country with a lower cost of living, thereby a lower standard of living. Got it.

This is obviously a far fetched scenario you're concocting, but yes, if the market wage for your labor completely crashes, then your standard of living will decrease, obviously. Software development is not unusual in this regard.

Re: Launch HN: Ontop (YC W21) – Easily hire and pay remote workers in LATAM

#86

Post by rizpanjwani »

satyrnein wrote: post #85
rizpanjwani wrote: post #74

Earlier quoted context omitted.

So if the market wage fell below the cost of living everywhere in US and Canada, then we would all move out to latin america or any other country with a lower cost of living, thereby a lower standard of living. Got it.

This is obviously a far fetched scenario you're concocting, but yes, if the market wage for your labor completely crashes, then your standard of living will decrease, obviously. Software development is not unusual in this regard.

Or we just unionize.

Re: Launch HN: Ontop (YC W21) – Easily hire and pay remote workers in LATAM

#87

Post by aussieguy1234 »

Most engineers in very low paying countries that are in any way good and can speak half decent English could easily earn multiples of what they're earning at home through skilled visas in any number of developed coutries.

Most of these engineers take that option. They'll do "work experience" in their country of origin for a year or two, then head overseas. So most talent left in developing countries is usually not as good quality as what you'd find in developed countries that have attracted all the good engineers. Developing countries are known to have a big "brain drain" for in demand skills as they generally can't pay people well enough.

Re: Launch HN: Ontop (YC W21) – Easily hire and pay remote workers in LATAM

#90

Post by brozaman »

aussieguy1234 wrote: post #87

Most engineers in very low paying countries that are in any way good and can speak half decent English could easily earn multiples of what they're earning at home through skilled visas in any number of developed coutries. Most of these engineers take that option. They'll do "work experience" in their country of origin for a year or two, then head overseas. So most talent left in developing countries is usually not as…

Or they can be hired in their country for a foreign company for a ridiculously high salary for the country. Anyway good engineers won't be outsourced for a company that keeps 70% of what the customer actually pays for long.

A friend of mine lives in Bolivia, and literally tripled his salary (actually a bit more than triple) just by doing this.

Post reply on HN