Earlier quoted context omitted.
It can be easier and cheaper to hire locally, compared to sponsoring a work visa to a foreigner. For highly skilled specialists, the minimum wage for a German work Visa is 56,800 EUR (EU Blue Card) and 44,304 EUR for shortage jobs. (1). So at an individual level, wage suppression might not always happen. (Back when I was offered jobs there, my colleagues there were earning less). That being said, at scale, the increa…
>It can be easier and cheaper to hire locally, compared to sponsoring a work visa to a foreigner. Depends how you define cheaper. The visa sponsorship is a one time sunk cost, but if the candidate you sponsor aggress to work for several thousands or even tens of thousands less per year than the local candidates, then the saving for the company are obvious. It's an opens secret that companie in Germany/EU usually spon…
I just feel the locals are too less in number for ofcourse product based job. Not talking about standard banks or non product roles. Often these non product ones (if big like banks) prefer giving contracts to Indian service based companies to cut cost.