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Remote work will break the US monopoly on global talent

devonzuegel.com

531–534 of 534 posts

Re: Remote work will break the US monopoly on global talent

#531

Earlier quoted context omitted.

> It goes both ways: local talent will learn from the biggest companies in the world without having to leave, meaning their know how can be turned to local entities as well. It really doesn't. You end up with a whole segment of engineers that effectively become invisible to the local tech scene, because they are way above the local rates. Local companies are, basically, a waste of time for them. Also, keep in mind th…

> It really doesn't. You end up with a whole segment of engineers that effectively become invisible to the local tech scene, because they are way above the local rates. If remote salaries will be significantly higher than local ones many governments will be tempted to raise/introduce taxes on foreign income (and in authoritarian ones it is easy to implement). Since cross-border payments in most countries are closely…

Argentina did that, their brain drain was INSANE, we had thousands immigrate to Uruguay.

The holdovers jump through all kind of hoops, many involving crypto.

Re: Remote work will break the US monopoly on global talent

#532

Earlier quoted context omitted.

Anyone can go look at compensation data for Google, Facebook, and Amazon on levels.fyi, filtering on "Ireland", and see that every single data point for senior engineers is 200k+.

Out of 310 rows, 42 are $200k+. Not that many.

If you filter all available data points to just those located in Ireland, you get 310.

I was speaking specifically of senior engineers at Google, Facebook, and Amazon (which are the only FAANGs to have meaningful presence in Ireland), because that was the context I was replying to.

Re: Remote work will break the US monopoly on global talent

#533

Earlier quoted context omitted.

As long as noone else is able/willing to match pay - kinda. In Poland for example normal pay is $5K but for US startups you can get $10K. Only TikTok or Switzerland has offers in this range.

Not intending to sound completely clueless about the world, but these wages you're quoting...is that USD per month? That sounds way off for a yearly salary.

Yes, per month for very senior people.

Re: Remote work will break the US monopoly on global talent

#534

Earlier quoted context omitted.

Not intending to sound completely clueless about the world, but these wages you're quoting...is that USD per month? That sounds way off for a yearly salary.

Yes, per month for very senior people.

Gotcha - thanks for clarifying. We in the US typically talk in yearly salaries, so I assumed that on first read and felt it had to be way off.
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