Business week - U.S. Programmers at Overseas Salaries. I'm not sure I should even be pronmoting this idea as it feels like cutting off my nose to spite my face. Whatever, the story is about a startup who could potentially halve their programming costs by using offshore (India) programers. Instead he offered the work at the same rate to US programmers and was flooded with quality applications from out of work programmers. Two of the contractors have now become full time employees at normal US rates so the story does have a happy ending.

There's some serious implications here.

First is that the lack of hassle of using onsite or at least onshore contractors is worth a signififcant amount. So the savings from going offshore need to be large for it to be justifiable.

And second is that we're rapidly heading into a global employment market if we haven't already. Which means Western salaries dropping to match offshore salaries without the same drop in cost of living. That has serious consequences for global economics. And a lot of personal pain. This is one of the drivers behind the current US (and UK) decline of the middle class. [from: JB Ecademy]

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