alt text: 18 of our 40 employees are located in the Philippines. Insanely competent, great judgement, and $5 per hour. If you run a small business and don’t have overseas help you’re at a disadvantage
alt text: 18 of our 40 employees are located in the Philippines. Insanely competent, great judgement, and $5 per hour. If you run a small business and don’t have overseas help you’re at a disadvantage
$5/hr is a decent wage in the Philippines. Minimum wage there is ~$11/day, so $5/hr is quite a bit more than minimum wage.
Minimum wage may not be the whole story, our minimum wage is $7.25 still and I dont think anyone believes that can be lived on here. The cost of living is more significant a measure of the pay’s fairness
Cost of living is also much lower in The Philippines vs the US. A quick search says a 1br studio near Manila costs ~₱6,500/month, which is ~$115/month. The same thing costs about 10-20x that here in the US in a city.
So $5/hr would be enough for a pretty nice lifestyle there, whereas it would be significantly below the poverty line here in the US.
Right, he is paying about 4x minimum wage, which would be about $29/hr, that’s doable.
I think your math is off.
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Apparently the US government does, otherwise they’d have changed it…
Their labor creates expensive value in an expensive market. Share accordingly.
“It’s a great pay where they are” argument is bullshit.
Exactly this. If they are making the same product as a local team that generates the same revenue, you’re just taking a bigger slice of their surplus value. In other words, exploiting them harder.