this post was submitted on 04 May 2024
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No, you don't pay us wages. You adjust for local CoL like every company on earth, or you wouldn't hire in Spain.
Even in a fantasy world where your company is a unique snowflake that pays 150k a year independent of location, those are a dozen jobs for a country of 50 million people.
As a note, my company, a fortune 50 company, does not adjust for cost of living. They adjust to cost of labor.
So if they were to magically hire overseas (not a thing they do), they would pay people from Spain average Spanish wages for the industry.
Yep, that is actually the correct term, cost of labor. I work for a smaller one (NASDAQ 100) and they do hire remote and do adjust for cost of labor.
Are you saying folks can't hunt work overseas? These ludicrous. Of course taxes are paid
Edit we don't pay 150, but around 80 for junior