[quote=deadzone][quote=XBoxBoy][quote=barnaby33]Remote work leads to salary compression. If you can speak English and work vaguely US hours, then you’re my new competition.[/quote]
But I wonder how true this is. Coronita is reporting that he’s got to pay higher wages then ever. Personally, I’m hearing from way more recruiters than ever. Maybe it totally depends on what your skill set it, but so far I’m not seeing signs of wage compression.
I’m not sure what data would be reliable for proving or disproving wage compression.[/quote]
The reason there is so much competition for employees, which is causing wages to go up, is there are fewer people in the work force (for whatever reasons). If all jobs could be done remotely, then clearly wages would go way down in the long run.[/quote]
I don’t think there are fewer engineers in the work force. I just think there is more work to do. It is quite possible our economy has changed and accelerated the demand for technology and software and biotech.
For example, all this covid testing has put an enormous strain on lab resources and IT downstream to support this both at the lab level, and just at the clerical/billing/insurance level.
My company, we’re busy as hell trying to get all our mobile ticketing, virtual lines, mobile food ordering, beaconing tech to work so people don’t need to stand in a physical line. It’s a requirement for lots of enterprise customers in the entertainment/hospitality business overseas in stricter nations. Some of the adage old systems are now being repurposed for a lot of these new opportunities, and it’s bloody as hell to try to modernize some of this…We don’t have enough people to go after every business.
