How Big Firms Keep Wages Low

Re:How Big Firms Keep Wages Low by ptd on Friday January 25, 2019 @04:31PM (#19002694)

I don’t think it’s unpopular, it’s just an unfortunate reality.

An individual’s compensation is dependent on how much people with similar skills, backgrounds, and experiences will accept.

Is this fair?

Nope, and that’s why we have minimum wage. No matter how low the wage is, people will accept the job for the money.

It would be hard(if not impossible) to implement an effective universal minimum wage for international workers, but I don’t see any other solutions.

[ Parent | on HN ]

Re:How Big Firms Keep Wages Low by toweringgoat on Friday January 25, 2019 @04:41PM (#19002791)

You don't need anything near as complex. You just need to give visa-holders (A) job mobility, (B) the right to stay in the country for some amount of time when not employed (this doesn't have to be unlimited...), and ideally (C) not lock the Visa to the employer beyond a year or two.

Some countries implement the above, some don't.

[ Parent | on HN ]