Dude said remote jobs will be sent overseas not no damn near minimum wage manufacturing jobs that’s already overseas which lowkey america is trying to get back, what sense does it make to send higher skilled jobs overseas and putting domestic people out of work, domestic people who would’ve been in the top 5 percentile in economy and paying taxes, especially in the economy we in now America can’t afford to allow companies to send majority of they jobs overseas
If it was about cheap labor then they wouldn’t have had put billions of dollars into chip making to bring it back to the country
Dude you must not be familiar with outsourcing. Before Covid, I had worked overseas for years and was partially in charge of moving two facilities overseas under orders of the CEO and VP.
Overseas outsourcing ain't about just minimum wage manufacturing jobs. For example when I was moving facilities from the US to overseas this didn't just deal with operators on the floor. This dealt with moving positions for Industrial Engineers, Quality Engineers, Test Technicians, Mechanical Engineers, CNC operators, Facilities Engineers, Managers, Supervisors, Software Engineers, Design Engineers, Buyers, MRP Controllers, Supplier Chain Managers, Plant Managers, Supplier Quality Engineers, Warehouse staff and etc all to another country to reduce their labor rates (labor rates is not hourly salary, but the total cost to have an employee work for a company).
That was tons of highly skilled American jobs taken away and moved to another facility overseas.
You are nuts if you think this isn't about money. Like literally when I worked in India the avg engineer salary was 15K a year. You think the company I worked with just moved engineering jobs to india for the hell of it. No they moved cause they could pay a kat in india to do the same job 15K a year instead of 60K a year in America. Also thats 15K in India minus having to pay in a 401K, cheaper insurance for worker, easier labor laws where the government will look the other way for mistreating employees, cheaper cost for disability pay/workmans comp than in the states.
Hell when I worked overseas in Mexico there was a rule in which the hourly and salary folks were under a mexican law that said an employer has the right to fire you for anything in that first year. But once you made the one year it was up to the employer to resign your year contract then after that it was harder to fire you. Similar to the US 90 day rule but for Mexico it was 1 year + plus the company has to resign your contract.
That isn't even taking into in many of those foreign developing world countries such as Mexico it is accepted practice that professionals often times get only like 1 week vacation a year. Anything more PTO that is up to the employer's discretion.
When CEOs and Execs look at labor rates. They ain't looking at just their pay. They are looking at how much it is to insure them for health care/life insurance/ insure their kids and spouses. How much they have to match for 401K, how much it costs the company to cover them on Short Term and Long Term Disability, the cost to maintain their computer, cost to provide them training, cost for other perks like tuition reimbursement.
Have you ever had a professional job? Have you ever looked at the system at your job where it says total salary and total worth of benefits? So say you make 120K a year in salary, but your employer will say total salary plus net benefits (insurance, PTO, 401K match and etc) will say you actually make 160K a year.
As a person in engineering I use to know this number in DoD. I am sure the numbers are different now with inflation. When we would pull actuals up for new contract bids we would say engineering (no matter the position) bill out number on bids was like $140 an hour. So if a contract was going to take 15,000 hours to build a lot of units that was 15,000 times $140 an hour. That $140 was broken up in the per hour costs for the pay rate for the engineer, the engineer insurance and company benefits, engineer desk / computer / IT support / training or yearly training, the cost to house a engineer in the building at their desk (based on the cost per square footage), cost to provide other facility things such as lights / water) and even if a lab had to be built for the engineer to go there for testing the units.
Last thing please stop with the nonsense that America is trying to bring manufacturing jobs back. These companies aren't bringing shyt back....manufacturing has decreased in America ever decade. That just talk from these greedy companies to save face and these lying politicians. Go look at the Mid West, East Cost and South were small towns all over America had manufacturing facilities up and leave and go overseas and never return. shyt just go to Ohio and see how that state has totally changed over the last 40 years. Hell go to Shanghai and see how every freaking American fortune 500 company that has a manufacturing.....has a facility in that city and/or the surrounding cities (I know cause I use to work there) that makes parts/units/etc that is eventually shipped back to the US for consumption.