You Get the Talent That You Pay For
thriveglobal.com
thriveglobal.com
For anyone reading this that’s currently in this position. You are not saving money. You’re increasing both cost and development time in the long run.
Heh, reminds me of a time at said huge multinational. We were building a team in Thailand, and one of the execs knew that I had worked there in the past doing just that. He calls me over and says, "We're trying to figure out how much to pay the team. What are engineer salaries like in Bangkok?" I made sure to give the team a nice bump, based on my "estimate."
"pay more for better talent" implies that everyone is paid what they're worth, which is not true. If hiring better candidates was as simple as paying more, the recruiting industry wouldn't exist.
Anyone who thinks they'll magically get great work by paying higher prices is here for a suprize.
I had people charge very less give me great work and I had people charging a lot to give me shoddy work. It's always your responsibility to figure out what the quality of work you'll get for a given price.
I imagine the response might be "that's fine, there's over a million people in this state on unemployment I can get instead".
A good client was asking if I could do something for a cheaper rate. I explained that neither one of us was a "commodity engineer" [we both have 3 decades of experience]. And that there would be some jobs that just didn't make sense for us to do economically speaking. They are still a great client.