- Joined
- Jul 8, 2018
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- 1,027
As I posted elsewhere on the forum, this trend will continue for as long as the following is true:Of course I regret the job losses in the old world, but unfortunately I think that this trend will be almost impossible to reverse.
A call centre worker in India is considered to be very well educated and middle class - the monthly salary for such workers is around £130 (155 Euro/$170). It is likely the salary of assembly workers will be lower than this or equivalent - in the West this is lower than the daily wage for an experienced and qualified engineer
Profits are much higher when wage costs are lower