Is it fair to pay foreign workers less? Co-founder of this US firm says yes

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Franco Pereyra, co-founder, COO of Near sparked an online debate by claiming that the less pay for third-world countries employees is justifiable.

And yes, exploitation occurs, but paying lower wages in line with local cost is not inherently wrong,” he said.

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Category: BusinessFinance

Markets: IndiaPhilippines

Topics: International workers pay Global hiring ethics International worker exploitation Global labour market Franco Pereyra Near platform Cost of living disparity Remote work wage ethics Sustainable hiring practices Remote work pay disparity Indian IT professionals wage gap Foreign workers pay US workers pay comparison Underpaid global workers Less pay to the international workers LinkedIn wage debate International workers less pay Global wage disparity Lower wages for global workers Global talent cost of living Latin American talent remote work Wage disparity debate Ethical hiring practices Latin America wages International workers pay

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-24 @ 16:28:29 (1 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 480 words

Reading Time: 3 minutes read

Sentences: 22 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 24628643

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