My View on the Global Economy
The presence of offshore jobs have really put freelancing practices into global competition. The freelancers from developed countries are to match the skills of those living in the developing country.
Freelancers from developed countries complain of the low priced bids offered by those living in the developing countries. For instance a freelance programmer based in the US can charge more than twice to what freelance programmers based in the Philippines.
The charge is dictated primarily by the cost of living that these countries have. The US programmer has to charge more because the basic needs and expenses are higher than that of the Philippines.
The Filipino programmer, on the other hand, can charge lower rates for a job because of a lower standard of living.
When a job opens at the global offshore job market, the Filipino programmer has an edge over the US programmer – interestingly, both programmers even possess the same skill set.
The client has to decide on which programmer would really be suitable to his time zone.
