Thread regarding BP PLC layoffs

US Full-Time vs Contractor vs Offshore Hire Costs

With all these cuts other teams are hiring entry level offshore talent to do most of the work. My small team has not had to yet but Q3 could change that.

Any idea how much cheaper offshore contractors or hires are compared to new full-time hires? And what is the difference between a US contractor and a direct hire?

by
| 1031 views | | 5 replies (last July 10, 2024) | Reply
Post ID: @OP+1tmvYw89

5 replies (most recent on top)

how much cheaper wud a ceo from bangalore be? might destroy less value and work for 5% of murry pay

by
| | Reply
Post ID: @5dfh+1tmvYw89

They need to clean house at Bpx.

by
| | Reply
Post ID: @2nkr+1tmvYw89

In GBs last town hall, he said 1 new hire = $250k. He didn’t specify grade level, just “new hire”, but that kind of tracks when you consider taxes, insurance, 401k match, pension, etc. There is a lot of carrying costs besides just salary.

by
| | Reply
Post ID: @1agw+1tmvYw89

US is going to be massacred.

by
| | Reply
Post ID: @jgo+1tmvYw89

Anything US is at least triple of the price of offshore

by
| | Reply
Post ID: @had+1tmvYw89

Post a reply

: