> This is one of the main reasons why companies pay a premium for workers in the west when they could hire from other places.
By this token "other places" companies would also want to pay a premium to hire US workers outside of sheer competency. Yet we're not seeing Samsung massively moving institutional operations to US centers for instance.
> accounting scandals
Whait, what ? You're telling me that while the crypto bubble is bursting and they're going to prison for egregious fraud ?
Also, scandals being few in number would probably be a sign of overcorruption and systematic rot or the controlling structure. I'm not sure that's what we want.
> Yet we're not seeing Samsung massively moving institutional operations to US centers for instance.
Culture matters a lot. Korea is a high context society, and relationship building is extremely important. Its very difficult to migrate functions to other locations when the way to get things done is through building trust and relationships over long periods of time. That said, Samsung does have significant offices all over the world.
By this token "other places" companies would also want to pay a premium to hire US workers outside of sheer competency. Yet we're not seeing Samsung massively moving institutional operations to US centers for instance.
> accounting scandals
Whait, what ? You're telling me that while the crypto bubble is bursting and they're going to prison for egregious fraud ?
Also, scandals being few in number would probably be a sign of overcorruption and systematic rot or the controlling structure. I'm not sure that's what we want.