why $5 then? seriously asking... it also sounds low. in reality companies pays employees (even an american company with an american employee) the bare minimum they can pay them and still have them do the job. the "could the employee afford it" test is a little strange - an astronaut probably can't buy a spaceship, I can't afford some enterprises software that i wrote myself, etc etc.
i suspect that when we look at what caused a raise in salaries at a certain place it is rarely companies from abroad paying more, but simply the local economy developing, causing people to ask for more (which often meant that international companies stopped hiring there, e.g. china).
i suspect that when we look at what caused a raise in salaries at a certain place it is rarely companies from abroad paying more, but simply the local economy developing, causing people to ask for more (which often meant that international companies stopped hiring there, e.g. china).