Comment So what? (Score 4, Interesting) 332
If I were a betting man, I would say that anything which isn't tied to locality and is not specialist/niche in nature is doomed to become as crappy as any normal job. Locality is real important because boilerplate services which are not niche such as auto maintenance are highly localised to the customer, and hence a mechanic or plumber in a rich neighbourhood will tend to earn loads for identical work done elsewhere. Compare auto maintenance costs between Berlin and Addis Ababa for example.
As my daddy said to me many, many years ago, the secret to high earnings and excellent work conditions in the free market is to be perceived by those with money as being able to do something valuable which is perceived as hard to find elsewhere. I know a guy who fits spiral staircases - he's good at it, but his talents are hardly unique. Yet Elton John had him fit a spiral staircase in one of his houses a few years ago, then the other celebs saw it and suddenly he's putting in spiral staircases all over the world and charging six or seven times the normal cost. In the end, it is cheaper to pay seven times the odds and avoiding finding your own worker when your opportunity cost per hour is like US$500!
The second thing my daddy said to me is to leave the free market when you start thinking of having children. The free market will throw you away if you get sick or you lose your reputation which someone influential can easily cause. He suggested a highly unionised public sector job where if you feel a bit peaky you can just go on sick leave for twenty years. Personally, I wish there were some middle ground between excellence being rewarded and the dead but safe hand of guarantee, but we as a society are still too torn between the old Babylon myth even after all these millenia later
I would also say that from my personal perspective as a specialist IT consultant, work is still paying US$750-1000/day upwards but the recession means that there is simply a lot less of such work, so much so that you have to find other sources of income which are usually totally unrelated to IT as so to prevent reputation damage. However in my subjective opinion there is certainly no pressure to reduce payments for high quality specialist work, if anything in some fields the rate is actually rising as more skilled professionals quit permie jobs for their own IT consultancy business. At the top end things keep on getting better, and at the bottom they keep on getting worse. Just like the wage gap in all Western countries since the 1980s!
Cheers,
Niall