The Cost of Living of a family of four in Switzerland is six times more than that of a family living in India according to the Cost of Living plus Rent Index of Numbeo.com. A 0.33 ltr of water in Pune, the IT hub of India costs INR 14 (USD 0.18) whereas a similar bottle in Geneva (the Business Hub of Switzerland) would cost CHF 3.50 (USD 3.63) (see this comparison).
Is the person in India less professional? You could hire a team of 5 professionals in Pune for the same salary as one in Geneva.
This example alone illustrates the disparity in costs of commodities as well as various rents that one has to pay for a healthy lifestyle in each of these two places. This exemplifies the benefits of recruiting a professional in India for work on Swiss/European projects. The incongruity it creates in various countries by labelling them as first-world countries and third-world countries is also significantly reduced and such gaps are efficiently bridged through providing remote work resources and opportunities.
This is possible for example by hiring Indian brains to work on a project for a Switzerland-based firm, say Swiss Bank. If the payment is fair and at par with the Swiss employees, this will be a successful venture for both parties involved. From the client’s perspective, they get the best of human resources and capital that India can provide which may be as good as or even better than those available physically in Switzerland. From the employee’s point of view, the individual earns more than their counterparts in India which leads to a better quality of life for the workforce as well as opening more avenues for contributing to the country’s economy through expenditure, tax payments, charity and the overall upliftment of people nationwide.
