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Ask HN: Workers outside of the US and the weakening US dollar

1 pointsby monkey26almost 4 years ago
I know I&#x27;m not alone here, I work (ie: contract, but full time) for a US entity and get paid a fixed US rate, but with the dollar weakening I&#x27;m at a reasonable loss from when I started 2 years ago.<p>How are others dealing with this? Either from their side as the work, or even from the company side.

2 comments

Wowfunhappyalmost 4 years ago
Is the dollar weakening? Looks like there&#x27;s a slight dip but nothing so unordinary. <a href="https:&#x2F;&#x2F;www.xe.com&#x2F;currencycharts&#x2F;?from=USD&amp;to=EUR&amp;view=5Y" rel="nofollow">https:&#x2F;&#x2F;www.xe.com&#x2F;currencycharts&#x2F;?from=USD&amp;to=EUR&amp;view=5Y</a>
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mytailorisrichalmost 4 years ago
In general companies will not want to start paying in a foreign currency or have adjustment provisions that would put risk on them (and you, actually as they may decide to cut you loose if you suddenly become more expensive).<p>This is a common problem for people paid in foreign currency. They can win or they can lose... Not many things to do apart from negotiating a salary high enough to make it worthwhile or to play the currency market (i.e. don&#x27;t immediately exchange what you don&#x27;t need to if you think exchange rate will improve).<p>I suppose someone would only consider that arrangement (being paid in a foreign currency as a remote contractor) if that was much better paid than local salary in the first place.