I recently started using eLance for some work I am doing, and I wanted to see how others use it. I opened a couple of projects from the main page and found this one. A US company outsourcing some IT work, fine. I’ve seen some US freelances on the site ranging in bids from $20ph to $100ph. Sounds reasonable enough to me, a little like Australia. Then the asian / indian market freelances are operating at $12 – $25ph. This was also no surprise. This one job posting that I opened here though, $2 PER HOUR?? Isn’t that a bit low? I agree with a freemarket economy, but I also agree with rewarding good people (it helps with retention of those people / good business, which makes life easier in a freemarket). I was surprised anyone would try to get something done for that amount. Maybe they’re going for quantity not quality…