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I feel almost hesitant to write this - but these executives have figured it out and it does not bode well for Canada. You guys are competing with India where yo
by sandGorgon 11y ago
I feel almost hesitant to write this - but these executives have figured it out and it does not bode well for Canada.
You guys are competing with India where you could pay people 1/4 the salary in Canada and get access to high quality talent. And there are so many so Valley expats who are dying to return home, that you can get access to senior management talent for India ver easily. CXO level salaries in India match that of the US - especially with the Flipkarts and OlaCabs out here.
And cost of living is obviously much lower.
Long term, Canada will need to grow it's startup ecosystem and domestic markets. The top employers in India are all domestic at this point.
- aianus 11y ago> I feel almost hesitant to write this - but these executives have figured it out and it does not bode well for Canada. You guys are competing with India where you could pay people 1/4 the salary in Canada and get access to high quality talent. If that's the case, why do they bother coming to Waterloo to recruit and go through the hassle of paying SF salaries, relocation and sponsoring visas? I'd be happy with a 30% pay cut vs SF if I could live/work in Toronto but right now it's closer to 60%. I can't be alone.
- sandGorgon 11y agoBecause Indian visas are limited by H1B caps. I'm sorry, but that's pretty much the biggest reason.