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This is changing. I work with Canadian colleagues at a remote-friendly company, and they make the same salary as the folks in NYC and SV, taking conversion into

This is changing. I work with Canadian colleagues at a remote-friendly company, and they make the same salary as the folks in NYC and SV, taking conversion into account (most make >200k CD). I also know that Shopify pays very well. Canadian tech is catching up in compensation terms, and the dominoes are going to start following as demand picks up.

omouse 7y ago
>Canadian tech is catching up in compensation terms, and the dominoes are going to start following as demand picks up Slowly changing. The US companies are going to pick up all the talent here.
rcastano 7y ago
Would you care to share which companies you know that pay equal salaries? I'm close to 200k CAD in total comp working in Vancouver but that's still around 40% less of what colleagues in the States are making.
- jdsully 7y ago
  I hear this a lot - most of the time its just people happy making >100k not realizing the Canadian dollar has dropped a lot, and just how ridiculous US salaries have become in the last 10years.
- hacknat 7y ago
  My question for you though is, is it much less? Americans have to save way more money for retirement than Canadians. I bet your fully loaded costs are close.
  - tenpies 7y ago
    I believe the last time we ran the numbers it wasn't that drastic. The mandatory retirement saving in Canada (Canada Pension Plan) is quite bad, can't really be maxed out beyond a very low benefit, and is almost criminal for your beneficiaries if you die before retirement. It is certainly than nothing, but definitely not better than taking the same money and placing it in a tax sheltered index fund.
- rmellow 7y ago
  Which industry and how many years of experience if I may ask? I work with deep learning, and with ~2 years of experience >125k CAD base is a rare find.
kingofpandora 7y ago
What does "taking conversion into account" mean? Either they earn the same or they don't.
- PopeDotNinja 7y ago
  I'm pretty sure that's referring to currency conversion. 200K CAD is around 150K USD.
  - kingofpandora 7y ago
    So they earn the same then.
    - deleted 7y ago
      [deleted]
    - Google234 7y ago
      New graduates make more than that with 0 yoe in silicon valley.

omouse 7y ago

>Canadian tech is catching up in compensation terms, and the dominoes are going to start following as demand picks up Slowly changing. The US companies are going to pick up all the talent here.

rcastano 7y ago

Would you care to share which companies you know that pay equal salaries? I'm close to 200k CAD in total comp working in Vancouver but that's still around 40% less of what colleagues in the States are making.

jdsully 7y ago
I hear this a lot - most of the time its just people happy making >100k not realizing the Canadian dollar has dropped a lot, and just how ridiculous US salaries have become in the last 10years.
hacknat 7y ago
My question for you though is, is it much less? Americans have to save way more money for retirement than Canadians. I bet your fully loaded costs are close.
- tenpies 7y ago
  I believe the last time we ran the numbers it wasn't that drastic. The mandatory retirement saving in Canada (Canada Pension Plan) is quite bad, can't really be maxed out beyond a very low benefit, and is almost criminal for your beneficiaries if you die before retirement. It is certainly than nothing, but definitely not better than taking the same money and placing it in a tax sheltered index fund.
rmellow 7y ago
Which industry and how many years of experience if I may ask? I work with deep learning, and with ~2 years of experience >125k CAD base is a rare find.

kingofpandora 7y ago

What does "taking conversion into account" mean? Either they earn the same or they don't.

PopeDotNinja 7y ago
I'm pretty sure that's referring to currency conversion. 200K CAD is around 150K USD.
- kingofpandora 7y ago
  So they earn the same then.
  - deleted 7y ago
    [deleted]
  - Google234 7y ago
    New graduates make more than that with 0 yoe in silicon valley.