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'Tech industry' has offices in India, China, Canada already to exploit the cheaper labor directly.
by keikobadthebad 4y ago
'Tech industry' has offices in India, China, Canada already to exploit the cheaper labor directly.
- Pet_Ant 4y agoDuring the last year I know multiple people who have doubled there salaries with being hired remotely and local companies being unhappy about the situation.
- ARandumGuy 4y agoIndia, Canada, and (especially) China also have their own 'tech industries,' which are able to hire talent locally without dealing with the headaches of having an international team.
- LegitShady 4y agoCanada doesn't have much in the way of a "tech industry" because all the new grads who can move to the US for much higher pay and few unicorn companies (like shopify) stay here. Many of the offices in Canada are here for the purpose of hiring people from other countries who can't get through the US immigration system. Housing has become insanely expensive and people aren't getting paid enough to offset the high cost of housing. Meanwhile our government is importing low wage low skill workers via the temporary worker program for things like fast food restaurants because people don't make enough to get out of fast food while working at fast food, so they have trouble attracting workers. The bottom line is canada is quickly becoming a place to import workers from cheaper countries to keep pay low while any Canadians who have the education and experience flee to the USA for higher wages. I've seen it in my lifetime with non computer engineering disciplines. A structural engineer making 70k because it's easy to import them from other countries and it drives wages down. The last PEO survey I saw said something like 2/3rd of Canadian engineering grads are not finding work in their industry of choice at all.
- alaricus 4y agoReplace "exploit" with "pay less because the cost of living there is much lower". My colleague in India gets paid a fraction of what I make, but he is able to afford a bigger house and more luxuries. The cost of living in the Western word is out of control.
- hungryforcodes 4y agoIts insane. Go live in Asia for a couple of years then come back -- you'll be shocked at how little you actually make in the West comparatively in terms of spending power.
- alaricus 4y agoThere is too much economic friction in the Western world, which drives up the cost of living (bad zoning laws that drive cost of housing, too much regulation...).