Re:New U.S. immigration rules spur more visa approvals for S...
by cmrdporcupine on Thursday December 28, 2023 @10:48AM
(#38794581)
The reality of Canadian tech salaries would disagree with you.
Our immigration system targets skilled workers from abroad, and brings in a lot of them. It's a far more "rational" and less confusing system than the US, but also explicitly geared around bringing in skilled workers as permanent residents and it brings in a lot of them.
The downward pressure on compensation rates is real. Apart from exceptions in FAANG type companies, salaries here are often 1/2 of the rates of US employers, and it isn't because we're a lower quality product.
As a result a large % of us just move south to the US on a TN visa, or take remote jobs from US employers. Because the disparity in compensation is very high. And it's in large part because the market here is flooded with talent from abroad.
Our immigration system targets skilled workers from abroad, and brings in a lot of them. It's a far more "rational" and less confusing system than the US, but also explicitly geared around bringing in skilled workers as permanent residents and it brings in a lot of them.
The downward pressure on compensation rates is real. Apart from exceptions in FAANG type companies, salaries here are often 1/2 of the rates of US employers, and it isn't because we're a lower quality product.
As a result a large % of us just move south to the US on a TN visa, or take remote jobs from US employers. Because the disparity in compensation is very high. And it's in large part because the market here is flooded with talent from abroad.