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Google's expansion plans show why Canada's tech boom is here to stay

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Re: Google's expansion plans show why Canada's tech boom is here to stay

#51

Post by [deleted] »

wolco wrote: post #34
starky wrote: post #29

Earlier quoted context omitted.

Sure you could add other cities, but the result of the graph is the same for Canadians. We are getting absolutely hosed on salary considering that nearly everything (minus housing) in Canada is pegged to the US dollar. It makes it really hard to attract talent when someone looking for a job could move 4 hours south and make 50-100% more money to have more purchasing power. Other countries being similar to our level d…

Add in the 50% taxes it really makes things very expensive.

[deleted]

Re: Google's expansion plans show why Canada's tech boom is here to stay

#52

Post by yellowait44 »

52-6F-62 wrote: post #46
wolco wrote: post #34

Earlier quoted context omitted.

Add in the 50% taxes it really makes things very expensive.

We don’t pay 50% in tax... Even at the higher income scales

Federal higher income bracket is not 50% but you have to factor the province as well so yeah well above 50% in Quebec for instance.

Re: Google's expansion plans show why Canada's tech boom is here to stay

#53

Post by gyulai »

...we've been having these kinds of headlines from local media outlets pretty much everywhere where FAANG have created/expanded presences. -- But it seems to me that these companies are extremely centralized and only decentralize to the extent that it is unavoidable (e.g. distributed data centers for reasons of latency) or that it captures special opportunities (e.g. Apple expanding in Munich right now, but doing only hardware and chip design work in what seems to me like a play to pick up talent from competitors like Infineon)

Also: I'd quite like to see what the distribution of carreer-levels is, when comparing Silicon Valley to non-Silicon Valley locations for these companies. I'd be willing to bet that non-Silicon Valley locations have predominantly more junior people, and that certain promotions are harder to get and will come with the necessity to move to the valley.

Re: Google's expansion plans show why Canada's tech boom is here to stay

#54

Post by yellowait44 »

abtinf wrote: post #22

Part of the reason for this is that the Trump administration has made it very hard for Canadians working for tech companies to visit the US on business. I have friends who used to frequently and freely travel between the two countries for meetings, and now they all have corporate policies forbidding it. As is always the case with protectionist policies, the country imposing them experiences a net loss.

First time I hear about this too and I know lots of people who travel for work and never had problems. Care to elaborate?

Re: Google's expansion plans show why Canada's tech boom is here to stay

#55

Post by diebeforei485 »

buzzkillington wrote: post #47
ttul wrote: post #42

Earlier quoted context omitted.

If you get into a senior role at one of the big tech firms, pay matches the valley. For lesser roles, Canada is cheaper, but the gap is closing rapidly as talent runs dry.

Senior roles in SF/NY pay >600k in total comp. I was flat out told there are no such jobs in Canada two years back. Has that changed?

Not sure why you're being downvoted. You're right.

Re: Google's expansion plans show why Canada's tech boom is here to stay

#56

Post by syedkarim »

halflings wrote: post #49
buzzkillington wrote: post #47

Earlier quoted context omitted.

Senior roles in SF/NY pay >600k in total comp. I was flat out told there are no such jobs in Canada two years back. Has that changed?

What do you mean by "senior roles"? Something like a "Senior Software Engineer"? (or more like a Senior Staff SWE / director) Can guarantee Senior Software Engineers don't make >600K in SF.

The above was referring to total comp. From what I have read, annual stock/RSU compensation is equivalent to salary. I have read that a $300,000 salary is not unheard of for a senior FAANG engineering role.

Re: Google's expansion plans show why Canada's tech boom is here to stay

#57

Post by rkho »

syedkarim wrote: post #56
halflings wrote: post #49

Earlier quoted context omitted.

What do you mean by "senior roles"? Something like a "Senior Software Engineer"? (or more like a Senior Staff SWE / director) Can guarantee Senior Software Engineers don't make >600K in SF.

The above was referring to total comp. From what I have read, annual stock/RSU compensation is equivalent to salary. I have read that a $300,000 salary is not unheard of for a senior FAANG engineering role.

300 in total comp is not unheard of for senior roles in the SF Bay Area market. 600 is a whole other story short of severe equity appreciation.

Re: Google's expansion plans show why Canada's tech boom is here to stay

#58

Post by qeqeqeqe »

gyulai wrote: post #53

...we've been having these kinds of headlines from local media outlets pretty much everywhere where FAANG have created/expanded presences. -- But it seems to me that these companies are extremely centralized and only decentralize to the extent that it is unavoidable (e.g. distributed data centers for reasons of latency) or that it captures special opportunities (e.g. Apple expanding in Munich right now, but doing onl…

How is opening 5000 new jobs in Canada a sign that Google is "extremely centralized"? In regards to your Munich example, what exactly is the issue with that? If there's a large amount of talent in some area why wouldn't you want to try and compete for it? Anyway, I have a good feeling that office will grow soon, there's plenty of non-hardware and chip design talent in that area :) You do have to start somewhere though. I will also make an educated guess that Google isn't hiring just junior people, and even if they were, they would grow into more senior roles anyway.

Re: Google's expansion plans show why Canada's tech boom is here to stay

#59

Post by buzzkillington »

rkho wrote: post #57
syedkarim wrote: post #56

Earlier quoted context omitted.

The above was referring to total comp. From what I have read, annual stock/RSU compensation is equivalent to salary. I have read that a $300,000 salary is not unheard of for a senior FAANG engineering role.

300 in total comp is not unheard of for senior roles in the SF Bay Area market. 600 is a whole other story short of severe equity appreciation.

I've had offers for 800k.

Re: Google's expansion plans show why Canada's tech boom is here to stay

#60

Post by echelon »

gyulai wrote: post #53

...we've been having these kinds of headlines from local media outlets pretty much everywhere where FAANG have created/expanded presences. -- But it seems to me that these companies are extremely centralized and only decentralize to the extent that it is unavoidable (e.g. distributed data centers for reasons of latency) or that it captures special opportunities (e.g. Apple expanding in Munich right now, but doing onl…

> Also: I'd quite like to see what the distribution of carreer-levels is, when comparing Silicon Valley to non-Silicon Valley locations for these companies. I'd be willing to bet that non-Silicon Valley locations have predominantly more junior people, and that certain promotions are harder to get and will come with the necessity to move to the valley.

As a tech worker in Atlanta, I find that quite the opposite is true. People tend to career-(s)hop out in the valley and don't stay at the same company for long.

In Atlanta people tend to stay with the same company for years and grow their role and influence. As such, the SF headquarters tends to put its most important pieces in its remote offices.

I also think SF sees a lot of products spun up as promotion vehicles, whereas remote offices tend to think long term with long time horizons.

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