The wages in Toronto are laughable. In the praries it's possible to make maybe 10 to 20k less than Toronto salaries but the houses are half the price.
It depends. They are not bad if you're a contractor.
Developments in tech in Toronto over the past seven years
91–100 of 134 posts
Re: Developments in tech in Toronto over the past seven years
#92Earlier quoted context omitted.
The wages in toronto have skyrocketed in the last couple years. I'm looking for functional programming people if you're interested I can pay at least $120k/year and offer considerable equity to work on realtime systems. We're profitable and not funded. We have a couple seats to fill and I'm having a hard time because people in Scala circles are expecting $150k/year in Toronto. Many of my peers are making $150k no pro…
Is that CAD or USD though? Because you're still really underpaying if it's CAD.
Re: Developments in tech in Toronto over the past seven years
#93The wages in Toronto are laughable. In the praries it's possible to make maybe 10 to 20k less than Toronto salaries but the houses are half the price.
The wages in toronto have skyrocketed in the last couple years. I'm looking for functional programming people if you're interested I can pay at least $120k/year and offer considerable equity to work on realtime systems. We're profitable and not funded. We have a couple seats to fill and I'm having a hard time because people in Scala circles are expecting $150k/year in Toronto. Many of my peers are making $150k no pro…
As an example situation, I'd like in this pseudononymous situation to ask what are the factors and principles that makes $120k/y a reasonable offer for a functional programmer in Toronto?
A consultant earns about $1k+/day, or double the proposed salary, and companies typically pay $1600-2400/day for contractors through an agency, so I'm trying to figure out what makes that $120k/year viable.
Presumably you pay based on what the work is worth to the company (revenue per employee) and what you can find in the market.
If you are getting price takers at that level, that's the market clearing price, then the market is the market.
But if you aren't getting takers, what is the value can you afford to pay for at $120k, but can also afford to not-have that value if it saves you $30k? Is there a revenue-per-employee threshold, or are you reaching a diminishing marginal return on additional developers - which suggests you are toward the end of your growth curve?
The idea that a company can afford to wait two quarters or longer to hold out for a %20 salary savings by waiting for someone to take it suggests that the marginal value of the work isn't very high.
The definition of a shitty job is pretty much one where your work isn't valued, and when you compare Toronto offers to the rest of the market, they are literally advertising, "we will pay you for work we don't value!" Is there a principle at play here, or is it just a straight "take it or leave it," offer?
The saying, "we can't afford cheap things," is why SFBA startups pay so much - because there is too much multiples growth at stake to miss out of it by saving on small things. Do we just not have the same growth upside?
Re: Developments in tech in Toronto over the past seven years
#94I'm from Toronto. Congrats to Toronto for its accomplishments. It should be realized that their is a great standard of living available outside of major tech centers all across the country(s). The opportunity is different, but the jobs do exist. I'd argue that their is far more opportunity outside of tech centers than within. A tech center addresses the issue of distribution. More specifically, of concentration. Havi…
Re: Developments in tech in Toronto over the past seven years
#95I'm from Toronto. Congrats to Toronto for its accomplishments. It should be realized that their is a great standard of living available outside of major tech centers all across the country(s). The opportunity is different, but the jobs do exist. I'd argue that their is far more opportunity outside of tech centers than within. A tech center addresses the issue of distribution. More specifically, of concentration. Havi…
As a Canadian-U.S. dual citizen who has spent my whole life in Canada, and most of it in Toronto, I honestly can't justify settling down in Ontario. The taxes are high and complicated, the services are subpar (and I don't use most of them), and Canada largely lacks the civil rights stability enjoyed in the U.S. under the Constitution (as currently amended and interpreted), particularly regarding freedom of speech and…
Re: Developments in tech in Toronto over the past seven years
#96I've been living and working in Toronto since 2003, and can attest that it truly is a fantastic city to live in. Most of the senior developers I know in Toronto work as independent contractors for large enterprises because they can get paid significantly more than the base salaries mentioned here. Contractor rates rival Silicon Valley salaries. The downside of independent contracting is that you forgo sick pay, holid…
Hi, I'm a contractor in Québec City work as a Business analyst. Can you tell me what is the hourly rate in Toronto ? And how do you find your clients ? It's my first year of working as a contractor. Thanks.
I sub out work now and then, I'll add an email address to my profile. I'd like to know your skill sets.
Re: Developments in tech in Toronto over the past seven years
#97Re: Developments in tech in Toronto over the past seven years
#98Earlier quoted context omitted.
You can do without French but then again if you're living there make an effort Winter is worse than Toronto but not by much (and Ottawa winters seem worse than both, to the point a whole canal freezes)
Montreal winters are far worse than Ottawa, if only due to the laissez faire attitude taken towards infrastructure and maintenance of the city and buildings - not just government, but landlords as well.
Average and record low are lower in Ottawa though. Would be interesting to know about wind temps though.
Re: Developments in tech in Toronto over the past seven years
#99These comments are hilarious and so typical of Toronto - there is a reason it's called the "screwface capital" of the world and I think it really rings true.
Re: Developments in tech in Toronto over the past seven years
#100Earlier quoted context omitted.
These conversations, which appear every time a post appears on HN that talks about what a great place Toronto is (along with many other places in Canada), make me sad. There is so much more to life than money.
Sure but Toronto is expensive and they pay isn't very good considering. If it were people lamenting only being paid $300k instead of $400k then we could be like "it's just money!" but I heard when I was there a few months back CAD$120k is pretty typical for a senior dev, which is roughly $90k USD, and the housing and whatnot isn't all that much cheaper than in big US cities.
An extra $35k salary would easily cover a much larger mortgage, and living expenses aside from the mortgage are almost identical.
The difference in rent or mortgage is easily covered by the city weighted salary, but you still have all the other expenses. Living is just expensive wherever you go, there is no escaping it. I made the decision that at 40 I don't want to be in a condo surrounded by traffic and people any more. It's been a bit of an eye opener and a big adjustment to accept the relatively low salary that comes with that decision.
I have worked remotely and been paid very well which has been good, but startups come and go and when I got to the final round of a more stable position with a large corporation they told me they were downgrading my salary offer by a significant amount because of where I lived.