Wage Reality.

Item request has been placed! ×
Item request cannot be made. ×
loading   Processing Request
Read Online Read More Add to Saved list
  • Additional Information
    • Subject Terms:
      UNITED States; CANADA
    • Abstract:
      The article deals with the role of the local labor market in determining the amount of IT worker compensation. One IT compensation survey done by Canadian Pacific Railway finds that Canadian IT people make as little as 80 cents for every dollar U.S. IT workers get, after adjusting for currency exchange rates. A Canadian outsourcer puts it closer to 70 cents on the dollar. Everyone involved in IT staffing is looking for ways to beat the market. One obvious way is offshoring or nearshoring. U.S. companies like the idea of sending work to places where local market rates for IT work are lower. Just as obvious is importing talent. Many IT workers with in-demand specialities from various countries want to come upmarket to the U.S., where they get an automatic increase in salary just for being in a different local market.