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This does not surprise me. I work for a large US based company that is currently using this as a part of an overall cost reduction strategy. They have been eliminating jobs here in the US and hiring replacements in Canada as well as other countries. Apparently, an engineer in Canada cost about 1/2 as much (salary + benefits + infrastructure). Also, we have 'heard' that the salary alone is about 1/2 as compared to our US employees (at least for engineers).
Needless to say, many here are very upset. Others, outside of the company, have commented that the long term effects of this 'strategy' may
be negative in the US market. Yes, tough decisions have to be made in tough times. I could go on and on......
In the meantime I will continue to drive my 5 year old car with 137,000 miles, reduce my spending and increase my savings.
What do you think?
\/ Now that I have moved to Canada from USA I am having a hard time finding a job that will pay me as much as much I was making back in USA. So I am thinking about doing consulting work. \/
Needless to say, many here are very upset. Others, outside of the company, have commented that the long term effects of this 'strategy' may
be negative in the US market. Yes, tough decisions have to be made in tough times. I could go on and on......
In the meantime I will continue to drive my 5 year old car with 137,000 miles, reduce my spending and increase my savings.
What do you think?
\/ Now that I have moved to Canada from USA I am having a hard time finding a job that will pay me as much as much I was making back in USA. So I am thinking about doing consulting work. \/