Why is it okay to be paid $100,000 for the exact same job as your equivalent counterparts in the US make 3.5x for?
That's millions if you save the majority for retirement. It could be the difference between nursing homes and an independent travel-filled retirement at a reasonable age.
Of course, I'm not here to make decisions for anyone. And people have personal reasons to not pursue immigration, that's fine. They're making a steep trade-off, though.
Yes I would be totally ok with that. Especially if that $100k include a real pension when I retire that I can depend on, no threat of my kids getting shot at school, health insurance that covers me when I get sick without having to go into bankruptcy, bike paths over the entire country, paternity for when I have a kid, subsidized child care for everyone so parents can be more sane, etc etc...
You think this is just about talent and it is not. It is combination of so many things such as taxes, social care, government ideology, culture in that country, retirement/pensions, cost of living in that location, minimum wage anchoring, how much it costs to dismiss someone, etc...
Also, barely anyone in the USA makes 350k, so this entire argument is kinda moot. Barely any developers make $350,000 so this comparison is just kinda crazy.
In US public tech companies it's standard for half or more of the compensation to be made up by equity grants. Are you sure your average salary figures are not just looking at salary? A salary of $177k would be normal for someone making annual total comp of $350k at a FAANG -- you can see this on levels.fyi.
> Why is it okay to be paid $100,000 for the exact same job as your equivalent counterparts in the US make 3.5x for?
I'm not going to say it's okay, but there are a few things to keep in mind. The most obvious is that salaries are not determined so much by how productive the employee is but by the relationship between supply and demand.
But that's not the really interesting part. The interesting part is that when you factor in taxes and CoL, you might be earning less gross but walking away with more money after paying taxes and living costs.
That's millions if you save the majority for retirement. It could be the difference between nursing homes and an independent travel-filled retirement at a reasonable age.
Of course, I'm not here to make decisions for anyone. And people have personal reasons to not pursue immigration, that's fine. They're making a steep trade-off, though.