I don't mean to spread FUD, but as an interviewer at a FAANG in the US, I have mostly been interviewing candidates in LATAM (Brazil and Mexico). Same for some of my other coworkers.
I used to work at a SF startup before the FAANG about 4-5 years back. All the engineers there have unfortunately been replaced with those in LATAM too. LATAM engineers were making like $80-$90K in USD, which is apparently really good money there, whereas US engineer asked for base pay twice that. So it seems like a win-win deal for the cofounders and LATAM engineers.
The boring reality is that the price of labor roughly reflects the productivity companies typically get. Because if there is ever some clear win in some location, people start hiring there, and things start to balance out again.
jprokay13|1 year ago
yolovoe|1 year ago
I used to work at a SF startup before the FAANG about 4-5 years back. All the engineers there have unfortunately been replaced with those in LATAM too. LATAM engineers were making like $80-$90K in USD, which is apparently really good money there, whereas US engineer asked for base pay twice that. So it seems like a win-win deal for the cofounders and LATAM engineers.
Just not so great for those of us in the US.
nitwit005|1 year ago
The boring reality is that the price of labor roughly reflects the productivity companies typically get. Because if there is ever some clear win in some location, people start hiring there, and things start to balance out again.