TrickzOnU
Joined 10 years ago
Joined 10 years ago
It is a huge nation, but one where 70% of the tech jobs are stuck in SF/SV. I can move to Lincoln Nebraska and pay $400/mo in rent, but I sure as heck wont find an employer seeking a python job.
Secondly, only the technology industry has a massive pipeline of overseas workers available...so naturally there is constantly a "shortage" as a means to increase the pipeline of overseas workers.
I'm not saying NOT to hire overseas workers. I'm saying to be honest about it. Say -- we refuse to pay market wages and would rather that new graduates not find work than pay them a living wage for the Bay Area, instead we'll hire offshore workers desperate to flee their countries and willing to shack up 3 to a studio apartment.
So yes, $300k for a mid-career position is clearly not enough in the Bay Area. Could you raise a family in a 1BR, yes you can! But there is a "shortage" of people who want to raise a family in a 1BR. There is no magic here -- pay would need to be commensurate to experience + cost of living or people simply will not take the job.