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Tech Wage Gap Across Borders: U.S. Tech Workers Earn 46% More than Canadian Counterparts

October 12, 2023 by Newsdesk

A recent report delves into the compensation divide between tech professionals in Canada and the United States.

Analyzing 2021 statistical and survey data, the study, conducted by the Dais at Toronto Metropolitan University, demonstrates a significant discrepancy. When adjusting for exchange rates and living costs, American tech workers earn an impressive 46% more than their Canadian counterparts.

The report highlights disparities based on race, gender, and educational achievements. Notably, U.S. tech workers receive double the equity compensation compared to Canadian tech workers.

This data underscores a pressing need for Canada to enhance competitiveness in its tech industry.

Want to know more? Check out the source code on Techtalent.ca.

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