Salaries of Software developers is Rising Fast in Toronto, Canada
Touted as one of the top tech cities in Canada, Toronto is a booming tech hub that accounts for over 40 percent of tech-related workers in Canada. A Wall Street Journal report said that compensation for software developers outside of the United States and Silicon Valley are increasing fast. This hike in salary is a result of tech company expansions outside the area, which are causing a bidding war in terms of wages for software developers.
Since 2018, there has been a steady rise in software developer salary rates. And because of Canada’s booming tech industry, this rate is bound to go even higher in the coming years. Many foreign tech companies are exploring Toronto and other tech hubs in Canada, and are finding value in their money. Salaries in such areas cost half of the pay workers ...