Davis agreed the quality of education is good in Canada universities, but students are less aggressive (I would say hungry) than in the U.S. He studied in a lesser-known college in Canada. His (and classmates’) salary grew but remained much lower than in U.S. even in pre-tax.
I feel U.S. pays high salary to software engineers. Canada may not.
(Same can be said about U.K. and France.)
Davis said “no investment banking jobs” (Same can be said about Australia.)
He gave examples to show — job opportunities are much fewer there.
(Same can be said about Australia.)
U.S. college graduates can find internships + job in the U.S., but Canadian college grads can’t so they usually work in Canada, with much lower salaries. Like in other countries, only a minority can break into more lucrative job markets overseas. There’s clearly an invisible barrier between Canada and U.S. job market. I thought there was none. Now I think the barrier is visa —
Canadian graduates need visa to work in U.S. TN is usable but still employers need extra legwork. Overall, Davis perceives a real barrier of entry. In 2016 I experienced something similar — Beyond the heavy door there’s a land of lucrative job opportunities. I wrote a blogpost about it.
- I overestimated the “level playing ground” in U.S. job market. In reality, local candidates have an advantage bigger than I assumed.
- I tend to overestimate my (or my kids’) raw talent. Without extraordinary talent we can kill the interview but we are not so extraordinary.
- I underestimated the entry barrier.
- Best example — I can see the advantage of Wall St as a job market relative to London (per Ram) and Singapore. Even a mediocre java guy can earn 150k. However, so many competent techies in Asia experience many obstacles when they try to break into Wall St. Most of them don’t bother to try.