{"id":73,"date":"2005-07-08T09:02:43","date_gmt":"2005-07-08T15:02:43","guid":{"rendered":"https:\/\/www.roughtype.com\/wp\/?p=73"},"modified":"2005-07-08T09:02:43","modified_gmt":"2005-07-08T15:02:43","slug":"the_money_trail","status":"publish","type":"post","link":"https:\/\/www.roughtype.com\/?p=73","title":{"rendered":"The money trail"},"content":{"rendered":"

A News.com piece<\/a> links to an interesting report<\/a> from neoIT on the comparative costs of hiring IT workers in various countries. The salary numbers are striking. Here are average annual salaries (in U.S. dollars) for IT professionals with two to three years of experience:<\/p>\n

Vietnam: $5,404<\/p>\n

India: $8,429<\/p>\n

China: $8,799<\/p>\n

Thailand: $10,272<\/p>\n

Philippines: $10,256<\/p>\n

Romania: $13,856<\/p>\n

Brazil: $14,351<\/p>\n

Costa Rica: $18,242<\/p>\n

Russia: $18,503<\/p>\n

Mexico: $19,932<\/p>\n

Hungary: $22,211<\/p>\n

Poland: $26,028<\/p>\n

South Africa: $33,360<\/p>\n

Israel: $36,821<\/p>\n

Canada: $40,829<\/p>\n

Ireland: $51,963<\/p>\n

Wages are, of course, only one of the components of overall operating costs, but they’re by far the largest component, representing somewhere between 35% and 65% of total costs, according to the report. Wage inflation also tends to be highest in the cheapest countries, so current savings may evaporate over time as salary levels slowly converge. Still, with network technology making more professional work portable, it’s not hard to see the attraction of offshoring.<\/p>\n","protected":false},"excerpt":{"rendered":"

A new report underscores the vast differences in IT wages around the world – and shows why offshoring is no passing fad.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[1],"tags":[],"class_list":["post-73","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/www.roughtype.com\/index.php?rest_route=\/wp\/v2\/posts\/73","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.roughtype.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.roughtype.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.roughtype.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.roughtype.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=73"}],"version-history":[{"count":0,"href":"https:\/\/www.roughtype.com\/index.php?rest_route=\/wp\/v2\/posts\/73\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.roughtype.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=73"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.roughtype.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=73"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.roughtype.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=73"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}