4min chapter

Fintech Insider Podcast by 11:FS cover image

698. News: How Apple Card cost Goldman Sachs billions

Fintech Insider Podcast by 11:FS

CHAPTER

Offshore Development Is a Good Thing Um

Arina: I think you know this is a fantastic trend because ultimately you create more competition it drives up those programming salaries that often these companies almost arbitrage on salaries right by going offshore. David: There's a massive potential for those talented engineers to then go found startups of their own within their own home countries with those labels from kind of successful Western startups behind them. The average annual salary for a senior developer in the US is around about a hundred and fifty thousand dollars how that compares in Mexico closer to about seventy thousand dollars and and Argentina it's around about thirty eight thousand dollars so actually we are talking about quite substantial differences.

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