This is why people from 3rd world countries (or 2nd world whatever the fukk it is) are flooding up 1st world countries.
And big organizations are happy about it cause they can exploit immigrants.
In some regards I can see this. Immigrants do the most damage when they come in and settle for low pay.
However, that's why the work standard/culture for the industry is so vital to establish.
For example, the entire world over knows about insane tech salaries and ain't trying to take sucker pay when they come to America.
When a loudmouth American out there talking about $800k/year TC, everyone sees that. A lot of those subreddits and social media are actually full of people from those countries so they for sure see these posts. Many other Americans, especially Gen Zers get on those sites and take the opportunity to tell people not to settle for low pay so it pushes the price up. Basically got to give these CEOs no breathing room.
Indian (maybe Middle Eastern) dude we interviewed recently turned down our job because he wanted nothing less than $400k/year.
Unfortunately, the most somebody makes here is below that so we had to pass on a bright prospect.
It also explains why our company is down bad right now and can't attract good talent vs our competitors. CEO is going to have to realize he needs to open up that checkbook or it's over.
You see somebody like this, and they definitely going back to their country to tell them as well:
Hello tech blinders from India! I am moving back to India from US (April/May 2023 timeframe). I want to get into a team here in US and then transfer to India. Been interviewing and want to get an idea of how TC looks for experienced senior ICs in I...
www.teamblind.com
Tech industry is a great example of the youth pushing old people around and not settling for blind loyalty, office parties and those good old-fashioned "doo hickies and okie dokes". It's about "fukk you, pay me" and not settling.
Right now is a critical point where every industry needs to push for the same. Tech is taking people from other industries and creating vacuums so it's time for those industries to ask for more money because talent is getting thin.