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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: get shorty who wrote (8060)1/12/2003 3:31:25 AM
From: put2richRead Replies (1) of 306849
 
<I'll take the opposite side of that argument. I believe the executives thought there had to be some kind of alternative to paying a newly graduated PhD, $100K plus a $15k sign-on bonus, to start. How long do you think US companies remain globally competitive with pay structured like that?>
I don't think newly graduated PhD get $100K plus salary, even in bubble time in the Silly Valley. Also you should ask why American CEO, CFO salaries which are several times more than their peers in Europe or Japan.

Engineer salaries are relatively higher than other professionals (except lawyers, doctors, and even independent paralegals) but they are regularly laid-off, and some have a short career in engineering. I know most H1Bs are a fraud with a fake high qualifications and dirt cheap pay in the ad. You read it and you know right away what the ad meant.

I am also an engineer with excellent degree in Mechanical, and competence in software, but it is hard to find any meaningful technical job now. While I saw all cheaters in Real Estate and paralegal services get rich beyond immagination!
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