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Politics : Formerly About Advanced Micro Devices

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To: tejek who wrote (316301)12/19/2006 2:44:56 AM
From: Elroy  Read Replies (1) of 1574489
 
In fact, upper mgmt. salaries have been growing by leaps and bounds. I don't understand why globalization is not effecting their salaries.

The new entrants in the global economy are primarily low end laborers, not upper management types. But who knows, maybe in 30-60 years there will be pressure on upper management salaries as China and India are able to provide loads of experienced Executive VP level employees for $60k per year? It doesn't seem that unlikely. Somebody in India is managing people now, 50 years from now there will be hundreds of thousands of experienced senior management staff, so IBM will employ them for $60k rather than some guy in Armonk, New York for $260k?
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