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Strategies & Market Trends : Waiting for the big Kahuna

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To: Investor-ex! who wrote (17323)	4/25/1998 11:28:00 PM
From: ratan lal	Read Replies (2) of 94695

Investor-ex When I started working in 1968 for RCA (R&D) my salary with MSEE was $11,000. And engineers who had 25 years with RCA were being paid $17,000 and treated poorly for their skills were worse than mine. Basically RCA and all cos. prefer to hire younger graduates with current knowledge, skills and vitality. You may disagree but I happen to believe that cos. should have that right. Of course the sociologists would have to come up with a solution for the older unemployed. I swore there and then that I would never be in that position. So if your average salary of 50-70 K after many years of experience includes all those people, then you may be right. BUT the younger kids are getting salaries much higher than that. And if they are not getting higher salaries, then the companies have a valid complaint of shortage because a programmer from India, China etc can get a job for over $55K with 1-years experience and phone interview only. And the job offer is from job shops who make at least 30% on the salary. ratan

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