SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Cisco Systems, Inc. (CSCO) -- Ignore unavailable to you. Want to Upgrade?


To: RetiredNow who wrote (66771)12/22/2004 11:00:12 AM
From: Elroy  Read Replies (2) | Respond to of 77397
 
I checked into one of the manager positions and they will pay for all relocation costs, will give you a housing stipend over and above your salary for 2 years after arrival, pay for all language skills classes, and your salary won't be cut to move there. The assignment was for 2 years. That's a pretty decent deal.

The above says to me your company can't find local qualified engineers in China, so they need to pay expats to move there. That contradicts the idea that India and China are turning out engineers at a rate of ten to the West's one.

And I don't think there is much to stop the deflation of US wages for a long time. Americans get paid too much to do what someone from another country can and will do for 1/5th the salary. That's just a natural affect of China and India populations entering the world's labor market. But I also don't think its a disaster, the end result is that prices for things will come down (because labor cost will be lower).



To: RetiredNow who wrote (66771)12/22/2004 11:50:54 AM
From: Lizzie Tudor  Read Replies (1) | Respond to of 77397
 
If all the growth opportunity is in China and not in the U.S., don't you think we have a problem? All those high paying salaries are not being spent here in the U.S. Instead, they are being spent in China, which is further fueling their virtuous growth cycle. This is serious business and it's not going away anytime in the next few decades. It is only going to get worse.

Is this a fairly new revelation for you? I have been concerned about this for years, as you know, but then I am in engineering management.

The problem I have with all of this is that without a helping hand from the US, mainly in the form of visas and tax incentives and other benes the business lobbies favor, Chinese and Indian engineers would not be favored over US engineers, regardless of cost, mainly because the domain knowledge we have here is where the real value lies. But in the current environment, that domain knowledge is being given away. So for example in your US engineering manager that speaks mandarin position- the underlings of this manager in China are being treated the same way I was back in 89 timeframe- where I went on to become a leader HERE- in the USA- all we are doing is training our future competition.