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August 2, 2008 at 4:14 PM #250885August 2, 2008 at 6:30 PM #251136EugeneParticipant
[quote]Diane Morello, Research Director and VP at Gartner, Inc., estimates that “based on her preliminary calculations, at least 500,000 jobs will be lost to offshore outsourcing by the end of 2004.” Her company report also dimly states, “one out of 10 jobs in the US computer services and software sector could move overseas by the end of next year”. Furthermore, the study indicates that “while professionals in the computer industry will be especially hard-hit, IT jobs in other sectors such as banking, health-care, and insurance will also feel the impact, with one in 20 being exported to emerging markets such as Russia, India, or other countries in Southeast Asia.[/quote]
– dated 2003.
In reality, H1B visas are tightly rationed, to such an extent that the entire quota of H1B visas for a year is typically filled in a week. Outsourcing and offshoring is becoming increasingly less of a problem, because of a weakening dollar and strong economic growth in China, India and Russia. I think we have a few Indian and Chinese engineers here. Maybe they can tell us what the typical IT salary was in Bangalore (or Shanghai) in 1999 and what it is today.
August 2, 2008 at 6:30 PM #251144EugeneParticipant[quote]Diane Morello, Research Director and VP at Gartner, Inc., estimates that “based on her preliminary calculations, at least 500,000 jobs will be lost to offshore outsourcing by the end of 2004.” Her company report also dimly states, “one out of 10 jobs in the US computer services and software sector could move overseas by the end of next year”. Furthermore, the study indicates that “while professionals in the computer industry will be especially hard-hit, IT jobs in other sectors such as banking, health-care, and insurance will also feel the impact, with one in 20 being exported to emerging markets such as Russia, India, or other countries in Southeast Asia.[/quote]
– dated 2003.
In reality, H1B visas are tightly rationed, to such an extent that the entire quota of H1B visas for a year is typically filled in a week. Outsourcing and offshoring is becoming increasingly less of a problem, because of a weakening dollar and strong economic growth in China, India and Russia. I think we have a few Indian and Chinese engineers here. Maybe they can tell us what the typical IT salary was in Bangalore (or Shanghai) in 1999 and what it is today.
August 2, 2008 at 6:30 PM #250914EugeneParticipant[quote]Diane Morello, Research Director and VP at Gartner, Inc., estimates that “based on her preliminary calculations, at least 500,000 jobs will be lost to offshore outsourcing by the end of 2004.” Her company report also dimly states, “one out of 10 jobs in the US computer services and software sector could move overseas by the end of next year”. Furthermore, the study indicates that “while professionals in the computer industry will be especially hard-hit, IT jobs in other sectors such as banking, health-care, and insurance will also feel the impact, with one in 20 being exported to emerging markets such as Russia, India, or other countries in Southeast Asia.[/quote]
– dated 2003.
In reality, H1B visas are tightly rationed, to such an extent that the entire quota of H1B visas for a year is typically filled in a week. Outsourcing and offshoring is becoming increasingly less of a problem, because of a weakening dollar and strong economic growth in China, India and Russia. I think we have a few Indian and Chinese engineers here. Maybe they can tell us what the typical IT salary was in Bangalore (or Shanghai) in 1999 and what it is today.
August 2, 2008 at 6:30 PM #251080EugeneParticipant[quote]Diane Morello, Research Director and VP at Gartner, Inc., estimates that “based on her preliminary calculations, at least 500,000 jobs will be lost to offshore outsourcing by the end of 2004.” Her company report also dimly states, “one out of 10 jobs in the US computer services and software sector could move overseas by the end of next year”. Furthermore, the study indicates that “while professionals in the computer industry will be especially hard-hit, IT jobs in other sectors such as banking, health-care, and insurance will also feel the impact, with one in 20 being exported to emerging markets such as Russia, India, or other countries in Southeast Asia.[/quote]
– dated 2003.
In reality, H1B visas are tightly rationed, to such an extent that the entire quota of H1B visas for a year is typically filled in a week. Outsourcing and offshoring is becoming increasingly less of a problem, because of a weakening dollar and strong economic growth in China, India and Russia. I think we have a few Indian and Chinese engineers here. Maybe they can tell us what the typical IT salary was in Bangalore (or Shanghai) in 1999 and what it is today.
August 2, 2008 at 6:30 PM #251072EugeneParticipant[quote]Diane Morello, Research Director and VP at Gartner, Inc., estimates that “based on her preliminary calculations, at least 500,000 jobs will be lost to offshore outsourcing by the end of 2004.” Her company report also dimly states, “one out of 10 jobs in the US computer services and software sector could move overseas by the end of next year”. Furthermore, the study indicates that “while professionals in the computer industry will be especially hard-hit, IT jobs in other sectors such as banking, health-care, and insurance will also feel the impact, with one in 20 being exported to emerging markets such as Russia, India, or other countries in Southeast Asia.[/quote]
– dated 2003.
In reality, H1B visas are tightly rationed, to such an extent that the entire quota of H1B visas for a year is typically filled in a week. Outsourcing and offshoring is becoming increasingly less of a problem, because of a weakening dollar and strong economic growth in China, India and Russia. I think we have a few Indian and Chinese engineers here. Maybe they can tell us what the typical IT salary was in Bangalore (or Shanghai) in 1999 and what it is today.
August 2, 2008 at 8:31 PM #251091kev374ParticipantAge discrimination? I know plenty of folks in their mid 40s with no problems finding work in IT. People with current skills are required regardless of age.
For new grads it is virtually impossible to get jobs since those have been shipped to India. I know in our company there are zero entry level IT jobs and we have a HUGE IT workforce.
I believe IT salary inflation in Bangalore is about 15% a year but inflation in general in India is touching 13% now. And the recent bomb blasts in Bangalore and Ahmedabad remind us that it is still a politically volatile region.
Offshoring in general has been exaggerated as a problem since a ton of work that needs to be done just cannot be sent overseas due to the time to market requirements of business. The real threat is the L1 visa since it allows unregulated import of cheap labor to work onsite here in the US.
Many of these L1 workers are paid about $15/hr for all their expenses. They live 3 or 4 in a 1 bedroom, ride the bus and diet to save money. The Indian company does not have to follow any of the US labor laws under L1 and the American company just looks the other way since they don’t want to know. This L1 visa should be either radically changed or banned.
I also think the H1 cap should be lifted to allow unlimited numbers BUT both the H1 and L1 visa should have a clause that requires the salaries paid under these categories to be 15% higher than that paid to a US worker. This will ensure that American companies will have access to the brightest and the best talent in the world. If they are indeed the brightest and the best as the American companies claim then they will glady pay the premium for the talent π
August 2, 2008 at 8:31 PM #251164kev374ParticipantAge discrimination? I know plenty of folks in their mid 40s with no problems finding work in IT. People with current skills are required regardless of age.
For new grads it is virtually impossible to get jobs since those have been shipped to India. I know in our company there are zero entry level IT jobs and we have a HUGE IT workforce.
I believe IT salary inflation in Bangalore is about 15% a year but inflation in general in India is touching 13% now. And the recent bomb blasts in Bangalore and Ahmedabad remind us that it is still a politically volatile region.
Offshoring in general has been exaggerated as a problem since a ton of work that needs to be done just cannot be sent overseas due to the time to market requirements of business. The real threat is the L1 visa since it allows unregulated import of cheap labor to work onsite here in the US.
Many of these L1 workers are paid about $15/hr for all their expenses. They live 3 or 4 in a 1 bedroom, ride the bus and diet to save money. The Indian company does not have to follow any of the US labor laws under L1 and the American company just looks the other way since they don’t want to know. This L1 visa should be either radically changed or banned.
I also think the H1 cap should be lifted to allow unlimited numbers BUT both the H1 and L1 visa should have a clause that requires the salaries paid under these categories to be 15% higher than that paid to a US worker. This will ensure that American companies will have access to the brightest and the best talent in the world. If they are indeed the brightest and the best as the American companies claim then they will glady pay the premium for the talent π
August 2, 2008 at 8:31 PM #251156kev374ParticipantAge discrimination? I know plenty of folks in their mid 40s with no problems finding work in IT. People with current skills are required regardless of age.
For new grads it is virtually impossible to get jobs since those have been shipped to India. I know in our company there are zero entry level IT jobs and we have a HUGE IT workforce.
I believe IT salary inflation in Bangalore is about 15% a year but inflation in general in India is touching 13% now. And the recent bomb blasts in Bangalore and Ahmedabad remind us that it is still a politically volatile region.
Offshoring in general has been exaggerated as a problem since a ton of work that needs to be done just cannot be sent overseas due to the time to market requirements of business. The real threat is the L1 visa since it allows unregulated import of cheap labor to work onsite here in the US.
Many of these L1 workers are paid about $15/hr for all their expenses. They live 3 or 4 in a 1 bedroom, ride the bus and diet to save money. The Indian company does not have to follow any of the US labor laws under L1 and the American company just looks the other way since they don’t want to know. This L1 visa should be either radically changed or banned.
I also think the H1 cap should be lifted to allow unlimited numbers BUT both the H1 and L1 visa should have a clause that requires the salaries paid under these categories to be 15% higher than that paid to a US worker. This will ensure that American companies will have access to the brightest and the best talent in the world. If they are indeed the brightest and the best as the American companies claim then they will glady pay the premium for the talent π
August 2, 2008 at 8:31 PM #250933kev374ParticipantAge discrimination? I know plenty of folks in their mid 40s with no problems finding work in IT. People with current skills are required regardless of age.
For new grads it is virtually impossible to get jobs since those have been shipped to India. I know in our company there are zero entry level IT jobs and we have a HUGE IT workforce.
I believe IT salary inflation in Bangalore is about 15% a year but inflation in general in India is touching 13% now. And the recent bomb blasts in Bangalore and Ahmedabad remind us that it is still a politically volatile region.
Offshoring in general has been exaggerated as a problem since a ton of work that needs to be done just cannot be sent overseas due to the time to market requirements of business. The real threat is the L1 visa since it allows unregulated import of cheap labor to work onsite here in the US.
Many of these L1 workers are paid about $15/hr for all their expenses. They live 3 or 4 in a 1 bedroom, ride the bus and diet to save money. The Indian company does not have to follow any of the US labor laws under L1 and the American company just looks the other way since they don’t want to know. This L1 visa should be either radically changed or banned.
I also think the H1 cap should be lifted to allow unlimited numbers BUT both the H1 and L1 visa should have a clause that requires the salaries paid under these categories to be 15% higher than that paid to a US worker. This will ensure that American companies will have access to the brightest and the best talent in the world. If they are indeed the brightest and the best as the American companies claim then they will glady pay the premium for the talent π
August 2, 2008 at 8:31 PM #251099kev374ParticipantAge discrimination? I know plenty of folks in their mid 40s with no problems finding work in IT. People with current skills are required regardless of age.
For new grads it is virtually impossible to get jobs since those have been shipped to India. I know in our company there are zero entry level IT jobs and we have a HUGE IT workforce.
I believe IT salary inflation in Bangalore is about 15% a year but inflation in general in India is touching 13% now. And the recent bomb blasts in Bangalore and Ahmedabad remind us that it is still a politically volatile region.
Offshoring in general has been exaggerated as a problem since a ton of work that needs to be done just cannot be sent overseas due to the time to market requirements of business. The real threat is the L1 visa since it allows unregulated import of cheap labor to work onsite here in the US.
Many of these L1 workers are paid about $15/hr for all their expenses. They live 3 or 4 in a 1 bedroom, ride the bus and diet to save money. The Indian company does not have to follow any of the US labor laws under L1 and the American company just looks the other way since they don’t want to know. This L1 visa should be either radically changed or banned.
I also think the H1 cap should be lifted to allow unlimited numbers BUT both the H1 and L1 visa should have a clause that requires the salaries paid under these categories to be 15% higher than that paid to a US worker. This will ensure that American companies will have access to the brightest and the best talent in the world. If they are indeed the brightest and the best as the American companies claim then they will glady pay the premium for the talent π
August 2, 2008 at 10:21 PM #251134RaybyrnesParticipantThe way I see it , if you know IT, and can relate it to operational process and have a little sales in you , you have a substantial opportunity to profit from IT spending. Contracts that go offshore start here. For those who can figure out how to get them they will reep healthy profits. My suggtestion is to start a DVB and figure out the contracting angle.
August 2, 2008 at 10:21 PM #250968RaybyrnesParticipantThe way I see it , if you know IT, and can relate it to operational process and have a little sales in you , you have a substantial opportunity to profit from IT spending. Contracts that go offshore start here. For those who can figure out how to get them they will reep healthy profits. My suggtestion is to start a DVB and figure out the contracting angle.
August 2, 2008 at 10:21 PM #251127RaybyrnesParticipantThe way I see it , if you know IT, and can relate it to operational process and have a little sales in you , you have a substantial opportunity to profit from IT spending. Contracts that go offshore start here. For those who can figure out how to get them they will reep healthy profits. My suggtestion is to start a DVB and figure out the contracting angle.
August 2, 2008 at 10:21 PM #251191RaybyrnesParticipantThe way I see it , if you know IT, and can relate it to operational process and have a little sales in you , you have a substantial opportunity to profit from IT spending. Contracts that go offshore start here. For those who can figure out how to get them they will reep healthy profits. My suggtestion is to start a DVB and figure out the contracting angle.
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