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Engineers salary in america tries to compete with Indian salary

 
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Lou Dobb's Moneyline just reported that a masters degree with two
years of experience can typically make $12,000/yr. while an MBA out
of Harvard will EXPECT to make $100,000+/yr. Engineers are at
approximately $5,800/yr. in India.
Meanwhile, more H-1B VISAS are being approved daily to allow more
into the country while the corporations keep exporting jobs the other
direction at the same time!
Welcome to the future of high technology. And there's NOTHING that
the UNIONS can do to stop it. INDEED, they helped create the damn
situation in the first place!
Consider:
http://www.worldnetdaily.com/news/article.asp?ARTICLE_ID=32789
 
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Hi,
Is normally Lou Dobb known what is he talking about? The post give the impression that Lou Dobb comparing about apple and orange.
Just my two cents,
MCao
 
Matt Cao
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Opps,
I meant comparing between apple and orange.
MCao
 
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Engineer with masters degree and 2 years of experience makes 12,000 USD/Year sounds unbelievable. :roll: I tend to agree with Matt here.
BTW, can someone with masters degree and similar experience can quote the figure. I believe it should be around 60K/year. Also, I could not locate the figures you mentioned (12K/yr for engineer and 100K/yr for Harvard MBA) in the link you gave. Have you quoted them from some other article?
- Manav
 
Manav Mitra
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Originally posted by Charles Hickman:
Lou Dobb's Moneyline just reported that a masters degree with two
years of experience can typically make $12,000/yr. while an MBA out
of Harvard will EXPECT to make $100,000+/yr. Engineers are at
approximately $5,800/yr. in India.
<snip>
Consider:
http://www.worldnetdaily.com/news/article.asp?ARTICLE_ID=32789


Well, just got this link from another post here, it says a person with 1-2 years experience can get about 58K, more for a person with 2+ years experience. 12K/year is too low to be true!
http://www.justjavajobs.com/JSSalarySurveyResults.asp?YEAR=2003
- Manav
 
Charles Hickman
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I think the $12,000 per year is either completely off or maybe it is refering to people with Masters degree's in India. Consider this:
$12,000 per year
2,000 hours worked per year (40 hour week)
$6.00 per hour.
$5.15 per hour is minimum wage.
BULL!!
No way Engineers in the U.S. are making that little. This guy must be seriously playing with his statistics.
Jon
 
Charles Hickman
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Jon see the article I have posted.
 
Jon McDonald
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Originally posted by Charles Hickman:
Jon see the article I have posted.


Thanks Charles for the article. That clears things up. The woman stated that a person graduating with an MBA from the Indian Institute of Technology and 2 years experience gets $12,000 per year, While the Harvard MBA gets $100,000 per year. That makes sense.
However, I don't think the the Harvard MBA has anything to worry about. The IIT graduate is not his competition. Now, someone who got their MBA from "No Name State University" MAY have something to worry about. Perhaps the $45,000 a year he expects might be chipped away at by the IIT graduate. What are your thoughts?
Jon
 
Manav Mitra
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The IITs are well-known for their techniocal education and though few of them do offer MBA degrees, IIMs are much better for MBA education. I personally think that in management experience and maturity are far more important in determining the salary, besides the education.
An IIT grad might get 12K USD here in India as a fresher, but if he's in US, I doubt if he/she wold settle for anything less than 75K.
 
Manav Mitra
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But in this case you are indeed comparing apples with oranges.
 
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