Today we offered jobs to two consultants from Mumbai, both aged under 26, one of whom had three years experience, one a single year. We gave both of them offers at above $6,000/month with a generous bonus and incentives scheme. Both of them turned us down without a second thought.
Actually, that’s not quite true. One of them thought about it, and then said if we would write a bonus equivalent to eight months salary into the contract, he would consider condescending to mention the offer to his girlfriend.
It sounds a little like bitching, but actually, this is fabulous. Salaries in India are rising so astronomically that the software developer and the outsourcing types are already trawling around the region like a bunch of big ol’ flirts. Right now, we’re hitting Sri Lanka, Pakistan, North Africa, and more than anywhere, the Philippines. As economies are liberalized and protectionist barriers broken down, brilliant and qualified people are finally, finally! being given a break, and bloody hell, watch them go.
Emerging markets totally heart Adam Smith.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment