Comment We should pay engineers adequately (Score 1) 321
As in, "Commensurate with experience, and aligned with the cost structure of the country in which the engineer lives."
But that's not how capitalism works, is it? Capitalism works like this:
1) A bean counter (i.e. 20-something MBA, whose inherited wealth background means, he/she doesn't know any specific business), comes in and says, "Your department is too expensive. The shareholders must be paid!"
2) The most expensive engineers are laid off. Coincidentally, these are the older, most experienced engineers (i.e. The only ones who are any good).
3) Productivity suffers. Profits go down.
4) Bean counter explains this away as technological change and increased overseas competion. Recommends outsourcing.
5) Outsourcing extends the death throes of the company by 2-5 years.
6) MBA has taken another job elsewhere at a healthy company, not yet infested with newly minted MBAs.