"I spent most of my career in the oil & gas and chemical industry. If you looked at any chemistry or chemical engineering journal you'd see these job advertisements for a Ph.D. with 15 years experience, salary $35,000/yr. when most Fortune 500 companies were paying $100,000 or more for someone with those skills. Why would they waste their time advertising such a job? If you can show you received no responsive resumes to the job posting, they'll give you a visa to bring in your Indian or Chinese cousin at the bargain salary advertised."At least 30 years.In the EE field, companies would advertise for MSEE degrees, with narrow focus in one specialty.....for five thousand less than the average salary. Then they'd bring in H1Bs....pay them 5000 less..and even worse..they'd work 'em to death, knowing they could not change jobs...if they lost their job they'd lose their green card...and companies did not raid others for H1B folks....it took six months if you wanted to change from one employer to another - loads of red tape..and the guy might be deported in the mean time. So they'd work 'em 60 hours a week, then use that to so everyone else that they too should be working 60 hours a week if they wanted to keep their jobs and not be replaced by a foreign worker. I usually wound up in jobs that required a broad background of skills so my job wasn't easily replaceable...but I saw it happen time and time again...About half of the H1B engineers could solve any text book problem you threw at them, but were totally lost on real world problems when you had to take other constraints into account. Like they could design the world's greatest radio...but you ask them, hey, does the FCC allow you to use that wide a modulation format in any frequency band...they say, duh!..that wasn't a part of the problem they were given, and after six months of work, it all went down the drain.... t
Best Of |
Favorites & Replies |
Start a New Board |
My Fool |
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar. Earnings Estimates, Analyst Ra