Engineering Shortage Persists
India still holds sway in software
Rick Merritt, CTO, Radfan
6/8/2015 05:09 PM EDT
Lower engineering salaries means managers should brace themselves for the revolving door, especially when 3-7-year itch kicks in.
“Engineers are impossible to find,” says Frank Kern. He should know, as chief executive of product engineering firm Aricent he employs 11,000 software developers.
To make his case, Kern uses an example from a recent trip to Rensselaer Polytechnic to attend the graduation of his nephew. The young engineer had nine job offers; he accepted one from Tesla.
One of his nephew’s fellow grads at RPI was a student from Chennai, India who had ten offers and took one from Exxon. Both grads will start off making something north of $70,000 a year. That’s a far cry from the $6,000-$10,000 starting salaries for engineers working in India, Kern notes.
E-mail This Article | Printer-Friendly Page |
Related News
- Siemens strengthens leadership in industrial software and AI with acquisition of Altair Engineering
- Logic Fruit Technologies Welcomes Mr. Gurudutt (GD) Bansal as Senior Vice President Engineering
- CoreHW and Presto Engineering Announce Ground-breaking Collaboration to Advance Global Penetration of Ultra-low-power RF IoT Devices
- PrimisAI Unveils Premium Version of RapidGPT, Redefining Hardware Engineering
- Analog Bits Expands Engineering Presence by Opening a Design Center in Europe
Breaking News
- Jury is out in the Arm vs Qualcomm trial
- Ceva Seeks To Exploit Synergies in Portfolio with Nano NPU
- Synopsys Responds to U.K. Competition and Markets Authority's Phase 1 Announcement Regarding Ansys Acquisition
- Alphawave Semi Scales UCIe™ to 64 Gbps Enabling >20 Tbps/mm Bandwidth Density for Die-to-Die Chiplet Connectivity
- RaiderChip Hardware NPU adds Falcon-3 LLM to its supported AI models