Saturday, July 16, 2005

Are tech companies short-sighted?

Technology companies reduced entry level salaries to well below what we thought was threshold limit of an engineer's salary. I personally know many who expressed concern over the reduction.
Are the tech companies doing it right? How will this strategy of taking advantage of the increase in supply impact short and long term supply of this industry?

are tech cos that reduced entry level engineer's salaries to sub 15K levels overkilling the opportunity that free markets gave them? Is there any "ethics" involved in this?

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