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.
To read the full article, click here
Related Semiconductor IP
- UCIe D2D Adapter & PHY Integrated IP
- Low Dropout (LDO) Regulator
- 16-Bit xSPI PSRAM PHY
- ASIL B Compliant MIPI CSI-2 CSE2 Security Module
- SHA-256 Secure Hash Algorithm IP Core
Related News
- Interview: Rambus' chairman looks to the future -- Geoff Tate discusses shortage of U.S. engineers, market opportunities and demand from chipmakers
- Dolphin Integration's Panoply of Memories and Standard Cell Libraries for easing the fabrication capacity shortage
- Report: UMC benefits from TSMC 28-nm supply shortage
- TSMC profit soars despite 28-nm supply shortage
Latest News
- Lattice Collaborates with TI to Accelerate Edge AI for Robotics and Industrial Applications
- Alchip Appoints Freddy Engineer Chief Business Officer and North America General Manager
- Perceptia Devices and Dolphin Semiconductor Partner to Deliver Best-in-Class IP Portfolio Covering Power Management, Clocking, High-Quality Audio and In-Situ Monitoring
- TSMC Chases Soaring AI Demand
- EU DARE Project Is Scrambling to Replace Codasip