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
- General use, integer-N 4GHz Hybrid Phase Locked Loop on TSMC 28HPC
- JPEG XL Encoder
- LPDDR6/5X/5 PHY V2 - Intel 18A-P
- ML-KEM Key Encapsulation & ML-DSA Digital Signature Engine
- MIPI SoundWire I3S Peripheral IP
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
- QuickLogic eFPGA Hard IP Selected by Chipus for 12 nm High Performance Data Center ASIC
- TTTECH releases 10 Gbit TSN-End Point IP Integration Kit to enable rapid TSN adoption in mission-critical applications
- Quintauris and IAR Join Forces to Advance Functional Safety Software for RISC-V Automotive Real-time Applications
- Ceva Announces Commencement of Underwritten Public Offering of Common Stock
- Access Advance Welcomes Xiaomi to HEVC Advance and VVC Advance Patent Pools as a Licensor and Licensee