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
- Multi-channel Ultra Ethernet TSS Transform Engine
- Configurable CPU tailored precisely to your needs
- Ultra high-performance low-power ADC
- HiFi iQ DSP
- CXL 4 Verification 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
- ASICLAND Partners with Daegu Metropolitan City to Advance Demonstration and Commercialization of Korean AI Semiconductors
- SEALSQ and Lattice Collaborate to Deliver Unified TPM-FPGA Architecture for Post-Quantum Security
- SEMIFIVE Partners with Niobium to Develop FHE Accelerator, Driving U.S. Market Expansion
- TASKING Delivers Advanced Worst-Case Timing Coupling Analysis and Mitigation for Multicore Designs
- Efficient Computer Raises $60 Million to Advance Energy-Efficient General-Purpose Processors for AI