Hiring staff in India may not be worth it
venturebeat.com
venturebeat.com
Here's the one left by Srini Ramakrishnan "Companies looking for top talent can't also afford to enjoy the advantages of cost arbitrage. If you are truly looking for top talent, you hire the best you can find, where ever they are. They will always have the option to relocate to the US or similar wage band country, and hence they aren't going to come cheap.
What works for code factories doesn't necessarily apply for boutique product companies."
I think that sums it up pretty well
In Bangalore, IT salaries range from $200 per month to $2K per month. So how can they be 75% of Valley salaries?
The real truth is - the good engineers prefer to work for the branded companies. InfoSys, Wipro, Google, Microsoft.
Everyone else may join a startup for a short while, with the hope of leveraging a good job at the branded companies.
He is not making it up. He is talking about the best engineers that he could recruit for his startup in India.
I too, am tempted to blame my failures on someone or something else.
But yes, this is about 15-20 % of a valley salary, not 75 % so you do have a point.
So basically, their salaries will continue to rise until they are in parity with similarly skilled Americans.