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by jellicle 3975 days ago
To hold down wages?

If there were any shortage, why are IT wages absolutely flat?

If there were any shortage, why the famous pickiness exhibited by every company in their interview process?

http://cis.org/no-stem-shortage

1 comments

They're not mutually exclusive.

If there is a shortage and companies go abroad to fill positions, they're technically 'holding down wages'. Otherwise wages would skyrocket into the atmosphere as more and more money chases the same few engineers. Less value would be produced at a higher cost.

I don't see why that would be a preferable situation for the industry or the country at large. Are you really struggling on your measly $100k + stock (at minimum) and desperately need more?