The 2009 EE Times Global Salary & Opinion Survey found that salary increases for engineers in India and China have climbed over the past five years, and the rate of increase has topped that of their European, Japanese, and North American counterparts.
Competition for skilled engineers in China and India has intensified over the past 10 years as hardware and software firms have stepped up the transfer of manufacturing and design operations from Western sites to less expensive parts of the world. Both China and India are churning out thousands of new engineers each year, but high demand is causing many positions to go unfilled, forcing companies to turn to their rivals for talent.
Still, many Chinese and Indian engineers are continuing to earn significantly less than their equivalents elsewhere, which is creating friction between employers and employees. Many engineers in India and China polled in the salary survey said that their current compensation packages are not adequate or equitable with their foreign counterparts' compensation. Fifty-six percent of Chinese respondents and 61 percent of Indian respondents said that they earn "less than others in the field with the same qualifications and work experience" — a concern echoed by only 44 percent and 34 percent of European and North American respondents, respectively.
From EE Times
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Abstracts Copyright © 2009 Information Inc., Bethesda, Maryland, USA
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