Funny, I would consider you to be a senior engineer at this point. Near as I can tell you are still developing?
That sadly tells me that people like you are on the way out. BUT, I believe there is an alternative as old as our world. It is called the Master / Apprentice Relationship. Perhaps to understand why many of our projects fail, we should revisit that relationship? But there is another point we should consider about your statement. For many of us, our retirement will be funded by selling our company,and/or home. If we put the people making 80 - 120 K out of work by sending their work to a cheaper country, and we figure that they can afford 30% of their salary in a mortgage or rent payment, we find that they can afford up to about 4,000 per month in a house payment (most will be in the 1,600 to 2,400 range) Now if we figure that the new kid on the block can afford 20,000 per year in rent or mortgage (30% of gross salary) What will this do to those that want to sell their business or home to fund their retirement. I ask this question because I have run across a lot of small business owners that are successful that want to retire and can't because nobody can afford their business from a era where wages were 120K and they are now half that, or lower. My only point from entering this discussion is to get people to think much farther into the future, rather than just discussing the now. -----Original Message----- From: ProFox [mailto:[email protected]] On Behalf Of Stephen Russell Sent: Wednesday, April 24, 2013 8:38 AM To: ProFox Email List Subject: Re: [NF] The Tech Industry's Darkest Secret: It's All About Age On Wed, Apr 24, 2013 at 7:05 AM, Virgil Bierschwale <[email protected]>wrote: > That is what we are told by the media. > > One of these days people are going to realize that the media is owned, > controlled, and shackled by six multinational corporations. > --------------------- Or your ability to have new killer ideas at a young age, act upon them and make change is easier than the non youth. You may come up with the new killer idea but the passion to make it through completion is not as strong as what the youth are capable of. Why? Seasoned workers know when an idea is going to get killed when run up the flagpole. The youth will do it anyway. Now back to the reality. Paying for a senior engineer with 20 years of experience is costing a firm 80-120 K a year + benefits. Grafting a new kid out of college can reduce that wage down to 40-60K and benefit costs are FAR LESS. New kid has little baggage where the seasoned worker may have a lot. -- Stephen Russell Sr. Analyst Ring Container Technology Oakland TN 901.246-0159 cell --- StripMime Report -- processed MIME parts --- multipart/alternative text/plain (text body -- kept) text/html --- [excessive quoting removed by server] _______________________________________________ Post Messages to: [email protected] Subscription Maintenance: http://mail.leafe.com/mailman/listinfo/profox OT-free version of this list: http://mail.leafe.com/mailman/listinfo/profoxtech Searchable Archive: http://leafe.com/archives/search/profox This message: http://leafe.com/archives/byMID/profox/[email protected] ** All postings, unless explicitly stated otherwise, are the opinions of the author, and do not constitute legal or medical advice. This statement is added to the messages for those lawyers who are too stupid to see the obvious.
