wow. didnt think it was anything like that. the minimum wage in the uk is £5.50 per hour which in USD is $11.
$60 per month. WTF that is LOW. I mean come on really poor countries like Albania have average pay of $150/month!
60$ a month is just a myth.. Maybe thats what people get paid in rural areas or that what sweepers get paid. I run a small it outsourcing and bpo unit and we take guys with little/no skills and no formal education for upto 150$ a month.
a decent meal for .25 cents? I spend $4.84 cents on lunch everyday, not to mention a couple of pops from the pop machine, which are a dollar each, then a pack of cigarettes is almost 6 bucks, driving to work is 20 miles each way and gas is like $3.15 a gallon now, and my car only gets 15 miles to the gallon.
Thats India for you my dear friend. Cheaper Wages = Cheaper Cost of Living. And btw, i dont think you can get a decent meal at 0.25 cents, maybe for 50 cents
Again a myth. Income of IT Professionals here is nowhere near what they pay the americans. The reason why it companies outsource here is because of lower wages, if they wanted to pay more they would rather hire an american or australian IMO
We had a contract with one of the largest registrar based out of USA for several years and they used to pay $3000 for 10 Reps. and the Reps. used to get $200/month for 8 hours job. That means $7/day ( $0.90/hour ) I kept things rolling for 4 years just cause it gave those poors a job and the company was not that troublesome for that amount!
Well Indians provide better qaulity on lower wages that's the reason of outsourcing India but now there are 60000 IT proffesional come back in India because of great job offer and big effect of this surly see on Silicon Vally.
Going by trends and standards, its just for the cost effectiveness that job's are outsourced to indian shores. The number of people who return to india is still only 50% of the number of people who leave the country to foreign lands . Silicon Valley will never see a BIG effect due to outsourcing. Outsourcing is just making a few indians rich and its making the American Bosses richer.
The very best place to work is Luxembourg (Where the hell is it GNI per capita: US $65,630 (World Bank, 2006) Regards Thibaut
Yeah but India is no going more stronger in It and BPO where people get high salary and future of both in India is bright.
I pay my Indian dataentry people $250/month, fulltime work. and both parties are happy with this arrangement.
have you considered setting aside a small percentage of your profits as payment bonus, (think of it as morale boosting, and employe loayalty insurance (things are getting better in india sooner they will expecting a better pay) )
That's true..... salaries are going up fast, prices are going up fast (6% inflation), Indian rupee is going up fast..