Yes and No
August 25, 2008 | Owings Mills, Maryland | Vetting explained
Seven years ago I was starting a new job as a Software QA Engineer with Compaq Computers. Three years later, my job went to India without me. No matter how much more training I had, it is hard to imagine that I would have kept that job since the engineer in India had a salary that was only 1/3 of my own. This is the brutal fact of globalization. Everyone who loses their jobs lost them not because they were inefficient workers, but because the cost of labor overseas is only a fraction of our own. How is this possible? Because their cost of living is a fraction of our own. How do we compete against their cost of living? Now I have gone to graduate school and work in a completely different industry. I almost earn the same amount of money as I did before I was laid-off, but now I have a school loan I have to pay off. I am happy, but financially worse off.
- Posted in Assignment:
- Are you better off?
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