High tech company career path in Japan:-
Engineer -> senior engineer
High tech company career path in Europe:-
Engineer -> sales or management
If engineers in europe don't progress into sales , finance or management, they are considered failures.
In Japan, an engineer going into sales or finance is considered a sign of failure.
A good engineer in Japan always commands more respect and salary than some bean counter.
Until this cultural difference is overcome, young people will not become engineers anymore, and we will have to put up with a bunch of bean counters running our high tech indusrty.
Anyone who still thinks that is a good idea should take a look at how NXP is doing..
I think the contributors have made some good points, but we also have to live in the real world.
The fabbed and the fabless all want to employ twenty-something year old second or third jobbers with an excellent first degree and possibly a second degree. This is because they are dynamic, have a career to build, are flexible, willing to travel and stay away from home for days and even months at a time, and are about as low-cost as such people can be....First jobbers are less costly but need training in commercial ways which delays their contribution to the bottom line.
Securing labor at the best price possible is what companies do, so we should not be surprised.
Perhaps what the companies are saying is:
1) we don't do (much) training (or retraining).
2) we want these low-cost excellent enginers from wherever in the world we can find them.
3) There are lots in China, Taiwan and India.....and there are quite a few Chinese, Taiwanese and Indians making their ways through the European higher educational system.
Let me disagree with the author of the article and agree with Jerry88. If analog designers in Munich are so needed why don't they simply take to job hundreds of Qimonda Munich engineers with their expertise in high speed transceivers, PLL/DLL, PM, graphic applications, etc... who just became jobless in the recent weeks?
Here's another puff-piece about "shortage" of domestic talent or workers. The underlying motivation is to justify relaxing regulations on importation of lower-paid offshore workers from places like India (as mentioned in the article) rather than for employers to provide decent pay, reasonable job security and career advancement opportunities for their own domestic workers. What bright young person in their right mind would pursue a difficult, expensive education in engineering (in this case with analog focus) when these same companies who complain about a "shortage of talent" fire these same workers in mass numbers, ruthlessly eliminate experienced and higher paid "old" workers over the age of 30 or 35, while simultaneously importing hordes of lower-paid foreign workers from abroad? The brighter young people see the writing on the wall and are getting out of engineering to pursue more lucrative, rewarding careers in other areas. This whole thing is about nothing more than securing a larger supply of Cheap Labor.
The Other Tesla David Blaza5 comments I find myself going to Kickstarter and Indiegogo on a regular basis these days because they have become real innovation marketplaces. As far as I'm concerned, this is where a lot of cool ...