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rich.pell
User Rank
Blogger
Re: Better Jobs? Where?
rich.pell   7/25/2013 9:36:27 PM
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Wall Street may or may not pay better, but it can offer problems to solve that can be as interesting and challenging as those in other industries.

alex_shurygin
User Rank
Freelancer
Re: Lets stop beating around the bush and face the truth squarely
alex_shurygin   7/25/2013 9:08:57 PM
do you have any specific suggestions?

The only way that comes to mind is what MD's have done: with board, licensing, exams, medical school quotas, etc.

They are doing fantastic.  Not sure their patients are, but who cares? :)

 

Mark in LA
User Rank
Manager
The NSF was used by the Reagan administration to create the big lie campaign of a shortage
Mark in LA   7/25/2013 8:38:03 PM
http://users.nber.org/~peat/PapersFolder/Papers/SG/NSF.html

 

Their sole purpose was to stop the big increases in engineering salaries happening in the 80s. If US universities are so bad, then why do foreign students flock to them? If US engineers are so bad then why isn't the US being left behind? Most of the time when US companies fell behind, like in the automotive industry in the 70s, it wasn't the engineers. It was the business school trained managers with degrees in finance who wanted things made cheaply and uniformly (cadillacs with chevy motors) to take advantage of "economies of scale". How did all those lousy US engineers produce so much of what we take for granted today in the electronics and software world? Did somebody just flick a switch and every US student became an idiot?

Mark in LA
User Rank
Manager
Re: US engineering grads are too risky to hire
Mark in LA   7/25/2013 8:24:44 PM
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Most of the work done by H-1Bs is not high level work requiring special talent. It is low level garbage like "software test". I know I did this work before I retired to stay employed after the defense blow out of the 1990s. Anybody with an AA degree in CS and some decent ability could do what I did and I had an MS. We hired plenty of H-1Bs, to do even less sophisticated work that never actually looked at the underlying hardware and stayed at the high level language level. 

Mark in LA
User Rank
Manager
Re: Better Jobs? Where?
Mark in LA   7/25/2013 8:18:14 PM
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In the 1990s the PhDs went to Wall Street becuase salaries for science and engineering talent had not kept pace with the rest of the business world and they could make far more money on Wall Street. Most engineers and scientists are not on the factory floor, they are in R&D labs or developing the prototypes that will be put into production. If the pay in engineering what was what it should be, they would still be at the company R&D facilities and not on Wall Street.

Mark in LA
User Rank
Manager
Re: Indentured servitude
Mark in LA   7/25/2013 8:13:40 PM
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In the real world of aquiring talent, 10K per employee is peanuts. The idea that 10K is such a large hurdle that keeps companies from hiring H-1Bs flies in the face of what recruitment costs are. What does it cost to relocate an employee from another part of the country? When I was at Hughes Aircraft Company and they decided to move their engineering from California to Arizona they gave every engineer a 30K relocation package and valuable employees were given extras under the table. That was in 1994 after the devastation of the defense industry when people should have been willing to move themselves to keep their jobs. With inflation what is 30K worth today - 50 , 80, or 100K?

Bert22306
User Rank
CEO
Re: Dont see the problem yet
Bert22306   7/25/2013 7:46:09 PM
NO RATINGS
Interesting article, but unfortunately it's an article pushing for immigration reform. As such, it conflates two totally different discussions: the need to attract capable STEM talent and the much bigger problem of uncontrolled, illegal immigration.

Still, though, it cannot be impossible to confirm or deny that half of young STEM graduates cannot find STEM jobs?

chipmonk0
User Rank
Manager
Lets stop beating around the bush and face the truth squarely
chipmonk0   7/25/2013 7:42:28 PM
Why are we as practicing Scientists & Engr.s falling for all the white noise being put out by the Corp.s, Politicians and their PR people re: Supply & Demand of STEM grads ? Are n't we supposed to be clear - headed enough to look at confusing ( " purposely " ? ) data and extract the true root cause for problems ? Isn't that what we do most of the time at work ? The truth is that US Corp.s, their MBAs and their Wall St. Money Managers take the domestic customer base ( thats us ) for granted, they want the extra profit by spreading into fresh markets overseas. To do so competitively they need to cut costs and one way to do so is create a surplus of STEM grads here so salaries can be driven down / import H1 B Visa holders who would not demand a fair wage. Yet US Corp.s want to maintain their HQs in the US as their Sr. Executives and their families want to enjoy the safe and predictable lifestyle in the US. Given such a situation we must ask ourselves can we afford to remain above the fray or do we have to alter our own priorities and behavior to protect our own marketability and maintain a predictable lifestyle for our own families.  

alex_shurygin
User Rank
Freelancer
Re: Dont see the problem yet
alex_shurygin   7/25/2013 6:39:18 PM
NO RATINGS
Here is a fresh article on the subject, with quite different conclusions: http://www.pbs.org/newshour/businessdesk/2013/07/the-immigrant-brain-drain-how.html

 

mll1013
User Rank
Rookie
Re: Incorrect Assumptions?
mll1013   7/25/2013 6:06:57 PM
NO RATINGS
jwilkins1, I agree with you about work ethic.  I have told my children that the way my generation differentiated themselves was through education.  That's not the case anymore.  Everyone gets an education, and 4-year universities are more than willing to churn out graduates (for the price of admission!)  Now, just one generation later, the big driver will not be education, but work ethic.  I am teaching my children, foremost, to be hard workers.  I expect that with that, they will be able to succeed in the work force.

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