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If you have a current offshore team in a different country/currency zone then you may find that the significant cost savings from outsourcing have vanished due to currency fluctuations that occur for reasons like earthquakes, war or oil- something which is outside the core competency of your business corporation. As off shoring companies incur cost in local currencies but gain revenue in American Dollars and Euro (mostly), they pass on these fluctuating costs to their customers but rarely pass along discounts on existing contracts. Sometimes the offshoring contract actually gains from currency fluctuations.The Indian rupee has fluctuated from 43.62 Rupees per USD (04-01-2005) to 48.58 (12-31-2008) to the current value of 44.65.This makes for a volatility component of almost 10 percentage points to the revenue and profit margins of an off shoring vendor. Inflation in India has been growing at 8.5 % and the annual increase in salaries has been around 10-15 % for the past few years. Offshoring vendors have been known to cut back on quality in recruitment when costs have risen historically, and the current attrition rate in Indian ITES is almost 17%.
- Tata Consultancy Rises to a Record After Profit Jumps (businessweek.com)
- India’s Outsourcing Revenue Buoyant, Says Nasscom (pcworld.com)
Google recently did the following-
1 Raised salaries by 1000 $ across board, and gave a 10% increase at lower levels to reportedly 30% increase at higher levels.
The surprise 1000$ cash bonus , was a simple application of expectation management, people love a surprise 1000$ raise, but hate if told they would be getting a 90$ raise in their monthly salary from next quarter.
Ex Googlers or GoogleX as the groups is called have helped create a lot of not so evil value at Facebook, and at Twitter. Even the rest of the World made more money on Map Reduce than Google itself did
And Google refuses to do simple things like sell Android )s at 10 bucks a pop, or Google Maps at 0.99 cents a pop. Not even a paid content search by integrating syndicating sources like Factiva, Bloomberg etc
The book scanning project would be out soon , hey when, but they could better get some health record scanning contracts to help cut digital costs
And the A/B experiment to move to pay per conversion rather than pay per click will hurt spamboy advertisers in Facebook or Bing more than Google.
and will someone remove the 100$ limit in Adsense minimum revenue-the internet long tail doesnt end at the round number
But Google ‘s rumors of firing the guy who leaked the raise rumor is totally deception -
seems they are just plugging the leaks for hot new features to counter Gmail killers (where did we heard this phrase before) by
Mark “Still dont have a diploma from Harvard”
speaking of which if Facebook has 500 million unique customers logging and clicking ads (right)- how many unique customers search and click ads on Google. A histogram using a Monte Carlo would be nice- :)
- Google Raise, Bonus Announcement Surprises Employees (techeblog.com)
- Google engineer: Raise leaker exposed us to mugging (news.cnet.com)
- Google Fires Leaker Of Payrise Info (searchenginewatch.com)
- Google Employee Leaks The News That Google Fired Employee Who Leaked Salary Info (techdirt.com)
- “Burma releases pro-democracy leader Aung San Suu Kyi” and related posts (wildmind.org)
- “Google doodle celebrates Robert Louis Stevenson’s birthday” and related posts (pocket-lint.com)
R is bad for you because -
1) It is slower with bigger datasets than SPSS language and SAS language .If you use bigger datasets, then you should either consider more hardware , or try and wait for some of the ODBC connect packages.
2) It needs more time to learn than SAS language .Much more time to learn how to do much more.
3) R programmers are lesser paid than SAS programmers.They prefer it that way.It equates the satisfaction of creating a package in development with a world wide community with the satisfaction of using a package and earning much more money per hour.
4) It forces you to learn the exact details of what you are doing due to its object oriented structure. Thus you either get no answer or get an exact answer. Your customer pays you by the hour not by the correct answers.
5) You can not push a couple of buttons or refer to a list of top ten most commonly used commands to finish the project.
6) It is free. And open for all. It is socialism expressed in code. Some of the packages are built by university professors. It is free.Free is bad. Who pays for the mortgage of the software programmers if all softwares were free ? Who pays for the Friday picnics. Who pays for the Good Night cruises?
7) It is free. Your organization will not commend you for saving them money- they will question why you did not recommend this before. And why did you approve all those packages that expire in 2011.R is fReeeeee. Customers feel good while spending money.The more software budgets you approve the more your salary is. R thReatens all that.
8) It is impossible to install a package you do not need or want. There is no one calling you on the phone to consider one more package or solution. R can make you lonely.
10) R forces you to learn new stuff by the month. You prefer to only earn by the month. Till the day your job got offshored…
Written by a R user in English language
( which fortunately was not copyrighted otherwise we would be paying Britain for each word)
- Install and load R package “Rcmdr” to quickly install lots of other packages (r-bloggers.com)
- A Beginner’s Guide to Integrated Development Environments (mashable.com)
- IPSUR – A Free R Textbook (r-bloggers.com)
- Trrrouble in land of R…and Open Source Suggestions (r-bloggers.com)
- R is Hot: Part 1 (r-bloggers.com)
- The Big Data Explosion and the Demand for the Statistical Tools to Analyze It (readwriteweb.com)
- Teach Yourself How to Use the Ubuntu Command Line (helpdeskgeek.com)
Ajay- The above post was reprinted by personal request. It was written on Jan 2009- and may not be truly valid now. It is meant to be taken in good humor-not so seriously.