""During my service in the United States Congress, I took the initiative in creating the Internet," Gore said"
Read by a normal person, one with out the word parsing ability of Clinton and/or Karl Rove, that looks like he is taking credit for "creating the Internet".
In general, it is not those that come from Western Europe that get the low pay. It is those from India and other less developed countries that get lower pay.
Economic Times of India ^ | November 16, 2003 | RAJAS KELKAR AND SANGEETA KULKARNI
Posted on 11/16/2003 2:03 PM PST by sarcasm
MUMBAI: Large Indian software companies such as Infosys Technologies and Wipro may face lower costs in their onsite operations as the minimum salary requirement for H-1B visa holders in the US no longer exists.
Industry sources and senior company officials said that along with the reduction in the number of H-1B visas to 65,000 from 1,95,000 a few months ago, the restriction on companies to pay H-1B visa holders a minimum salary of $60,000 per annum or equivalent wages was also removed. Since the two were linked, the reduction in the number of H-1B visas automatically removes any minimum salary requirement.
"The waiver has already been put into effect ever since the number of visas issued per year were reduced from 1,95,000 to 65,000, all conditions attached to the earlier visa limit therefore are gone," said a Wipro official. Officials at domestic software service companies told ET that companies now have a free hand in the payment of employee salaries under the H-1B regime.
According to industry sources, when the US imposed a restriction relating to minimum salary in '01, many companies opted for a L1 visa, which allowed them to circumvent the rule. However, talks of restricting L1 visas resulted in many companies reverting to H-1B visas.
The absence of minimum salary requirements is likely to improve margins and cut costs for large companies such as Infosys who have a significant onsite presence.
Analysts say the onsite revenue contribution for most companies is about 35-40% of total revenues. Onsite operations account for 30-35% of the total revenue of these firms and onsite staff account for 20-25% of the total workforce. Infosys Technologies, for instance, billed 11,873 people onsite in the September '03 quarter and 11,590 people during the June '03 quarter.
The company's proportion of onsite revenues to the total revenues in the September '03 quarter was 54.1%.
Brokerage firm DSP Merrill Lynch estimates that a 10% reduction in H-1B salaries could expand margins of Indian software vendors by an average 100-180 bps.
"Infosys could benefit the most as it has close to 76% of onsite employees on H-1B visas, followed by Satyam with 50% and Wipro with 36%," the brokerage firm said in a note late last week.
However, companies that have increased salaries of their onsite staff will not be able to reduce salaries despite the decision, senior officials at software service companies said.
Large software vendors have not taken any action yet stating that they are waiting and watching these developments closely.
MphasiS has close to 475 people onsite at any point of time. According to Ravi Ramu, CFO, MphasiS, the company does not see any significant impact as a result of the waiver. "Companies with a sizeable proportion of their staff onsite would not drastically reduce salaries at a time when the business is gaining momentum," Mr Ramu told ET.
Smaller and medium sized companies, employing between 800-1,500 people, are likely to benefit from the waiver and may respond to it by increasing their offshore salaries. "There will be no impact on salary levels of offshore staff because of the US governments decision, since there is no co-relation between the two. Since all companies have a dominating offshore presence, it won't be a problem in the immediate term," a senior official from a second rung company said.
The industry association Nasscom (National Association of Software Service Companies) refused to comment on the subject when contacted by this paper. According to sources, the association is working hard to increase the number of H-1B visa holders.
Does it detail his support of the H1B/L1 visa programs or his desire to drive US programmers wages down to the levels of Indian programmers?
What about the use of H1B/L1 visa 'labor' to replace higher paid US labor at there offies in the US?
Is any of that covered?
As to those who say that H1B's have to be paid the same wages as Americans, please check. That was tied to the higher number of allowed visas and I do not think it applies any more.
I will not address the rest of your post, but I will address the hiding part.
A lot of people hide it because people like you use it to cause trouble for them. Like D&D, heavy metal, harry potter, and other topics, You MUST have something to rail against and that you can use to get more donations.
You mention that the rules have all been broken? What happened when they broke them? Did you take the computer out of the room for a time? If not, perhaps you should in the future.
"This is just one of the things that makes open source great. As long as we are focused, we can pull out a great solution which will benefit us all in the long term."
Having seen your code, I can fully understand why the Xlink project wish to have nothing to do with it.
Judging from the behavior of your dev team on your discussion boards, you appear to be a bunch of frustrated teens. I mean, as of 24-48 hours ago, you were refusing to even say what GUI toolkit you were going to use. Then you locked the thread, which appears to be your main method of ignoring questions.
Stupid me! If feel like such an idiot discussing the new Debian installer in a/. discussion on the new installer!
On a more serious note, the shows the like of thinking that has gone into the new installer. To an outsider items such as this look like it was just thrown together with out thinking.
It would not have been a major job to add another question to the installer.
Why does it silently switch to Dvorak when you select diff languages?
"If you select "English (USA)" you'll be safe, but be warned that if you choose "English (Australia)" or "English (United Kingdom)" your keyboard will switch to the Dvorak layout! Not quite what most people expect."
Re:Who do I have to thank for this little miracle?
on
Farscape is Back
·
· Score: 0, Flamebait
I find it hard to feel for a group of people who bitch about farscape EVERY time sci-fi is brought up. farscapers are as bad as the gentooites!
Seeing as how I have a Social Security number and the place of birth on my birth cert. is listed as someplace in Texas you would be wrong on that point.
It is just upsetting to see people group "THE MEDIA" into this monolithic thing. It isn't, and the people making the charge know better.
Slashdot Mirror
""During my service in the United States Congress, I took the initiative in creating the Internet," Gore said"
Read by a normal person, one with out the word parsing ability of Clinton and/or Karl Rove, that looks like he is taking credit for "creating the Internet".
So he is a member of the ACLU?
In general, it is not those that come from Western Europe that get the low pay. It is those from India and other less developed countries that get lower pay.
Large corps aren't even trying to look for such people in the US.
Economic Times of India ^ | November 16, 2003 | RAJAS KELKAR AND SANGEETA KULKARNI
Posted on 11/16/2003 2:03 PM PST by sarcasm
MUMBAI: Large Indian software companies such as Infosys Technologies and Wipro may face lower costs in their onsite operations as the minimum salary requirement for H-1B visa holders in the US no longer exists.
Industry sources and senior company officials said that along with the reduction in the number of H-1B visas to 65,000 from 1,95,000 a few months ago, the restriction on companies to pay H-1B visa holders a minimum salary of $60,000 per annum or equivalent wages was also removed. Since the two were linked, the reduction in the number of H-1B visas automatically removes any minimum salary requirement.
"The waiver has already been put into effect ever since the number of visas issued per year were reduced from 1,95,000 to 65,000, all conditions attached to the earlier visa limit therefore are gone," said a Wipro official. Officials at domestic software service companies told ET that companies now have a free hand in the payment of employee salaries under the H-1B regime.
According to industry sources, when the US imposed a restriction relating to minimum salary in '01, many companies opted for a L1 visa, which allowed them to circumvent the rule. However, talks of restricting L1 visas resulted in many companies reverting to H-1B visas.
The absence of minimum salary requirements is likely to improve margins and cut costs for large companies such as Infosys who have a significant onsite presence.
Analysts say the onsite revenue contribution for most companies is about 35-40% of total revenues. Onsite operations account for 30-35% of the total revenue of these firms and onsite staff account for 20-25% of the total workforce. Infosys Technologies, for instance, billed 11,873 people onsite in the September '03 quarter and 11,590 people during the June '03 quarter.
The company's proportion of onsite revenues to the total revenues in the September '03 quarter was 54.1%.
Brokerage firm DSP Merrill Lynch estimates that a 10% reduction in H-1B salaries could expand margins of Indian software vendors by an average 100-180 bps.
"Infosys could benefit the most as it has close to 76% of onsite employees on H-1B visas, followed by Satyam with 50% and Wipro with 36%," the brokerage firm said in a note late last week.
However, companies that have increased salaries of their onsite staff will not be able to reduce salaries despite the decision, senior officials at software service companies said.
Large software vendors have not taken any action yet stating that they are waiting and watching these developments closely.
MphasiS has close to 475 people onsite at any point of time. According to Ravi Ramu, CFO, MphasiS, the company does not see any significant impact as a result of the waiver. "Companies with a sizeable proportion of their staff onsite would not drastically reduce salaries at a time when the business is gaining momentum," Mr Ramu told ET.
Smaller and medium sized companies, employing between 800-1,500 people, are likely to benefit from the waiver and may respond to it by increasing their offshore salaries. "There will be no impact on salary levels of offshore staff because of the US governments decision, since there is no co-relation between the two. Since all companies have a dominating offshore presence, it won't be a problem in the immediate term," a senior official from a second rung company said.
The industry association Nasscom (National Association of Software Service Companies) refused to comment on the subject when contacted by this paper. According to sources, the association is working hard to increase the number of H-1B visa holders.
We are talking about Oracle, not Apple.
The lack of a level googolplex RDF should have tiped you off.
Does it detail his support of the H1B/L1 visa programs or his desire to drive US programmers wages down to the levels of Indian programmers?
What about the use of H1B/L1 visa 'labor' to replace higher paid US labor at there offies in the US?
Is any of that covered?
As to those who say that H1B's have to be paid the same wages as Americans, please check. That was tied to the higher number of allowed visas and I do not think it applies any more.
Look at what the 60's generation has done since the tookover the political enviroment. Things have gotten worse.
Power corrupts.
Yes. MSFT will just make less profit. There current 50-80% profit margin is out of line with other companies of their size.
Have you donated anymoney for them to fight back?
Right, and what how fast Mom and Dad stop paying for your school.
Just because I think that teenagers who break the rules their parents lay down should be punished?
What do you suggest? The more they break the rules, the more they get rewarded?
I will not address the rest of your post, but I will address the hiding part.
A lot of people hide it because people like you use it to cause trouble for them. Like D&D, heavy metal, harry potter, and other topics, You MUST have something to rail against and that you can use to get more donations.
You mention that the rules have all been broken? What happened when they broke them? Did you take the computer out of the room for a time? If not, perhaps you should in the future.
"This is just one of the things that makes open source great. As long as we are focused, we can pull out a great solution which will benefit us all in the long term."
& cid=6468 738
Warp Pipe Project - GameCube Online
http://slashdot.org/comments.pl?sid=71554
Having seen your code, I can fully understand why the Xlink project wish to have nothing to do with it.
Judging from the behavior of your dev team on your discussion boards, you appear to be a bunch of frustrated teens. I mean, as of 24-48 hours ago, you were refusing to even say what GUI toolkit you were going to use. Then you locked the thread, which appears to be your main method of ignoring questions.
Stupid me! If feel like such an idiot discussing the new Debian installer in a /. discussion on the new installer!
On a more serious note, the shows the like of thinking that has gone into the new installer. To an outsider items such as this look like it was just thrown together with out thinking.
It would not have been a major job to add another question to the installer.
I think you are confusing Farscape for a good show. My god, it was Muppets in Space! (with worse acting)
Why does it silently switch to Dvorak when you select diff languages?
"If you select "English (USA)" you'll be safe, but be warned that if you choose "English (Australia)" or "English (United Kingdom)" your keyboard will switch to the Dvorak layout! Not quite what most people expect."
I find it hard to feel for a group of people who bitch about farscape EVERY time sci-fi is brought up. farscapers are as bad as the gentooites!
Isn't this for RURAL areas? You know, the ones with not very many people?
I didn't say the NYT was unbiased. My gripe is with those that conside the media as one collective group. The media is not the borg.
Is the NYT biased? Yes.
Is Fox News biased? Yes.
Is (insert news outlet) biased? Yes.
They are all biased in different ways, and to say they are all biased the same way is too simple.
In the US you do not have to have a license to have a/most gun. In some states you may have to have a license to carry it in public, but that is all.
Seeing as how I have a Social Security number and the place of birth on my birth cert. is listed as someplace in Texas you would be wrong on that point.
It is just upsetting to see people group "THE MEDIA" into this monolithic thing. It isn't, and the people making the charge know better.
Yes, the media* is liberal.
* we do not include Rush, talk radio, or Fox News (Number 1 in cable news) in our def of the media.