... semi-First World countries like those in Europe...
Hehehe... American, are you? Take a look at the UN Human Development Report. I also think that one of the thing the top 10 countries in this index have in common is that the government is usually voted by the people. I'm not sure if the same can really be said about the true-first world country in the 12th place.
But very funny parent anyway...:)
the only ones that quiver in fear are the incompetent ones who are easy to replace with a $5/hr from banglore. hmmm... The thing is that there are a lot of seriously competent computer personnel in India. More than most Americans realize. The science education in India is quickly becoming one of the best in the world. Also want to point out that if you lived in India you would be quite satisfied with the salary of $5/hr. It's the cost of living that matters. The arrogance of this perspective is immense and displays an ignorant view of the world. Mind you that many of the greatest minds currently working in the US IT sector are from Asia. Just because the country is currently (and I would like to emphasize this: currently) poorer than the one you live in does not mean that is has an incompetent workforce.
While this is true in many cases there is another thing to consider. The Board of Directors. One can argue that this reverse correlation between company's performance and the CEO's salary is indicating that the BoD is weak and unfit to run the company in the long run.
... semi-First World countries like those in Europe ...
Hehehe... American, are you? Take a look at the UN Human Development Report. I also think that one of the thing the top 10 countries in this index have in common is that the government is usually voted by the people. I'm not sure if the same can really be said about the true-first world country in the 12th place. But very funny parent anyway... :)
While this is true in many cases there is another thing to consider. The Board of Directors. One can argue that this reverse correlation between company's performance and the CEO's salary is indicating that the BoD is weak and unfit to run the company in the long run.