4 Oct 2010
TWICE THE JOBS AT HALF THE SALARY ?
Earlier in 2010, State Bank of India ( SBI ) advertised for 27,000 clerical job vacancies.
Some 2,800,000 candidates appeared for a written exam.
Amongst those who got selected were 4,000 graduate / post-graduate engineers.
Not surprising considering that India produces 500,000 engineering graduates every year [ including 150,000 software engineers ].
Their median starting salary would be approx. $ 1 per hour – about the same what I pay 2 software engineers who are developing my website for past one year.
Should SBI have created 54,000 jobs by paying $ 0.50 per hour ?
Ask any of the 38 million jobless Indian graduates who have registered at 900 + State Employment Exchanges.
The last registered must wait 126 years to get his job-offer !
With regards
HEMEN PAREKH
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