Problem in the labor market

Dear world colleagues!

I recently came across an interesting text. It was published NOT on a business resource, but on an entertainment one. But I was very impressed, because it clearly reflects the reality on the labor market for technical specialists in Russia, the CIS countries and (possibly) Eastern Europe.

I became seriously interested: is this the situation in the rest of the world?

If anyone is ready to take part in the discussion, please comment.

Attention! The text contains swear words (because it was taken from a humor site), if such a vocabulary is unacceptable for you, please do not read further.

Below is a quote from this text.

We have a shortage of well-qualified technical specialists (that is, with experience and talent) who are willing to work for pennies.

 That is, they are ready to work for pennies, but have the qualifications through the floor, in bulk. Nobody needs them and for nothing.

 And there are still a number of well-qualified specialists. But they “at mass” want to be good-payed - and therefore they are also not needed in most places.

 Everyone needs “Eager beaver for three cents.” But they are not there.

 A couple of decades ago, before several technological and economic “revolutions”, there were such “Eager beaver,” were in abundance not only the closure of positions, but even a surplus. “Effective managers” are accustomed to this situation - but now the situation has changed, old people have retired, and middle-aged people do not see the point in “launching rockets” for three cents for managers vacationing in Courchevel.

 In fact, engineering sabotage occurred - skilled people left jobs that required their high qualifications, and took up all sorts of consumer crap that gave them even more money than they were paid in previous jobs, but required much less brainpower.

 The level of anger among highly qualified engineering personnel towards employers has reached an epic level. The question is no longer how much such a person needs for a comfortable life - no, he wants the kind of money that would show RESPECT for his level. That is, such amounts that would make managers grind their teeth with greed.

 The principle is simple: don’t want to pay that much? Well, make nanorules yourself, and I’ll make do with hacks - but I’ll know that you’ve been screwed, and let your enterprise go down the drain and die, and you’ll be bankrupt.

 This is how it is moving - business managers are still hoping that the “skilled staff” will go hungry and come running for a greedy salary, and the “skilled staff”, just as they left en masse in 2008, are still busy with crap, losing their qualifications, but not resorting anywhere. This is clearly visible in the dynamics of vacancies for qualified positions and in the salary levels advertised for vacancies and included in CVs.

 The liberal part of the government still thinks that the problem can be solved with the help of universities. They can’t wrap their head around the fact that university graduates can’t fill high positions - there is no one to teach them in production, and no one will teach them - a specialist doesn’t want to teach them, so as not to create a competitor for himself, and an “effective manager” doesn’t want to for years pay a salary to a useless semi-finished product while waiting for him to improve his skills and gain experience. And what for does he need a specialist in years to come - he needs to be here right now, and in a couple of years, maybe there won’t be an enterprise, and he himself will be in another place.

Samuel Mourao

Managing Director @ Telnav Marine Electronics

6mo

The reasoning seems to be true. It's unfortunate most companies don't want to pay high enough salaries. There are companies who literally can't though. And there are companies who can, but won't for whatever reason. During my journey over the last several years expanding into new countries, I am often SHOCKED to learn the level of pay many professionals live with at their companies. I don't like to point fingers, however, I honestly believe that the business owners can - and should - do better on this regard.

Samuel Mourao

Managing Director @ Telnav Marine Electronics

6mo

It had not come to my feed earlier so thanks for bringing to me!

Victor Panov

Marine electronics specialist

6mo

Samuel Mourao I expected for your comment on this, due You usually puslish posts with similar ideas )

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