Want a pay raise? Ask your employer to hire more immigrant scientists.
That's the general conclusion of a study that examined wage data and immigration in 219 metropolitan areas from 1990 to 2010. Researchers found that cities seeing the biggest influx of foreign-born workers in science, technology, engineering and mathematics—the so-called STEM professions—saw wages climb fastest for the native-born, college-educated population.
Note to recruiters
Note to recruiters: We are quite aware that recruiters, interviewers, VCs and other professionals generally perform a Google Search before they interview someone, take a pitch from someone, et cetera. Please keep in mind that not everything put on the Internet must align directly to one's future career and/or one's future product portfolio. Sometimes, people do put things on the Internet just because. Just because. It may be out of their personal interests, which may have nothing to do with their professional interests. Or it may be for some other reason. Recruiters seem to have this wrong-headed notion that if somebody is not signalling their interests in a certain area online, then that means that they are not interested in that area at all. It is worth pointing out that economics pretty much underlies the areas of marketing, strategy, operations and finance. And this blog is about economics. With metta, let us. by all means, be reflective about this whole business of business. Also, see our post on "The Multi-faceted Identity Problem".
Saturday, October 15, 2016
TECHNOLOGY: Skilled Foreign Workers a Boon to Pay, Study Finds