Word: midlevel
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...young software engineers are eager to work for as little as $4,500 a year. Yet there are not nearly enough experienced managers (who can pull in 10 times as much) to oversee the influx of raw recruits. At the same time, as multinationals like Accenture and IBM poach midlevel executives, some observers are worried that fast-rising wages could erode India's competitiveness--and price the country out of the outsourcing business, which has fueled most of the country's IT growth. --By Aravind Adiga/New Delhi...
...with last year?because after years of relatively sluggish growth, the sector is roaring again. Revenues for India's IT businesses will grow by a heady 40% this year, according to Vijay Baoney, a technology analyst at Indian brokerage house Enam Securities. The problem for companies is finding enough midlevel executives who can train, groom and oversee the influx of raw recruits. "Experienced hires are not there on the scale that the industry needs them," says Hema Ravichandar, head of human resources at Infosys, one of the three largest Indian IT companies...
...Because demand is outpacing supply, tech analyst Baoney believes wages in the IT sector will rise by 15-20% this year?and it is midlevel managers, who command salaries ranging from $20,000 to $40,000 annually, who are getting the fattest increases. Indian companies are resisting, but they're losing the battle as American companies like Accenture and IBM expand in India and often lure executives with better pay packages. Silicon Valley-style job hopping is suddenly in vogue. "If an executive is working with a firm for two or three years, and he doesn...
Former officials of Saddam's regime tend to have the technical know-how and the cash to mount operations. The organizers are generally midlevel officials from Saddam's extensive security apparatus. "They're colonels, lieutenant colonels and majors who are really the hard-core loyalists," U.S. Major General Raymond Ordierno, commander of the 4th Infantry Division, tells TIME. While the deposed dictator is the ideological inspiration for these loyalists, chances seem slim that he is directing attacks himself. "The communication involved," says a Pentagon official in Iraq, "would expose him too much to capture." Instead, U.S. officials believe, strategic direction...
...Cheney who had approached the CIA, asking questions about the implication of an intelligence report on Iraq's seeking uranium in Africa. The CIA in turn responded by asking Wilson to embark on his trip. Cheney's staff has adamantly denied initiating the Wilson assignment, saying that midlevel CIA officials chose to dispatch Wilson on their own. Indeed, not even CIA chief Tenet knew of the trip...