lets welcome more indian nationals into the country to work in tech business

[fullyautomatix]

Blame Labour for this farce. We had a work permit system which was working really beautifully. When companies could not recruit a particular skill they had to go through hoops and sponsor a work permit and in most cases companies did it as a last resort because of the paper work involved. Then Labour came along and introduced the point based highly skilled visa which let in thousands of chaps if they just had a degree. Unlike work permit system those on highly skilled visa could come in without a job and look for one once they are here. This resulted in thousands of Bobs flying in and accepting any salary just so they could get a foothold. In some instances there were bobs on highly skilled visa accepting 20K salary. How is that highly skilled ? It was so wrong. All it did was drive down IT salaries to levels not seen before.

[mos]

Which is the exact definition of a skills shortage. It's supply and demand. If the cost of a plumber was £600 a day in the UK and you couldn't get one for love nor money you'd either (a) Train more plumbers to drive the price down and supply up, or (b) bring in some Polish ones.

There is a skills shortage.

Yes MF - lets train the plumbers while they are doing the plumbing work at your house! They will charge you only £300 a day rather than £600 you would have to pay for an experienced plumber. That way you are saving £300 a day, right?

[The Spartan]

So effectively you're getting better educated, qualified and cheaper resource. I'd want the best candidates and they're likely to be Indian.

I beg to differ

[mos]

I beg to differ

The truth is, India has invested heavily in IT training / University courses / MBAs etc. There are more Graduates in India (48 million ) than the entire poorly educated workforce of the UK. So effectively you're getting better educated, qualified and cheaper resource. I'd want the best candidates and they're likely to be Indian.

Hmmmm... they come consistently last in all objective rankings ...

[MarillionFan]

Hmmmm... they come consistently last in all objective rankings ...

WTF does that mean? Link please.

[mudskipper]

I'm not an ekonomick jeenius, but it seems to me:

skills shortage would result in rising prices.

We're not seeing wages/rates increasing, ergo, no skills shortage.

[vetran]

Does this mean we can now buy Indian businesses outright? Or do we still need to be an Indian national?

There is no skills shortage as mentioned above its just a pricing issue. They want to drive wages down, it was New Lie government policy. Seems the Tories are falling for this as well.

[MarillionFan]

Does this mean we can now buy Indian businesses outright? Or do we still need to be an Indian national?

There is no skills shortage as mentioned above its just a pricing issue. They want to drive wages down, it was New Lie government policy. Seems the Tories are falling for this as well.

This is all quite simple. Brand UK has to be competitive. Most of the costs for a business are labour related. To be successful these companies need resources at an affordable cost, not the ridiculous day rates contractors charge or an ever spiralling upward demand for wages. If wages are going up its a supply / demand issue. Hence bring in or train up more resource. As the government has only dealt with short term issues and ignored education there is only one solution (unless you don't do anything at which point the whole country gets left behind)

[vetran]

This is all quite simple. Brand UK has to be competitive. Most of the costs for a business are labour related. To be successful these companies need resources at an affordable cost, not the ridiculous day rates contractors charge or an ever spiralling upward demand for wages. If wages are going up its a supply / demand issue. Hence bring in or train up more resource. As the government has only dealt with short term issues and ignored education there is only one solution (unless you don't do anything at which point the whole country gets left behind)

Fine then remove welfare payments and get used to people tulliping in the street.

[Basil Fawlty]

This is all quite simple. Brand UK has to be competitive. Most of the costs for a business are labour related. To be successful these companies need resources at an affordable cost, not the ridiculous day rates contractors charge or an ever spiralling upward demand for wages.

That's just what the powers that be what you to think ! Most of these folks end up working in the financial industry for organisations making billions every year. So I'm pretty sure sure they can afford the extra couple of hundred quid on the average contractors day rate.

Although if these Indians are stupid enough to be exploited for £150 day in Central London - then they're clearly not as smart as they think they are