FYI - Salary is not investment. Salary is an expense. Investment is money spent generally on physical items, although it can be for R & D, which in the world of software is 99.9% salary.
$10,000 doesn't get you a programmer in India, let alone in the USA which is where they are saying they are hiring, so I think in this case they were putting the $1B in the physical item category and not including salary in it. The devil is always in the details. I have not done the research on the details, so my comments are without merit. I would be interested in the details. Chris Blaicher Technical Architect Mainframe Development Syncsort Incorporated 2 Blue Hill Plaza #1563, Pearl River, NY 10965 P: 201-930-8234 | M: 512-627-3803 E: [email protected] www.syncsort.com CONNECTING BIG IRON TO BIG DATA -----Original Message----- From: IBM Mainframe Discussion List [mailto:[email protected]] On Behalf Of Tom Marchant Sent: Wednesday, December 14, 2016 9:27 AM To: [email protected] Subject: Re: IBM Lays Out Plans to Hire 25,000 in U.S. Ahead of Trump Meeting On Tue, 13 Dec 2016 18:05:26 -0500, Gabe Goldberg wrote: >plans to hire about >25,000 people in the U.S. and invest $1 billion over the next four >years Did anyone else notice this? If you hire 25,000 people and pay them a $10,000 salary, that would add up to $250 million per year, or a billion dollars over four years. -- Tom Marchant ---------------------------------------------------------------------- For IBM-MAIN subscribe / signoff / archive access instructions, send email to [email protected] with the message: INFO IBM-MAIN ________________________________ ATTENTION: ----- The information contained in this message (including any files transmitted with this message) may contain proprietary, trade secret or other confidential and/or legally privileged information. Any pricing information contained in this message or in any files transmitted with this message is always confidential and cannot be shared with any third parties without prior written approval from Syncsort. This message is intended to be read only by the individual or entity to whom it is addressed or by their designee. If the reader of this message is not the intended recipient, you are on notice that any use, disclosure, copying or distribution of this message, in any form, is strictly prohibited. If you have received this message in error, please immediately notify the sender and/or Syncsort and destroy all copies of this message in your possession, custody or control. ---------------------------------------------------------------------- For IBM-MAIN subscribe / signoff / archive access instructions, send email to [email protected] with the message: INFO IBM-MAIN
