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Oct 13, 2020 at 6:13 comment added RedSonja @IanKemp All recruits, even the locals, had studied at the best places and were excellent engineers. We are not talking about yokels. In fact the company is still thriving and building world class aircraft, and other types of hardware and systems.
Oct 12, 2020 at 20:43 comment added Steve @IanKemp, you describe it as a firm unwilling to pay the market rate to retain staff. Look at it the other way around - the market rate for rootless cosmopolitans, is massively higher than for a locally-embedded workforce who enjoy non-financial benefits of permanent settlement and community, and the company has found that hiring the former simply sends payroll costs (or turnover) soaring with no commensurate increase in quality. And whatever you gain from "young blood with fresh ideas" coming in, you lose from those going out of the locality in the opposite direction under the same system!
Oct 12, 2020 at 14:46 comment added Ian Kemp Further, aerospace is a high-tech industry. Hiring only local people, who have broadly the same set of skills, is unlikely to drive the innovation that an aerospace company needs to be able to compete internationally - versus young blood from outside the area or country, who have different perspectives and fresh ideas. So yeah, whichever aerospace company this is, I fully expect them to either be bought, taken over, or ask for a government bailout sooner rather than later.
Oct 12, 2020 at 13:19 comment added RedSonja I think we all knew our market worth, but having your friends and family close by is a price some of us were willing to pay. Me, I left not for more money, but for the senior position another firm offered me. (And failed to deliver, which is why I just went contracting in the end.)
Oct 12, 2020 at 11:30 comment added Ian Kemp What actually happened is that said company was too cheap to pay those young engineers a decent salary once they'd become senior enough, so they went somewhere that did pay them appropriately. Instead of fixing that obvious problem, the company wasted money on a "statistical analysis" that, surprise surprise, gave them the answer they wanted to hear: "You can just hire localsfor less and they'll stick around because they don't know you're ripping them off!" Not to mention that the quality of work produced by the locals is almost certainly lower too.
Oct 12, 2020 at 7:00 history answered RedSonja CC BY-SA 4.0