Just in case you were hoping for a 4% raise this year, we just announced that we were looking to expand our Indian work force by 1,500 members. Yes, that's right. We're not increasing our workforce in Montreal because those crybabies always want more. Indian workers are just happy to work. This is what I call a "core competency", that is the ability to accomplish work without asking constantly for more benefits. India is geared toward profitable growth.
The average software engineer in Mumbai is about $8200. And those fat butts in Montreal go about $45 000, so you do the math.
By the way we are announcing our Q4 earnings on November 9th, and some good news are to be expected:
Analysts polled by Thomson Reuters expect CGI’s profits will increase 12 per cent to 30 cents per share, up from 27 cents a year ago. Revenues are expected to exceed $1 billion, up from $926 million in the fourth quarter of 2009.
One. Freaking. Billion. I'm wetting my pants.
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