* Foreign univs will poach lowly-paid Indian profs
In 2008, when Atlanta-based Georgia Tech University bought 250 acres of land in Hyderabad it left many gaping.
It did something even more astonishing shortly afterwards: it invited its own faculty members to quit their jobs and consider moving to India.
A professor in the computer science department of the university told TOI: “Each one of us got a formal note. Even more amazingly, he added, all of us were offered the same salary that we were getting in Georgia.
It was clearly an offer very few would even think of refusing; given the cost of living in India, it would straightaway translate into a fortune, if not a killing.”
The note read, “Those who take a transfer to Hyderabad, or are recruited for the India campus, will be offered the same dollar salary compensation that is paid in Georgia.”
http://epaper.timesofindia.com/Default/Scripting/ArticleWin.asp?From=Archive&Source=Page&Skin=TOINEW&BaseHref=TOIPU/2010/03/16&PageLabel=9&EntityId=Ar00901&ViewMode=HTML&GZ=T
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