I work for a Fortune 500 company headquartered in Massachusetts. The company is opening permanent offices in India, China, and Russia, and hiring permanent employees there.
Employees in the U.S. get performance reviews/raises once a year. Because wages are increasing so fast overseas, and the job market there is so competitive, employees in India, China, and Russia will get performance reviews/raises TWICE a year!
Salaries are improving so much in India that some of the Indian guys I work with here in the U.S. are talking about moving back.
Was not that the goal of globalization all along!?