The explosive growth of the Internet, and the accelerated development of networking and telecoms standards, is causing unprecedented competition for skilled technical staff in the telecoms world according to headhunters in Europe and the US.
One company in Texas is offering existing employees $1,700 (#1,000) for introducing a new member of staff to the company.
Starting salaries for US graduate engineers have risen from $33,000 a year to over $40,000 in four years. UK salaries have increase by around #4,000 a year.
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