Cheaper Talent Hypothesis

The common trend now every company looks for is, the cheaper the IT guy rate the better the deal. Objectively this sounds fine because the company is saving a lot of money, but in reality would the company be able to get a better deal by bringing in talented programmers at a higher premium. Here is a interesting article by Martin Fowler who explains why this indeed is true.

http://martinfowler.com/bliki/CheaperTalentHypothesis.html

Its really difficult to drive this point to old school companies who think a army of cheap programmers is a bargain than small teams of really talented people. No wonder why there is so much inefficiency all around.

Venkat Reddy