Yes, this is bollocks. Ok, I got a 5 percent pay rise last year but I was a lucky on, but I work in a company - can't mention it's name or what market sector it's in, because I know my boss reads this forum!! - but the trend is to outsource work to India (and other countries) and trust me, you only have to see the number of Indians in our office, the indigenous whites are being phased out.
Even new permanent recruits ....are Indian!!
The fact is, in the medium and long term our jobs are under threat. And this is the trend, this the way the IT sector in the UK is going, more and more of us will lose our jobs to the Indians; and because of the oversupply of people, salaries will drop, not rise.
I genuninely believe, the outsourcing of IT is the biggest threat to our jobs, our careers, our lives, the IT industry has ever experienced.