] Among other things, the documents indicate that for
] internal IBM accounting purposes, a programmer in China
] with three to five years experience would cost about
] $12.50 an hour, including salary and benefits. A person
] familiar with IBM's internal billing rates says that's
] less than one-fourth of the $56-an-hour cost of a
] comparable U.S. employee, which also includes salary and
] benefits.

IBM Data Give Rare Look at Sensitive 'Offshoring' Plans - Jan. 19, 2004