Free Newsletters
Technology & Business Daily

InfoWorld
Log-in | Register
Page 2 of 3  «  Previous Page    Next Page » 

2004 InfoWorld Compensation Survey: What are you worth?

 

“I think we are on the cusp of change, where things are beginning to ease up,” Schafer says. “In general, people are optimistic, but in some ways it still feels like a recession because jobs lag behind the rest of the economy. And you see that where the IT workforce is concerned. By the end of 2004 it will be quite a different situation. By mid-2005, there will be quite a demand for IT,” she says.

Free IT resource

TechNet: More ways to know it, share it, and keep it running.

Sponsored by Microsoft

Free IT resource

Attend the SOA Executive Forum: Breaking SOA Bottlenecks SOAExecForum.com/may2007

Sponsored by InfoWorld

DOWNLOAD PDF

Click here to download InfoWorld's special report 2004 InfoWorld Compensation Survey


Some suggest that part of the nascent recovery derives from increased government spending, particularly on anti-terror measures. Homeland Security outlays helped Roger Quarles, IT system manager of the Talladega County Emergency Management Agency, launch a long-awaited IT upgrade this year.

“In the last several years, we haven’t had the finances to upgrade our IT systems,” Quarles says. This year, the agency is deploying a new wireless backbone for emergency communications. The agency has also been able to keep pay for IT employees steady. “Our salaries are in step with the government pay scale in the rest of county government,” he says.

Easing job worries

A brighter picture of staffing issues also seems to be emerging, where hiring freezes, layoffs, and salary freezes are less common.

When asked what staffing issues they expect to face in the next 12 months, 21 percent of respondents said they expected to deal with a hiring freeze, down from 42 percent who said they actually faced the issue in the past 12 months, and 49 percent who reported in the mid-2003 survey that they had faced the issue in the previous 12 months.

Similarly, 21 percent of respondents expected layoffs in the next 12 months, down from 37 percent who faced it in the last 12 months and 44 percent in last year’s survey. Likewise, 18 percent of respondents said they expected to face a salary freeze in the coming year, down from 28 percent who faced it in the past 12 months and 30 percent in the mid-2003 survey.

But improving numbers don’t make waiting for the upturn any more pleasant when you need a job. Just ask Brad Mitchell.

Mitchell worked for seven years as a full-time information systems consultant at Bookspan, a marketer of book clubs such as Book-of-the-Month Club, until he was laid off in May 2003. After five months, he found work at the state of Pennsylvania’s Department of Transportation — until March, when the program he worked on was completed.

“I think there is a glut in the market [of available IT professionals],” Mitchell says. He was making a salary in the mid-$80,000 range when he was let go by Bookspan. “There are so many people out there on the street that companies right now can get what they want.


Click for larger view.
“Companies seem unwilling to make an investment of their own. They want people to walk in the door with exactly the skill set they are looking for,” Mitchell adds. He has worked in a variety of positions, including as a programmer and a project manager.

Such conservative hiring practices may be on the decline. Tim Dion, CTO of IT consulting company Riverton, says he plans to hire 10 to 12 people for his company, which employs slightly less than 100 people.

“The demand for workers is going up,” Dion says. “We are fully utilized right now, and we have a backlog of work to keep us busy going forward.” Although there are available workers, Dion is willing to pay for the right set of skills. “We are paying competitively,” he says.

Many of those lucky enough to be employed through the down years have confidence that their jobs are safe. When asked how secure they felt in their jobs, 51 percent answered they felt secure, and another 23 percent “absolutely secure.” Only 19 percent said they were concerned about job security, and 6 percent said they could be laid off at any time.

A decent wage, all things considered

Job security is one thing; satisfaction is another. Our respondents were slightly less happy about what they were being paid than they were in the recent past. When asked if they were fairly compensated, 51 percent said yes, compared with 41 percent who said no. Last year, 53 percent said they were fairly compensated and 40 percent they were not. In 2002, 56 percent they were compensated fairly while 37 percent said they were not.


Continued
»  Previous Page | 1 | 2 | 3 | Next Page » 



 


 
Jack McCarthy is an associate news editor at InfoWorld.
 

TOP NEWS:


»  Update: Online encyclopedia lists internal network security threats
Promisec includes popular Web-based applications among possible data-loss threats

»  Ericsson, STMicro to form mobile chip venture
Joint venture will build guts of mobile devices for current 2G and 3G mobile networks, as well as faster, emerging LTE technology

»  Palm Treo Pro steps into the smartphone ring
Running Windows Mobile 6.1, Palm's newest release will give enterprise users an operating system they are comfortable with

»  Real time drives database virtualization
Database virtualization will enable real-time business intelligence through a memory grid that permeates an infrastructure at all levels

»  IBM commits $300 million to disaster recovery build-out
New datacenters to store data in cloud-based storage model

»  Palm plans to sell unlocked Treo Pro
Palm's decision to sell its newest smartphone could be start of a new trend or a sign of harder times to come for the company




Virtualization: A Step by Step Approach to Success
Your virtual machines can be up and running in a matter of minutes. HP and Citrix have integrated XenServer with HP ProLiant servers and management tools, powered by hardware-assisted Intel Virtualization Technology to enable high- performance, cost-savings solutions for server consolidation and disaster recovery. Sponsor: HP

»  Click here to view this Webcast
  Virtualization Solutions Guide
This comprehensive IT Strategy Guide covers Virtualization and puts you at the forefront of the discussion. You'll learn all you need to know from the cost of virtualization, how to implement it for your business, how to back it up safely and which products are best. Sponsored by Riverbed

»  Click here to download now

- Special Advertising Partners -
WHITE PAPERS
 

» Technology White Papers Library

Technology White Papers by Topic

Technology White Papers E-mail Alert

Find out when the latest white paper is available:
 
 
INFOWORLD MARKETPLACE
 
» BUY A LINK NOW
 

FIND PRODUCTS AND COMPANIES
» COMPLETE PRODUCT GUIDE



TECHNOLOGY INDEX
• Applications
• Application Development
• Security
• Networking
• Wireless
• Platforms
• Hardware
• Data Management
• Storage
• Web Services
• Business
• Telecom
• Professional Services
• Standards

TECH WATCH 


What's the 411 on GOOG-411?
Just as Google has become synonymous with "performing a Web search," 411 is understood to mean "information" -- as in "what's the 411?" I was thus surprised to discover, from a billboard, no less, that the king of search is taking on the ...

Apple HTML source reveals 'iPhone Extreme'
"This one's a stretch..." reports AppleInsider. Um, yeah. Reporting on HTML code sightings of product names could be called a stretch, but iPhone Extreme has a ring to it. Now, that sounds like the product Apple should have released first, rather ...

COLUMNISTS

Unified under law
Ephraim Schwartz's Column and Blog (InfoWorld) - In the litigious world we live in, deploying a unified communications platform in your enterprise could...
» MORE COLUMNISTS

MORE INFOWORLD BLOGS


Open Sources 
Product Management
When I joined MySQL four years ago, there was quite a lot of debate about product management. We didn't actually have ...

Zero Day 
Botnet herders tending smaller flocks
New research backs up the theory that botnet operators are keeping their networks smaller in a continued effort to keep ...



• Advice Line
• Database Underground
• The Deep End
• Enterprise Mac
• Geeks in Paradise
• Grid Meter
• The Gripe Line
• InfoWorld Daily
• Inside IT
• IT Troubleshooter
• ITXtreme
• Open Sources
• ProdBlog
• Real World SOA
• Reality Check
• Security Adviser
• SMB IT
• The Storage Network
• Tech Watch
• Virtualization Report
• Zero Day

ADVERTISEMENT


RESOURCE CENTERadvertisement 

GOVERNMENT IT & POLICY
'If you don't go after the network, you're never going to stop these guys. Never.'
From the State Department, All the News for Inquiring Minds
TechPresident, the Internet Citizenry's New Consensus Taker



Sponsored Technology Links

 
 
 HOME  NEWS  BLOGS  PODCASTS  VIDEOS  TECHNOLOGIES  TEST CENTER  EVENTS  CAREERS   About | Advertise | Awards | RSS | Contact Us 

Copyright © 2008, Reprints, Permissions, Licensing, IDG Network, Privacy Policy, Terms of Service.
All Rights reserved. InfoWorld is a leading publisher of technology information and product reviews on topics including viruses,
phishing, worms, firewalls, security, servers, storage, networking, wireless, databases, and web services.

CIO :: ComputerWorld :: CSO :: Demo :: GamePro :: Games.net :: IDG Connect :: IDG World Expo
Industry Standard :: IT World :: JavaWorld :: LinuxWorld :: MacUser :: Macworld :: Network World :: PC World :: Playlist