The InformationWeek -- Blogs
CIOs Uncensored

Topics:   Analytics : CIOs Uncensored : Security : Tech Careers

  • Email this page E-mail this page
  • Print this page Print this page
  • Bookmark and Share
  • icon

Any Extra Change Jingling In Your Pocket Lately?


Posted by Marianne Kolbasuk McGee, Aug 26, 2008 01:58 PM

Tech salaries inched up recently after slumping earlier this year, according to a new wage report from an IT services and staffing firm. Could this the beginning of an upward trend or just a blip?

During the first three months of 2008, the rocky economy translated into slightly smaller paychecks for some IT jobs, according to Yoh's first quarter tech wage report. During that time, tech wages fell 1.2% compared with the same time in 2007, according to Yoh.

But in the second quarter (by end of June,) wages had increased by nearly 1% -- or 0.9% -- over the same period in 2007, according to Yoh's latest report. On an hourly basis, that means tech pay rose to an average of $31.37 at the end of June, up from $31.08 that same time last year, says Yoh.

That less-than-1% rise over one quarter isn't exactly eye-popping, but it could be a hopeful sign for techies, whose paychecks for this year haven't grown much, if at all, and in some cases have even sunk.

"It's not robust, but it's not soggy, either," says Jim Lanzalotto, VP of strategy and marketing for Yoh. Pay trends are indeed "soft" right now for tech professionals overall, but hopefully not on the downward trend that seemed to be developing earlier this year, he says.

In fact, back in April, InformationWeek Research's annual national salary survey also found that tech pay had fallen for the first time since the dot-com bubble burst. In our InformationWeek Research 2008 survey of more than 9,000 IT pros, we found that from 2007 to 2008, median base pay for IT staff fell to $73,000 from $74,000, and for managers it dropped from $97,000 to $96,000.

For more about this InformationWeek Research 2008 IT salary research report, click here.

Aside from the lackluster pay trends of late, there are bright spots in the tech job market, says Lanzalotto. At Yoh, recruiters are still seeing strong demand for SAP functional and technical consultants, security experts, and wireless application skills.

To keep up with the skill demand trends of clients, Yoh recently launched a Web-based exchange built with SAP software. Using the exchange, customers can send requests online to Yoh for talent ranging from SAP consultants to administrative assistants. Supply chain software routes the requests and recruiters help fill the positions behind the scenes, transmitting information back to clients.

While the new online exchange has been a recent focus of Yoh's own internal IT efforts, that customer-facing theme also resonates with the sort of projects many of Yoh's clients are doing these days, Lanzalotto says.

"Anything that's customer-facing is still strong, more so than infrastructure work," he says. "In this economy, companies are still keeping the engines running, but if anything is being cut back, it's not customer-facing projects."

What sorts of tech pay, skill, or project trends have you seen developing lately?

« Radio New Zealand Goes Open With Ogg | Main | REST Vs. SOAP, Round 2 »



Sign Up Now
For InformationWeek News Alerts




This is a public forum. United Business Media and its affiliates are not responsible for and do not control what is posted herein. United Business Media makes no warranties or guarantees concerning any advice dispensed by its staff members or readers.

Community standards in this comment area do not permit hate language, excessive profanity, or other patently offensive language. Please be aware that all information posted to this comment area becomes the property of United Business Media LLC and may be edited and republished in print or electronic format as outlined in United Business Media's Terms of Service.

Important Note: This comment area is NOT intended for commercial messages or solicitations of business.




 
InformationWeek Chief Of The Year:
Call For Nominations
Know a dynamic, future-oriented tech chief? We're looking for the most insightful, innovative, forward-thinking business technology leader to honor as our 2008 Chief Of The Year. "Tomorrow's CIO" is the theme of our InformationWeek 500 Conference, and of a recent in-depth InformationWeek Analytics Report based on our extensive survey. The qualities identified with Tomorrow's CIO—equal parts leadership, vision, business savvy, technology expertise--are what we're looking for in our Chief Of The Year.

Candidates must be CIOs, CTOs, or VP-of-IT level executives. Nominations will be accepted now through Oct. 31, 2008.

Please send your nominations to: cjmurphy@techweb.com.



Sign Up For The CIOs Uncensored Newsletter
Every Thursday, Chris Murphy and his fellow analysts explore the business, strategy, and management issues most important to IT leaders.

Sign up for our free, weekly newsletter today!

Newsletter Archives


Global CIO Video


  1. Actors, Messages and Low Lock Contention for Java
  2. Of Course The Transformers are Multicore with SMT technology
  3. Find John Fast!!


Join The InformationWeek Group On LinkedIn


                           


  1. Why I'm Dropping Bing For Google
  2. Nokia's N97 Gets Massive Firmware Update Promising Bug Fixes
  3. Video: Talking About Firefox 3.5, Apple's Snow Leopard, The Return Of Steve Jobs, & More
  4. Bing Is Worth A Fling
  5. So Long, And Thanks, Google Earth, For All The Fish


  1. Review: Apple's Speedy iPhone 3GS
  2. Tech Innovation USA: From Resilient Networks To Self-Scheduling Devices
  3. How Government's Driving Cloud Computing Ahead
  4. Government As Early Adopter
  5. InformationWeek Analytics: Data Loss Prevention
  6. Strategic Security: Web Single Sign-On

 

  Ars Technica
Boing Boing
Channel 9 Forums
CRN Blogs
Dr.Dobb's Portal: Blogs
Engadget
Gizmodo
GrokLaw
  Lifehacker
Schneier on Security
Slashdot
TechCrunch
Techdirt
Techmeme
Valleywag

  DECEMBER 2008
NOVEMBER 2008
OCTOBER 2008
SEPTEMBER 2008
AUGUST 2008
JULY 2008
JUNE 2008
MAY 2008
  APRIL 2008
MARCH 2008
FEBRUARY 2008
JANUARY 2008
DECEMBER 2007
NOVEMBER 2007
OCTOBER 2007
SEPTEMBER 2007