IT Workers Find Experience Counts - InformationWeek

InformationWeek is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them.Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

IoT
IoT
News

IT Workers Find Experience Counts

Survey shows younger IT workers took salary hits last year, while older staffers' checks stayed the same or increased slightly.

Call it the revenge of the middle-aged nerd.

During the dot-com boom of the late '90s, experience didn't seem to count for much. Twentysomethings, with the ink on their diplomas barely dry, captivated IT hiring managers with their newfound New Economy ideas and Internet skills, which were seen as requisites for success. Many pooh-poohed the legacy know-how of veteran IT staffers.

Now the young guns are gettin' their comeuppance, at least in their wallets. As the economy recovers and companies begin to beef up their IT staffs, older IT workers are the ones being rewarded.

According to a study of 21,000 IT professionals by Dice Inc., an online high-tech employment service, IT workers age 30 and under have seen their salaries slip this past year by an average of almost 7%; those under 24 saw their wages slide by nearly 9%. Paychecks issued to IT workers age 40 and over hardly budged between 2001 and 2002, but workers 50 and older actually saw a 1% bump on their pay stubs last year.

Why so? IT managers now are demanding that the people they hire have multiple technical skills to go with their business insight, says Dice CEO Scot Melland. Older workers also are more likely than their younger compatriots to know the technologies that run back-end systems that keep their companies afloat. Says Melland, "Age and experience are back in fashion."

We welcome your comments on this topic on our social media channels, or [contact us directly] with questions about the site.
Comment  | 
Print  | 
More Insights
2020 State of DevOps Report
2020 State of DevOps Report
Download this report today to learn more about the key tools and technologies being utilized, and how organizations deal with the cultural and process changes that DevOps brings. The report also examines the barriers organizations face, as well as the rewards from DevOps including faster application delivery, higher quality products, and quicker recovery from errors in production.
News
How to Create a Successful AI Program
Jessica Davis, Senior Editor, Enterprise Apps,  10/14/2020
News
Think Like a Chief Innovation Officer and Get Work Done
Joao-Pierre S. Ruth, Senior Writer,  10/13/2020
Slideshows
10 Trends Accelerating Edge Computing
Cynthia Harvey, Freelance Journalist, InformationWeek,  10/8/2020
Register for InformationWeek Newsletters
Video
Current Issue
[Special Report] Edge Computing: An IT Platform for the New Enterprise
Edge computing is poised to make a major splash within the next generation of corporate IT architectures. Here's what you need to know!
White Papers
Slideshows
Twitter Feed
Sponsored Live Streaming Video
Everything You've Been Told About Mobility Is Wrong
Attend this video symposium with Sean Wisdom, Global Director of Mobility Solutions, and learn about how you can harness powerful new products to mobilize your business potential.
Sponsored Video
Flash Poll