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IT (And Other) Salaries On The Rise In The U.S.
pertinax18 writes "CNN Money is reporting that salaries for most college grads are on the rise once again. Especially interesting to collegiate (and other) /. readers may be the 4.1% increase in pay for CS grads, and 10.7% increases in pay for others in the field. From the article: 'If those numbers sound enticing, it's probably because computer science graduates are long overdue for a pay increase. "They haven't seen an increase since 2001 and this is the first year, in all four reports, that they showed an increase," Koncz says.' Are things finally starting to look up for us?"
Now President Bush is submitting stories to Slashdot!
Im went to ITT school for HTML intraweb programming and Im stil only get 5.45 per hour?!?
What does salary increase mean?
I think it's more interesting to see what fell than what rose. Computer engineering, mechanical/industrial engineering, and history. Any ideas why those would fall?
Although in this political climate, doesn't seem like much attention is being paid to history, as the same mistakes keep being repeated.:-P
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that 4.1% increase comes out to about 23 rupees
vodka, straight up, thank you!
He eats babies, simple as that.
Peel yourself away from Slashdot, get back to work, and maybe you'll make more money.
Unemployment in the IT sector is up (due to both outsourcing AND the struggling economy), so who cares if the people with jobs are getting a bit more money?
Speaking as someone with a job in IT.. I do.
Thanks.
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In related news: A statistician from the local college drowned today in a lake with an average depth of 7 inches.
Salary increase is when you get laid off and come back as a contractor for a few bucks more after being out of work from said company for several months.
John Kerry says: "And it's Bush's fault that IT salaries are on the rise! When I'm made president I'll make sure that IT salaries are kept low! Just don't ask me how I intend to do that..."
So sure, maybe the ones that were hired are making more, but if they are only hiring a small percentage of grads, you'd expect them to make more, wouldn't you? (As they would be more qualified than the average grad)
We in the economics field refer to it as "supply and demand" and boy does it work.
There is a finite number of IT jobs available, and a plethora (a word I learned from The Three Amigos) of unemployed "C++ in 21 days" and "1337 HTML Hax0rs". The tragedy is not that every code monkey who went into CS because they heard you can get rich quick that way is not going to get a six figure job anymore. The tragedy is that they used to and still, for some reason, expect that.
NOTE: this isn't meant to disparage everyone currently unemployed in the IT industry, times have been tough even for qualified people. But you are not going to convince me that times are bad because literally everyone who wants an IT job can't get one. Not everyone who wants to be a nuclear physicist can get a job doing that either.
Finkployd
From TFA:
Psychology majors enjoyed a 2 percent increase with entry-level salaries averaging $28,230.
Is this some strange useage of the word "enjoyed" with which I was not previously familiar?
Academia. Everyone I know has been getting regular raises based on merit.
:)
And everyone said I was nuts to go working for a university with mainframes during the dot com boom, who is employed now, beyotch?
Finkployd
1. Eliminate four positions, increase one person's salary by 20% Give them four times more work. Solicit young college grads instead of older people who don't know they're getting shafted.
2. Send out a press release showing the economy is doing great because salaries are going up.
3. Profit
Comment removed based on user account deletion
HOLD ON THERE! Don't let something like economics get in the way of someone's pet theories. Next thing you know, you'll be wanting journalists to have proof for their stories before they're published! (couldn't resist ;>)
Another prevailing view is that because the market is no longer willing to pay six figures for a HTML jockey who once flipped through "C++ in 21 days", then the market is shot to hell
.NET, are graphic artist experts with all Adobe and Macromedia software, have experience designing and adminning on all major databses, and can perform hardware maintainence on legacy mainframe machines from the 80s.
Not correct. The market is shot because idiot HR departments assume that everyone who applies is an HTML jockey who once flipped through "C++ in 21 days" unless they have a PHD and have 10+ years experience with
Okay, I may be exaggerating, but I see a lot of job postings in my area with insane requirements requiring the ideal applicant to basically be able to wear all the hats. The pay may be nice for these positions, but the person they hire is probably lying about their skill set and will likely be working 80 hours a week doing all of this crap.
Case in point a recent job I applied for in my area. The description of the job was to do work designing and maintaining a database that would be accessed from a web interface.
Over the phone they made it sound like the tasks of designing the actual page and all the coding outside of the DB would be handled by other people and I'd be working together with those people as a team.
But I start getting asked questions at what experience I have with graphic design and Active X during the interview. The interview was conducted by an HR person who admitted that she had no technical experience.
I answered honestly that these aren't my areas of expertise. Needless to say, I wasn't called back for a second interview.
Maybe I was mistakenly interviewed for the wrong position, but it seemed to me that they were hoping for a single person that could create them a dynamic, database driven website from scratch by themselves.
"You spoony bard!" -Tellah
CNN or my paycheck?
Your paycheck is obviously part of the liberal media. You are either with CNN or against democracy(tm).
Dear cog:
In light of recently discovered developments, you may hereby consider your position terminated. Your salary will go directly to supplement my bonus, and your work will be farmed out to Abu Dabhe.
As it is only September, your final paycheck will be docked for 1/4th the value of last Christmas' company gift.
Regards,
The Mgmt.
Notice: Your mouse has been moved. Windows will now restart so this change can take effect.
What? Your mainframe talk is confusing me.
I'm still trying to get over all the trips around the world, the hookers and the drugs the Venture Capitalist's money provided me.
Ahhh... good times. Now I'll have to smooze the dean and replace you at the university.
The Way of the Weasel!
I think some people's political biases are starting to affect mod points here.
;o)
If you've only just noticed this I'd have to say you're a bit slow on the uptake.