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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?
that 4.1% increase comes out to about 23 rupees
vodka, straight up, thank you!
What job, exactly, does a history major apply for, other than history teacher or museum curator?
I hardly ever have an experience at work where I'm working on a design document or expense report or something, and all of a sudden it's like "OH SHIT! I'm gonna miss the deadline! When did Hannibal cross the Alps!?"
I don't need no instructions to know how to rock!!!!
He eats babies, simple as that.
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.
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
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
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 ;>)
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.