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Flat Pay Prompts 1 In 3 In IT To Consider Jump

CWmike writes "Companies have cut salaries and training, held back on bonuses and piled more work on employees in response to the economic downturn. These tactics may well be pushing many IT pros to go job hunting, Computerworld's latest salary poll has found. More than one third (36%) of the 343 respondents to a recent poll said they are looking to move to a new employer in the next six months. And 69% reported they had not received a pay raise in the past six months. The poll was conducted during the last two weeks in September. For employers, the warning could not be more clear. As the economy improves, the most able IT workers may leave for something better."

18 of 608 comments (clear)

  1. As the economy improves??? by Cornwallis · · Score: 4, Insightful

    I love a good fiction story.

    I'm gonna become a farmer.

    1. Re:As the economy improves??? by bberens · · Score: 4, Insightful
      I'm more curious about this:

      69% reported they had not received a pay raise in the past six months.

      If raises were given evenly distributed throughout the year you should see 50% answering no. My experience is that most companies give raises at the beginning of the year (Feb/March) so 70% saying no isn't surprising. Is anyone really getting raises every 6 months? If you do, is your company hiring Java developers? I've clearly been doing this wrong.

      --
      Check out my lame java blog at www.javachopshop.com
    2. Re:As the economy improves??? by Low+Ranked+Craig · · Score: 5, Insightful

      Bush economic meltdown

      I'm no fan of Bush, but fixating on him is shortsighted. Remember that congress appropriates money and originates budgets, not the president, so, I suppose all the Democrats in congress had nothing to do with it, right? I mean, they've only been in control for the last 4 years. And of course the fact that the spending over the last 18 months dwarfs what happened in 2007/2008 and the impending tax increases has nothing to do with businesses being reluctant to hire, right?

      Congress is corrupt, the executive branch is corrupt and the judiciary is most of the way there. If you think that R=bad and D=good, or the inverse you are deluded. They all suck

      --
      I still cannot find the droids I am looking for...
    3. Re:As the economy improves??? by need4mospd · · Score: 4, Insightful

      The only reason the GDP has been growing is because "GDP" includes government spending. Considering a huge chunk of that is borrowed, I wouldn't call that growth.

    4. Re:As the economy improves??? by blair1q · · Score: 4, Insightful

      but fixating on him is shortsighted.

      No, considering the man GW Bush to be the only thing meant when someone mentions "bush economic meltdown" is shortsighted.

      Letting his party have control of America again would be a total disaster. The minute the Supreme Court put them in unchecked power in 2000, they fired up the pump and started draining the treasury and several decades' worth of future earnings, putting us in the deepest hole we've ever been in.

    5. Re:As the economy improves??? by joggle · · Score: 5, Insightful

      Yes. That's one of the lowest tax rates in the country (15%). Also, you are only taxed if you make a profit obviously, so it isn't like you would lose money should capital gains taxes increase although your profit would be reduced of course.

      In addition, even some of the wealthiest people in the world are in favor of increasing the capital gains tax, such as Warren Buffett (who made his fortune from stocks).

    6. Re:As the economy improves??? by Z34107 · · Score: 4, Insightful

      Most, if not all of you, will say "That's not fair! I spent wisely and saved accordingly!" Good for you. You don't drive the economy. Those who consume do.

      That's not true at all - saving drives the economy just as much as consuming. Without saving, you can't have debt - banks need money before they can loan any out. Credit card companies likewise need a balance to cover everyone's credit limit until they get their end-of-month payment.

      Savings also drives investment - no savings, no money to invest. No investment, no economic expansion.

      Naturally, you need consumption, too. But dismissing the importance of saving and investment is taking a very short-term economic outlook. Also a very American one; we've had negative personal savings for a long time, which makes shocks like the mortgage crisis even harder to weather.

      --
      DATABASE WOW WOW
  2. Re:They don't seem to have a problem with CEO pay by Defenestrar · · Score: 4, Insightful

    It's not so much the CEO pay that concerns me as it is the ratio to everyone else in the company.

  3. Re:Guess what ... by jafiwam · · Score: 5, Insightful

    Yes.

    However sometimes you must switch jobs for the 'tards in charge to realize that the salary offered is not making the position attractive to employees.

    No amount of pissing and moaning will get me more money. Period.

    On the other hand, if I can find a position elsewhere, I get to actually have a salary discussion. Whereas that's not on the table now.

    I risk getting fired if I talk about money. I do not risk getting fired if I talk about money with a new company.

    I can pick and choose where and when, and to a certain extent what I do with a new company. I get shit thrown at me to do extra at my existing company.

    If companies don't like the brain drain, they can fucking step up to the plate to talk about salaries once in a while.

    I have nothing to lose by talking to some other company about a job, that turns a 0% chance at a raise to a non-zero chance, with some slight risk.

  4. Unionize. by Beelzebud · · Score: 5, Insightful

    Despite what fanatical libertarians around here may say, this is exactly the sort of situations unions are for.

    1. Re:Unionize. by feepness · · Score: 4, Insightful

      Despite what fanatical libertarians around here may say, this is exactly the sort of situations unions are for.

      Libertarians aren't against Unions, after all, they're just voluntary associations of people.

      It's the various laws around them (not right to vote by secret ballot, forced participation to work, forced dues), that gives them the heebee jeebees.

  5. Re:This just in... by Defenestrar · · Score: 4, Insightful

    69% have not had pay raises in the last six months

    They work in an industry where 31% have received pay raises across a short span of time which likely doesn't intersect with the organization's fiscal year (e.g. did many run on Federal or Calendar years). [sarcasm] Oh, my - what a hardship.[/sarcasm] In such a climate as this - that sounds pretty good to me. You want to talk about flat pay - then make that time period at least a year, and compare it to other fields.

  6. Re:Guess what ... by DrgnDancer · · Score: 4, Insightful

    Perhaps, but when they want you, they're willing to play ball at least int eh short term.

    You are a company. You have a sys admin. He does shit. you don't really know what kind of shit, but he must be doing some shit because the computers mostly work. He wants more money and keeps talking about needing some training and upgrades. Fuck him... you don't even know what he does and the computers mostly work.

    You are a company. Your sys admin left a month ago. The computers have stopped mostly working. They now often don't work, and sometimes threaten employee's children with things that you're almost certain will get you fined. You have found a person with a pretty good resume who appears not to be a Troll. He says he can get the computers to mostly work again. He wants more money than the old guy, but he says he can get the computers to mostly work again. He wants a training budget, but he says he can get the computers mostly working again. He says you need to spend some money on infrastructure upgrades, but PLEASE GOD GET THE COMPUTERS WORKING AGAIN.. Ahem.. sorry... yes.. we can probably pay that.

    You see. There's a difference. In reality land probably not quite such a huge difference, but companies are always more willing to negotiate and play ball with a new hire into a "need to fill" vacancy than they are with a current employee.

    --
    I don't need a million points of light, just two points of multi-mode fiber and a 10 Gig-E router.
  7. Re:Good by kiddygrinder · · Score: 5, Insightful

    hah, that's hilarious, screw the old guys because I'LL NEVER GET OLD

    --
    This is a joke. I am joking. Joke joke joke.
  8. Re:Guess what ... by blunte · · Score: 5, Insightful

    The companies never really figure out what's going on. Your lead or immediate project manager may have a clue, but their management (all the way to the top) just doesn't get it.

    Ironically, the argument for the huge CEO bonuses, even during the bailouts, was that "we have to pay this much to retain our 'talent'" (talent being the executives who brought the disasters upon these companies).

    Face it. US styled (quarterly earnings per share centric) capitalism simply doesn't work long term.

    --
    .sigs are for post^Hers.
  9. Agreed, but two problems... by jeko · · Score: 5, Insightful

    I agree with the sentiment in theory, but voting with your feet is not as easy as you make it sound.

    The extremely large company where I work just fired, well, had a layoff of one, of a guy whose next prospective employer's HR department called to check references. Last I heard, this guy has been unjustly tagged as a malcontent by the boss, and he has not found a new job. HR is giving a very dour and tight-lipped "name and dates of employment only" response that, while skirting the law, makes it very clear the company considers him a horrible employee. It's a small industry, and looking around carries the risk of getting prematurely helped out the door. It can absolutely be done, but the risk is not zero.

    Secondly, health insurance. One of the guys I work with has a chronic health problem with one of his kids. Every time he changes jobs, he gets to start the fight anew to get the kid's medical issues covered. It is not trivial, it frequently gets right up to the lawyers, and each time his kid's medical care is interupted, there's a small but real risk that his child could actually die.

    Employment has so much "friction" it might as well be considered a market failure. If McDonald's screws you over, Burger King is across the street. If your employer screw you over -- and unjust poor references seem to be the weapon of choice -- then an uphill legal battle lasting years and costing up to hundreds of thousands of dollars might be your only rememdy.

    Don't kid yourself. "Voting with your feet" isn't nearly as safe and effective as we would like it to be, or as it should be.

    --
    He put his boots up on the table and made a face. "The sig," he smirked. "You can waste your life in search of the sig."
  10. 80% of employees are useless drones by Overzeetop · · Score: 5, Insightful

    I say this after being on both sides of the table. Most people out there are bordering on a waste of oxygen - taking valuable time from the useful ones to solve inane problems. About 10% of workers are truly talented, and can solve problems independently - those are the guys you want. The next 10-15% are good - not really independent problem solvers, but reliable and honest, and would prefer a productive work day to being bored 'cause there isn't enough to keep them busy. Everybody else is just killing time for their meal ticket. An, honestly, I was a combination of the first and last groups for a lot of years. I sure as hell wouldn't have given my former self a raise of any significance. In the past three years I've been asked by several people to join their staff or lead a new department - but I've also got 8 years of running a very successful firm (~30-40% growth every year for 7 years, we'll probably drop back to about 20-25% year with the recession).

    If you're not getting a raise, one of three things is happening:

    1) the company really is on hard times - they're keeping you, perhaps at a loss, because you're valuable.
    2) you're boss is not giving you credit for what you do, or nobody with decision authority sees your brilliance and work ethic.
    3) you're in the 75-80% of people who really aren't that good.

    If you're in the rare #2 slot (I'm going to put that at less than 1%; good odds are that you're really a #3), I feel for you, and you definitely need to find another job. If you're #1, you have to decide if it's worth bailing on the company who is keeping you employed. If you're #3, good luck. You'll always be disappointed.

    --
    Is it just my observation, or are there way too many stupid people in the world?
  11. MOD PARENT UP!!! by frank_adrian314159 · · Score: 4, Insightful

    He actually understands what the hell is going on (and what should be done about it). The increase of moral hazard of supporting bad creditors is much less bad than the economic certainty of a depressed economy for the next twenty years if nothing is done.

    --
    That is all.