http://www.computerworld.com/cwi/story/0,1199,NAV47_STO63459,00.html

Demand still exceeds supply for IT workers, even though demand is lower than
one year ago.  IT salaries up 6% this year, beating the 4% national average.
The bad news - flood of ex-dot-com workers has created a glut of people with
those skills.


ComputerWorld
By LINDA ROSENCRANCE
(August 31, 2001) IT workers getting ready to enjoy the
Labor Day weekend can celebrate the holiday knowing that
they're in a field where demand remains strong despite the
sluggish economy -- although that demand may not translate
into higher salaries this year.

To compete for skilled IT workers, companies aren't
necessarily offering higher salaries. Employers are pushing
other benefits, such as flexible hours, training and
telecommuting choices to attract and retain employees,
according to a Cutter Consortium survey of 47 Fortune 1,000
companies.


"The fact that companies are having trouble keeping up with
market salaries means that salaries are rising more rapidly
than expected," said Cutter consultant Chris Pickering, who
wrote the report "Survey of E-Business and IT Practices."
"This means that there is greater demand for IT staff than
there is supply."


To attract the best IT people, companies are allowing
workers to telecommute and training them on technologies
that will lead to work on cutting-edge projects.


Pickering noted that the focus on nonsalary benefits
supports one or both of these claims: the long-standing
view that IT professionals are more concerned about working
conditions and advancing their technical expertise and that
companies have gone as far as they are willing to go in
terms of salary, signaling a leveling off or decline in
salary increases.


Meanwhile, Computerworld's annual salary survey, which will
be released Tuesday, shows that IT salaries are rising
moderately this year, averaging just under 6% but still
higher than the 4% raise the average U.S. worker can
expect.


A study released in April by the Information Technology
Association of America (ITAA) -
http://www.itaa.org/workforce/studies/01execsumm.htm - an
Arlington, Va.-based trade group, also supports the view
that demand for IT workers remains substantial although not
as strong as the demand a year ago.


An ITAA report titled "When Can You Start?" concluded that
demand for IT workers is strong despite a 44% drop in
demand from last year. Based on telephone interviews with
685 hiring managers, the report said that this year,
employers will try to fill more than 900,000 new IT jobs
and that 425,000 of those jobs will remain vacant. Last
year, the ITAA said there were 850,000 openings for IT
workers.


According to the group, the jobs most in demand by IT and
non-IT companies through the first quarter of 2002 remain
in the area of technical support, although demand for
technical support professionals is down 65% from last year.
The ITAA added that while the slowdown in the economy has
diminished IT spending, demand for IT talent with the
requisite technical skills persists.


Pickering said the glut of ex-dot-com workers flooding the
job market has led to a mismatch of skills between
employers and potential employees. According to
Chicago-based outplacement firm Challenger, Gray &
Christmas, 87,795 dot-com workers were laid off since
January.


"Java programmers are not in top demand now," Pickering
said. "Because companies are concerned with integrating
legacy systems with e-business systems, [people] with
cross-application integration skills [are in demand]."


Shuman Lee, director of analytics for online recruiting
firm Techies.com in Bloomington, Minn., agreed that the
demand for qualified IT professionals far outweighs the
supply.


"[Companies] can't get enough [IT] people. The technology
field is just growing too rapidly," Lee said. "And
[prospective employees] are getting more attractive
packages."


Lee said some of the best-paying jobs for those with IT
skills are systems administration, where the average salary
for a worker with 10 years of experience was $78,400,
nearly 72% more than the average starting salary for this
job title; project management, where employees can expect
to earn about $47,400 to start and $93,600 after 10 years;
and technology management, where 10-year veterans earn
about $97,400, about twice the $48,600 starting salary.
Entry-level positions in the last two categories, however,
are hard to come by, Lee said.


__________________________________________________
Do You Yahoo!?
Get email alerts & NEW webcam video instant messaging with Yahoo! Messenger
http://im.yahoo.com

-- 
Please see the official ORACLE-L FAQ: http://www.orafaq.com
-- 
Author: Greg Moore
  INET: [EMAIL PROTECTED]

Fat City Network Services    -- (858) 538-5051  FAX: (858) 538-5051
San Diego, California        -- Public Internet access / Mailing Lists
--------------------------------------------------------------------
To REMOVE yourself from this mailing list, send an E-Mail message
to: [EMAIL PROTECTED] (note EXACT spelling of 'ListGuru') and in
the message BODY, include a line containing: UNSUB ORACLE-L
(or the name of mailing list you want to be removed from).  You may
also send the HELP command for other information (like subscribing).

Reply via email to