IT Salaries and Hiring Are Up — But Just To 2008 Levels 198
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by
timothy
from the living-in-the-average-of-past-and-future dept.
from the living-in-the-average-of-past-and-future dept.
tsamsoniw writes "A mid-year salary survey has a mix of good and bad news for IT professionals: The good news, hiring is slowly increasing as companies bring more IT operations back in house and salaries are creeping up a bit. But compensation (including benefits) are just now reaching 2008 levels — and hiring will remain soft, at least until the presidential election is over."
Re:Citation needed (Score:1, Informative)
1) The "Bush Tax Cut" which ensured the US federal government had insufficient taxes to do their job, combined with the trillions spent on overseas wars.
Passed by Both Houses of Congress based on what was thought to be good information at the time. [wikipedia.org]
It's never that simple and easy, every single vote by every last member is a twisted web of politics and inside deals.
3) An obstinate congress which blocks anything, regardless of whether or not it is good for the country.
Oh Like when Obama's Administration with a Democratic House and Senate majorities failed to pass budgets? [foxnews.com]
Ok, now you're just trolling. But what the hell...
You can replace that with "Oh, Like when Any President with a Either Party House and Senate majorities failed to pass Whatever Legislation . (And then point it to a reputable source such as the Congressional Voting Record [google.com] instead of a hack of a news channel.)
Re:Hirring for IT has always been strong. (Score:2, Informative)
The only way you are ever going to go over the 100k mark and above you need to specialize in an area that is hot and always remain hot.
This just isn't true. Here, for example, in the Bay Area, salaries for mid-level-and-above developers of all types are higher than $95K/year. People with 5+ years of experience have no trouble finding jobs $100K/yr. And for those of you thinking that it's merely a cost-of-living adjustment, I can tell you it's not. I lived in Ohio for 7 years and the cost-of-living differential is somewhere between 10% and 15% but the salary differential is between 30% and 80% (or more).
The issue is, as one poster above put it, that Silicon Valley and the Bay Area are where the jobs are and if you're in IT and want good pay, this (and some parts of NY) are the place to be.
Re:Citation needed (Score:5, Informative)
The best thing a government can do for an economy is get out of the way.
That's what conservatives did: weaken financial regulations, lower taxes, etc. The result was the disaster of the Bush presidency culminating in the financial crisis of 2008, which we are still feeling the effects of.
Sorry, but this mantra conservatives keep preaching is demonstrably false.