IT jobs outlook for 2009: The good and the bad

It's inevitable that compenstation will go down: As the number of jobs declines so will compensation as there isn't the same need to pay the same salary/wages to keep employees.

Also as employees (and contractors) are the largest expense on any company's books as the economy declines employers will reduce pay to save money just as night follows day.

Also, the shortage seems to have vanished which makes overall hiring plans clearer and again reduces the need for higher compensation.

Simple economics there.

ttfn

John; Posted by: TtfnJohn Posted on: 01/27/09 You are currently: a Guest | Members login | Terms of Use

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h1b magallanes | 01/27/09

Average salary Silent Observer | 01/30/09

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