[jsfg_cinti] ARTICLE: Are IT Salaries about to jump?

Dear JSFG Folks,

Here's some potential good news for IT folks.  Both
for  those who are working and those who are looking. 
The fact that there is a scarcity of IT workers means
that job seekers should have an easier time landing
that next job.  And since salaries have been flat for
the last few years in the IT field, that scarcity may
also lead to healthy increases for IT workers.  At
least we hope so!

Regards,
Lance


------------- Begin article excerpt -------------- 
http://channelmarker.blogs.techtarget.com/2007/02/20/are-it-salaries-about-to-jump/?track=NL-673&ad=579162&asrc=EM_NLN_1031070&uid=1390014
or
http://tinyurl.com/3byq5q

Are IT Salaries about to jump?
The IT Channel Weblog - Posted: February 20th, 2007

Finding good IT technicians is getting harder, and
companies may have to start paying more to get and
keep consultants, according to a study of IT salaries
by Computer Economics, Inc., a research firm based in
Irvine, Calif.

The company?s 2007 IT Salary Report found that half of
companies surveyed will increase their IT staff by 5%
or more in the next year. Factor in that fewer college
students are studying to be IT consultants, and
consulting firms could find it harder to fill their
payrolls, according to Mark McManus, vice president of
IT research at Computer Economics.
...
So far, IT salaries have not skyrocketed. After
several years of fairly stagnant pay rates, salary
increases started accelerating in 2005, according to
the report. They have now reached an average of 3.8%,
although that is still below the average increase of
4.2% for all professions as reported by the U.S.
Bureau of Labor Statistics in 2006, according to the
Computer Economics report.

That rate is also before inflation, which the Bureau
of Labor Statistics reported at about 3.26% from 2005
to 2006. But McManus said he expects worker shortages
in IT will cause a ?jump? in salaries this year,
sparking a bidding war for companies trying to get the
best employees.


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