RE: salary idea

  • From: "Bellows, Bambi (Comsys)" <bbel5@xxxxxxxxxxxx>
  • To: "Ethan Post" <post.ethan@xxxxxxxxx>
  • Date: Tue, 15 Jun 2010 14:23:12 -0500

Well, there is another trend that you are not taking into account and
that is the apparently cyclical nature of off-shore/on-shore in
technical work.  Technical work, it seems, is alone in that the push to
off-shore resources today results in a push to on-shore resources
tomorrow.  Not as many, perhaps, but, the result, at least in my
experience, is that the lower-end work tends to stay off-shore and the
higher-end work tends to come back.  As the ranks of the lower-end
technical resources are large, and there is less work for them, perhaps
they find other work in the meantime or otherwise take themselves out of
the market.  Therefore what you see is fewer and fewer available
high-level people for more and more high-level work, which would result
in higher wages on the high-end and lower wages on the low-end, which
is, in fact, what I am seeing here.  I mean, we're not at 1997 levels or
anything like that, but the plunge in rates and salaries seems to have
stopped and both are becoming to come up.  Again, from my localized
experience, and again, YMMV.

 

________________________________

From: Ethan Post [mailto:post.ethan@xxxxxxxxx] 
Sent: Tuesday, June 15, 2010 1:25 PM
To: Bellows, Bambi (Comsys)
Cc: kjped1313@xxxxxxxxx; mdinh@xxxxxxxxx; Brian.Zelli@xxxxxxxxxxxxxxx;
oracle-l-freelists
Subject: Re: salary idea

 

If that is the case and perhaps it is it can only mean that demand is
increasing and supply is decreasing, or we are seeing inflation. Since I
believe we are currently in a deflationary cycle the latter is not
likely. If salaries are on the rise I would not expect that to hold true
for long. For one, there are still many areas of our profession that can
still be commoditized and there are now and will continue to be
financial pressures from the economy to continue to cut costs and to
drive out inefficiency. Think Oracle doesn't have plans to manage your
databases? Just because they can't do it today don't think they won't be
able to someday and that they don't have bright people thinking about
how to do it. What is going to drive all this is the struggling economy
which I believe is going to continue for many years to come. The other
issue is the economy, there is no real recovery (my opinion) and we are
headed into many years of trouble. This means less spending in all non
governmental sectors, less investment and high unemployment. That is
lower demand and higher supply. All of this is going to add up to lower
salaries in the future. If salaries do go higher it will be when
inflation eventually kicks in and your buying power will not be any
higher.

Fun conversation, hopefully I did not stray too much off topic. I have
been studying economics for the past couple years as a hobby. If any of
this interests you and you are looking for one good blogger to read on
this subject I would recommend Mish Shedlock (just google Mish). There
is also a good Google Talk by Mish on youtube.




On Tue, Jun 15, 2010 at 1:00 PM, Bellows, Bambi (Comsys)
<bbel5@xxxxxxxxxxxx> wrote:

Actually, I'm with Kellyn.  The price of DBAs is finally heading back
up.

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