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This may be related in a roundabout sort of way...
http://uk.news.yahoo.com/010613/80/bv1jv.html <http://uk.news.yahoo.com/010613/80/bv1jv.html>
Wednesday June 13, 01:55 AM
Top tech salaries down for first time since 1985
SAN FRANCISCO (Reuters) - Salaries for the highest-paid bracket of
information technology managers have fallen for the first time since 1985,
according to a new survey.
Benchmark salaries for chief information officers at large companies are
down nearly 37 percent from last year, according to the survey released on
Monday by management consulting firm Janco Associates.
By the same measure, which is intended to capture the average pay on offer
for top-performing executives, salaries for CIOs at medium-sized companies
were down 31 percent, M. Victor Janulaitis, chief executive officer of Janco
Associates, said on Tuesday.
Although the survey only looked at information technology managers, the
trend is much broader, he said.
"Executive level salaries are decreasing across the board because they're so
tied to the stock market and to the company's performance," Janulaitis said.
The worsening economy is driving down corporate earnings and lowering
performance-based bonuses which have historically been used to reward top
executives.
Large companies are freezing hiring and extending the periods between normal
salary increases, while others are outsourcing Internet functions rather
than paying people to manage them in-house, he said.
Janulaitis expects that California's energy crisis will also have a negative
impact on executive salaries down the road as companies are forced to take
even more drastic measures, such as moving out of state or cutting salaries,
to offset higher energy costs.
"There's a strong indication that even if the economy turns around in the
third or fourth quarter a lot of these positions will not recover as rapidly
as before. People won't go out and spend money on IT professionals and new
software upgrades," he said.
While top technology positions have being adversely affected by the
slowdown, the survey found that certain positions dealing with newer
technologies like Java and e-commerce applications were actually seeing
small increases in the top pay offered.
The survey, conducted by Park City, Utah-based Janco, included information
about more than 70 U.S. and Canadian technology executive positions.
Patrice Boivin
Systems Analyst (Oracle Certified DBA)
Systems Admin & Operations | Admin. et Exploit. des systèmes Technology Services | Services technologiques Informatics Branch | Direction de l'informatique Maritimes Region, DFO | Région des Maritimes, MPO
E-Mail: boivinp_at_mar.dfo-mpo.gc.ca <mailto:boivinp_at_mar.dfo-mpo.gc.ca>
-----Original Message----- From: Joe S. Testa [SMTP:jstesta_at_dorseyplus.com] Sent: Wednesday, June 13, 2001 10:16 AM To: Multiple recipients of list ORACLE-L Subject: OT SPAM : Become an Oracle Certified DBA in 5 Weeks Did anyone else on the list get this stupid spam besides me? thanks, joe -----Original Message----- To: jstesta_at_dorseyplus.com Sent: 6/12/01 5:48 PM OraKnowledge eBoot Camp for the Oracle8i DBA Track OraKnowledge has created a blended e-learning program that GUARANTEES Oracle DBAs will become certified. The 5-week program combines the best of self-paced and instructor-led e-learning utilizing:
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-- Please see the official ORACLE-L FAQ: http://www.orafaq.com -- Author: Boivin, Patrice J INET: BoivinP_at_mar.dfo-mpo.gc.ca 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: ListGuru_at_fatcity.com (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).Received on Wed Jun 13 2001 - 11:11:07 CDT