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Staffing Newsletter
from eJobdescription.com - a division of Janco Associates -- January 5, 2009

In This Issue

IT Hiring Kit

Participate in the Survey

IT Salaries Impacted in the Downturn

IT Hiring Kit
Everything you need

IT Hiring Kit

Silver & Gold Editions $735 - $1,289


The IT Hiring Resource Kit - Silver Edition includes 2008 salary survey(PDF), 2008  salary data (Excel) for 73 key IT positions and 73 full job descriptions (Word).

The IT Hiring Resource Kit - Gold Edition hiring kit come in editions with the complete set of 220 Internet and IT Job Descriptions in WORD 2003 and WORD 2007 Formats.

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Participate in the survey get a summary
e-mailed to you when it is completed

Participate by providing us valid data and we will be able to download a complimentary copy of the summary results upon its completion. In addition,  you may be eligible to purchase the full study at a significant discount.

These results will be available in July.  To participate, simply click the Participate link below and complete the on-line Compensation Survey.

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IT Salaries Impacted in the Downturn

IT Salary Survey 2009

The prospects look grim for IT professionals.  A perfect storm driven by the recent world wide economic downturn, company closures, lay-offs, cost cutting, outsourcing, and retirees who have had to return to the job market because of the lost value of their investment portfolios have created a surplus of IT talent.  The CEO of Janco Associates, Victor Janulaitis said, "The job market for IT professionals is one of the worst that I have seen since the late 1970's.  There is a surplus of IT talent and companies are in a cost cutting mode. The dot com bubble was a cake walk compared to this job market."

The January 2009 IT salary survey reflects the market conditions of today and a summary of Janco's findings are:

 

  • Overall compensation for IT professionals is down for the first time since the dot-com bubble
  • Hiring demand is the lowest that we have seen it in the 15 plus years that we have conducted this study
  • Companies are reducing the number of IT contractors that they using
  • Fringe benefits are being reduced by companies
  • Supply of IT professionals is at a very high level due to lay-offs, deferred retirements, and individuals trying to re-enter the IT job market because they can not find other jobs or have found they can not stay retired with the decrease in value of their retirement accounts. 

 

 
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