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| Current News
When
CIOs start to think about compensation for their staffs, they need to consider
their own compensation. Some of the
questions that they should ask themselves are:
(CNET News.com) Google has found its new chief
information officer, a programmer who rose through the ranks to run much
of Morgan Stanley's computing infrastructure. The new CIO was a managing director who led
the Morgan Stanley Application Infrastructure group. According to an internal Morgan Stanley
memo, the new CIO will leave Morgan Stanley at the end of the month to
pursue opportunities outside the firm. The memo also indicated that the new
CIO is no stranger to Google. While at Morgan Stanley, one of his projects
was working on initial public offering of Google in 2004, the memo. The last CIO at Google, left to become
president of the EMI digital unit. Earlier this month, rumors surfaced
that Morgan Stanley executive would be the new Google new CIO.
Running the Google computing infrastructure is a daunting challenge on which
the companys success hinges. Google not only has thousands of servers housed in
at least 36 data centers scattered around the globe, but also a
build-it-yourself culture that means the company is responsible for maintaining
much of its own technology. The CIO worked for Morgan Stanley computing operations for nearly 14 years including having worked on first Morgan Stanley Web site, its workstation software, and its intranet. more
H-1B visa program is not working as it should be
based on the statistics that have been given to congress:
The U.S. Bureau of Labor Statistics says one
in four workers will be 55 or older. And particularly in IT, there is not a
big influx of new talent. According to the Computing Research Association,
computer science enrollments dropped 14% each year between 2004 and 2006.
Although IT organizations certainly understand
these workforce trends, many are not taking significant measures to mitigate the
risks that the loss of intellectual capital seems to portend. Even outside of
IT, many companies seem unconcerned by boomer retirements. In a 2006 survey of
488 companies only 42% of the respondents said that the aging workforce was a
significant issue, and 29% said it had little or no significance. And in a nationwide study of 550 human resources
managers conducted by Monster.com last summer (view PDF), only 12% of the respondents said they consider knowledge
retention a high priority within their companies, even though one-third said
they expect at least 20% of their workforce to retire in the next
decade. The inescapable conclusion seems to be that many
businesses are perfectly content to see their boomers walk out the door. And
because so few organizations have taken the retirement issue seriously,
companies that want to transfer knowledge from older to younger workers have few
models to follow. As a result, those that are attempting to get ahead of the
retirement wave are finding themselves pretty much on their
own.
(IDG News Service) AT&T Inc. plans to lay off 1.5% of
its employees, primarily in management, in an effort to streamline its
operations, the company said today. AT&T expects its total number of employees to
remain stable in 2008 as the company hires additional employees to support
growth areas, AT&T said in the filing. In 2007, the company added about
7,000 employees, said an AT&T spokesman. This initiative is part of the companys move from a
collection of regional companies to one AT&T focused on customers, AT&T
said in the filing. The layoffs mean AT&T will take a
one-time charge of $374 million during the first quarter of 2008. AT&T is
scheduled to announce its first-quarter earnings Tuesday. AT&T reported a net income of $3.1 billion for
the fourth quarter of 2007. It's revenue for the quarter was $30.3
billion.
(eWeek) While women hold
51 percent of professional jobs in the United States, they make up only 26
percent of the IT work force, according to the National Center for Women &
Information Technology. Furthermore, fewer women worked in IT in 2008 than in
2000. But the loss of women in the technology field
begins long before they reach the professional level. The proportion of CS
(computer science) bachelor's degrees awarded to women has fallen from 36 to 21
percent between 1983 and 2006. Dr. Stephen Bloch, a professor in the Department of
Math and Computer Science at Adelphi University in Garden City, New York,
told eWEEK that computer science degree enrollments have been in the toilet
since 2001.
CIOs and CTOs need to be part of the
executive management team in order to succeed. They must:
(Reuters) -- U.S. private sector wage
growth should continue to accelerate in the months ahead on the back of a
healthy employment climate, according to a survey released Tuesday. The Bureau of National Affairs Inc., a
Washington, D.C.-based news publisher, said its revised third-quarter Wage Trend
Indicator rose to 100.86 from the final second-quarter index of 100.72. BNA put
the initial third-quarter reading at 100.92. "We expect year-over-year wage increases
to continue to accelerate modestly, even though the pace of job growth has
slowed recently," said economist Kathryn Kobe, who worked on the development of
the index for BNA. The indicator recorded its ninth straight
quarterly increase for the first time since 1996-1998, BNA said. A sustained increase in the indicator
generally foreshadows increased pressure for higher wages, BNA
said.
Your
job may be at risk when:
As part of its cost-cutting measures, Dell plans to
close a desktop-PC manufacturing plant in Austin. A massive shift in customer
preference for notebooks over the past three years was also a major factor in
the decision to close the plant, said a Dell executive. The company has already reduced its workforce by
3,200 people and plans to cut around 5,600 more jobs.
A foreign student needs a degree to qualify for an
H-1B visa, but seniors who are graduating this spring won't have their degrees
before next Tuesday the day that the U.S. Citizenship and Immigration Services
will begin accepting H-1B petitions for the government's 2009 fiscal year. The USCIS may get more than enough applications for
all of the available visas 85,000 all told, including 20,000 set aside for
people who hold advanced degrees from U.S. universities on April 1 alone. That
means upcoming graduates likely will have to wait until next year to apply. And
if they didn't succeed then in getting H-1B visas through the government's
random lottery process, they could be forced to leave the U.S. under current
student-visa rules. Proponents of changing those rules say that
increasing the amount of time a foreign graduate could work in the U.S., under a
program referred to as Optional Practical Training, would give students a better
chance of getting H-1B visas. In addition, the proposed change could be made
administratively, without any legislative action. Supporters of the idea have
been urging the U.S. Department of Homeland
Security, which oversees the USCIS, to approve
the extension.
1. Go to the Human Resource
department they can tell you what the company is offering your 2. Understand what Benefits
you are entitled to 3. Know what monies you are
due for the time up to your getting a pink slipe 4. Understand what rights you
have a. Review your
employment agreement if you have one b. If there is a union see
what are entitled to c. Review your original
offer letter d. Know what the formal
policies of the company are as part of the ERISA for pension and health plans 5. Understand how severance
does and does not work 6. If you are asked to sign a
release know what rights you are signing away
Under the rule, the USCIS will prohibit companies
from filing multiple H-1B petitions for the same employee. These changes will
ensure that companies filing H-1B petitions subject to congressionally mandated
numerical limits have an equal chance to employ an H-1B worker, the agency said
in a statement. If caught, prospective employers
risk having all of their petitions for H-1B visas denied or revoked. There is an
exception, however. The rule does not preclude related employers, such as a
parent company and its subsidiary, from filing petitions on behalf of the same
worker for different positions, based on a legitimate
need.
On average, in dollar terms (deflated to 1999
figures), IT professionals with MBAs earn more than $24,000 per year than those
with only bachelors degrees and more than $17,000 per year than those with
other masters degrees after controlling for a variety of demographic and
institutional factors.
Is that a reflection of thier membership or the real
world? One thing that was not included was a full job description for the
role of CIO. Many individuals say they are CIOs, but are they really?
eJobDescription.com has a
full job descripition in its Internet and
Information Technology HandiGuide - 2008 which has just been
updated to meet all of the compliance requirements mandated by
Sarbanes-Oxley, Federal requirments, and the new ISO 27001 Secruity
Requirements Standard.
There
is a wide gap between the information technology (IT) security skills that
organizations want and the corresponding skills that workers bring to the job,
according to a new survey commissioned by the Computing Technology Industry
Association (CompTIA). Add
to that, despite worries of a recession, about one in five CIOs at larger firms
expect to hire new workers in the second quarter, according to new
research. Robert
Half Technologys new hiring survey finds that while the vast majority of
businesses expect IT staffing to remain stagnant next quarter, a net of 12
percent say they will add workers. That
gain represents a slight uptick from this quarters projected hiring levels but
holds firm with the second quarter of 2007. Companies with more than 1,000
employees foresee the greatest hiring increases, with a projected net rise of 19
percent. The
uptick, regardless of how small or large, may surprise those who think the
economic downturn will ultimately cause staff cuts. But with plenty of companies
seeing positive signs, an increase in hiring should not come as a
shock. Security
tops the list of the technology skills that are most important to organizations
today, according to the survey of more than 3,500 technology professionals in
North America, Europe and Asia. But there is a significant gap in the security
skills available among today's tech workforce, the survey
reveals. Among
organizations surveyed in nine countries with established IT industries
(Australia, Canada, France, Germany, Italy, Japan, the Netherlands, United
Kingdom, and United States), 73 percent identified security, firewalls and data
privacy as the IT skills most important to their organization today. But just 57
percent said their IT employees are proficient in these security skills, a gap
of 16 percentage points. The
gap is even wider in five countries where the emergence of a strong IT industry
is relatively recent (China, India, Poland, Russia, and South Africa). Among
respondents in these countries, 76 percent identified security as the top skill
their organization needs; but just 57 percent said their current tech staff is
proficient in security. That's a difference of 19 percentage
points. Summary
results of the study are as follow:
Skills Important
Proficient Security/Firewall/Data
Privacy 74% 54% Networking
/ Network Infrastructue 66% 59% Operating
Systems 66% 65% Hardware 57% 60% Server
Technology 57% 49% Management
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