Project Managers are a Bright Spot in the IT Job Market
Janco released its 2009 Mid Year IT Salary Survey
which shows that overall pay has declined for IT Professionals in the past
18 months. Janco also found that demand is down for IT
Professionals. Project Managers are one of the few bright spots in the market,
especially in large
enterprises.
|
Project Manager -
Titles |
Large
Enterprises |
Mid-Sized
Enterprises |
| Applications |
$94,471.74 |
$80,058.56 |
| Distributed
Systems |
$95,658.06 |
$86,119.15 |
| Network Technical
Services |
$89,257.62 |
$62,462.99 |
| Systems |
$89,004.99 |
$89,193.04 |
The one Project Manager type that has been impacted the most
by the economy is Network Technical Services. That is the area where many
enterprises (Mid-sized Enterprises in particular) have made cuts.
Currently the Mid-Atlantic
market is toughest place to find a job.
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IT Executive Salary Medians Fall
Janco Associates is just completing its 2009 Mid
Year Salary Survey and found that the median salaries paid to IT Executives in
large enterprises (over 500 million in sales or with more than 100 IT
professionals) has fallen in the last 18 months.

The CEO of
Janco, Victor Janulaitis said, "Over the last six quarters there has been a
noticeable reduction in costs associated with senior level IT professionals
in large enterprise. In New York alone there are over 200 IT executives
that had earned well into the six figures that are now looking for
work."
The
2009 Mid Year IT Salary
Survey will be released at the end of June and more information can be
gotten at Janco's websites.
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Staffing Needs to Address New Application Approaches
CIO's need to adjust staffing requirements to
address the needs of 2010 versus 1990. Application achitecture has and is
continuing to change.
|
1990 Applications |
2010 Applications |
|
Mainframe - Host Based |
Web - Server Based |
|
Designed
to last |
Designed to change |
|
Tightly
integrated |
Open Architecture, modular |
|
Application
silos |
Enterprise Mirrors |
|
Code-oriented |
Process-oriented |
|
Rigid
sequential development - SDM |
Interactive
and iterative development - SOA |
|
Cost-centered |
Business-oriented |
|
Homogeneous |
Heterogeneous |
Job content is changing as well as knowledge
requirements.
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How to Tell if the CIO's Job is at Risk
What
are the signs that the CIOs job is at risk. Unfortunately, many CIOs have a hard
time recognizing their own shortcomings. CIOs and IT managers should watch
for these signs that could indicate that co-workers have a problem with
them:
-
Meetings happen without the CIO or IT manager being involved or
informed.
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The CIOÂ’s or IT ManagerÂ’s feedback and input are not sought or
are ignored.
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CIO or IT manager are not included in strategic
planning.
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The IT department suffers from high turnover, and the CIO or IT
manager have a particularly hard time keeping top-tier talent.
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People work around the CIO or IT manager.
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The business-side peers seek out others in IT to handle their
problems, while IT staffers seek out other IT leaders or even go over your
head.
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The CIO or IT manager don't hear bad news directly from those who
should be delivering it. (It could indicate that they are not good at taking
criticism or handling problems.)
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How to avoid the courtroom for employment lawsuits
The Internet and IT Job Description
HandiGuide is a tool that every CIO and IT manager should have at their
disposal. It defines some simple
things that you can do to avoid employment-based lawsuits:
-
Know
the laws that apply – EEOC and OSHA
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Create
an employee handbook and follow it for everyone
-
Minimize the use of employee contracts
-
Retain
copies of your offer letter
-
Document all employment-based conversations
-
Do not
assume that "transferring" an employee will solve a problem
-
Hire
well and do detail vetting and reference checking
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Be
proactive any all personnel issues
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Top Reasons For CIO and IT Manager Failures
The top reasons why CIOs and IT Managers lose
their jobs are:
-
Inability to communicate
effectively
-
Poor interpersonal
skills
-
Lack of leadership
skills
-
Inability to accept new solutions - locked into
doing things the same old way
-
Inability to deliver systems and expected
results
-
Not meeting budget (time and dollars)
expectations
- Inability to see beyond technology - missing business
objectives
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IT Job Market Impacted In The Far East
(Reuters) -
Private business activity in Hong Kong stayed below growth levels for the 11th
straight month in May, but the speed of contraction eased
further as staff costs dropped sharply, a purchasing managers' survey showed
on Monday.
Respondents
widely commented that further falls in new business and an uncertain economic
outlook were key factors that contributed to the latest decline, Markit Group
Ltd, which compiles the monthly survey, said.
However,
overall cost burdens faced by private companies also fell as job layoffs
accelerated and staff costs marked their steepest drop since June 2003, the
survey showed.
The Hong
Kong purchasing managers' index (PMI) rose to a seasonally adjusted 44.77 in May
from 44.34 in April. A reading above 50 indicates growth in activity, while a
figure below 50 signals deterioration.
The survey
compares business conditions with a month earlier, based on data from Hong Kong
companies across industries including manufacturing, services, retail and
construction.
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Cities that are Growing In Spite of the Recession
(Forbes) The cities that are growing in
spite of the recession have: more business opportunities, better weather and
more affordable housing. The top three areas according to the data are Raleigh,
N.C., ranking first, which jumped 4.29% to nearly 1.9 million; Austin, Texas,
which came in second, with a 3.77% increase to almost 1.7 million; and
Charlotte, N.C., which moved up 3.36% to 1.7 million.
The in-migration that happened in the middle of
this decade certainly had a lot to do with the housing boom. When that went
bust, so did those crazy population balloons. But these particular places are
still growing because instead of building an economy that relies heavily on one
industry, most of the metro areas on Forbes' list serve as headquarters for a
diverse range of companies.
For example, Austin's biggest employers include the
University of Texas, Advanced Micro Devices and Dell. That wide range might have
something to do with the area's relatively low January 2009 unemployment rate of
6.4%.
This is the opposite of what happened in true
housing boom-and-bust towns like Las Vegas. In 2004, Las Vegas - a
foreclosure mecca - saw a population increase of 4.6%, followed by 3.66% in
2005, 3.98% in 2006 and 3.22% in 2007. In 2008, that number fell to
2%.
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Thousands of IT Jobs Continue to be cut Globally

Global IT
service providers continue to be adversely impacted by the economy as BT Group
plans to cut about 15,000 jobs.
This news comes on top of 15,000 job cuts the company made during its
fiscal year, which ended March 31. BT said that as part of its cost savings
program, it had reduced full-time employees during the year by 5,000, while also
reducing by around 10,000 the number of indirect employees working through
agencies or third party contractors.
Further reductions of a similar level are planned this year according to
BT. These moves by BT come as its
profits and revenue slide due to the global economic downturn, and fierce
competition.
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Lay-Offs Continue in the US IT Job Market
Microsoft Corp. laid-off 3,000 workers additional
workers in the US. This is second
wave of a major reduction the company announced in January. In a memo to
employees, CEO Steve Ballmer said more cuts are possible. In a letter to some
employees Ballmer said, "As we move forward, we will continue to closely monitor
the impact of the economic downturn on the company and if necessary, take
further actions on our cost structure, including additional job eliminations."
Janco Associates' predicts that if the
new taxes on un-captured offshore revenues are enacted Microsoft will be forced
to more of it operations outside of the US in order to maintain its competitive
advantage in the software market.
This would in turn mean ever-greater lay-offs in the
US.
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