It appears you have not yet registered with our community. To register please click here...

 
Go Back [M] > Madshrimps > WebNews
Software developers suffer two percent pay cut Software developers suffer two percent pay cut
FAQ Members List Calendar Search Today's Posts Mark Forums Read


Software developers suffer two percent pay cut
Reply
 
Thread Tools
Old 21st May 2013, 07:06   #1
[M] Reviewer
 
Stefan Mileschin's Avatar
 
Join Date: May 2010
Location: Romania
Posts: 111,700
Stefan Mileschin Freshly Registered
Default Software developers suffer two percent pay cut

The US software jobs market might have grown by nearly 64,000 jobs last year, but as the workforce expanded, the average size of workers' pay checks declined by nearly two percent.

According to ComputerWorld, new workers being hired are paid less than those already on the job.

The TechAmerica Foundation, in its annual Cyberstates report, said that the average annual wage of all workers in the software services sector was $99,000 in 2012, about $2,000 less than last year.

Matthew Kazmierczak, a senior vice president at TechAmerica, said if there was a lot of hiring in an industry and the pay for new hires is below average, the average wage would fall.

What could be happening is that the new hires are mostly entry level or people without the same specialised skills or years of experience.

It is also possible that the recession is being used as an excuse to keep wages for new hires low as more workers are competing for jobs.

The cyberstates report puts the tech labour force at 5.95 million in 2012, an increase of 1.1 percent from last year. Of that, 1.87 million workers are in software services jobs.

The software services category includes government defined labour categories like software publishers, custom programmers, computer facilities management and other computer related services. They are supposed to be the best paid and the largest segment of the tech work force.

The next largest, engineering and tech services, employs 1.62 million. Wages for workers in this segment increased by $1,500 to $92,500. But unlike software services, job growth was modest, increasing by only 11,300 last year.

http://news.techeye.net/business/sof...ercent-pay-cut
Stefan Mileschin is offline   Reply With Quote
Reply


Similar Threads
Thread Thread Starter Forum Replies Last Post
Jelly Bean now on 13 percent of Android devices, 45 percent still on Gingerbread Stefan Mileschin WebNews 0 6th February 2013 09:10
Intel Gears Software Developers Up for Windows 8 Stefan Mileschin WebNews 0 8th August 2012 09:32
Apple and Samsung have over 55 percent of the smartphone space, 90 percent of its mon Stefan Mileschin WebNews 0 18th June 2012 09:54
Intel's Ivy Bridge will offer '20 percent more performance with 20 percent less avera Stefan Mileschin WebNews 0 24th April 2012 07:23
ICS reaches 2.9 percent of active Android devices, 63.7 percent still on Gingerbread Stefan Mileschin WebNews 0 3rd April 2012 08:34
All web browsers suffer from terrible security jmke WebNews 0 3rd March 2011 15:31
Intel and Microsoft to Assist Software Developers in Taking Advantage of Multi-Core jmke WebNews 0 19th March 2008 22:40
AMD Makes SSE5 Specifications Available to Software Developers jmke WebNews 0 31st August 2007 13:53
MSI K9N motherboards suffer random shutdowns jmke WebNews 2 8th September 2006 15:46
Intel to suffer more than AMD in price war? jmke WebNews 3 1st August 2006 20:26

Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are Off


All times are GMT +1. The time now is 14:37.


Powered by vBulletin® - Copyright ©2000 - 2019, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO