Wednesday, January 6, 2010

Is the IT Job Market Stabalized?


Janco has just released its 2010 IT Salary Survey, which shows that overall pay has stopped falling and has flattened out. In addition the survey show an increase in hiring demand for some IT professionals. The CEO of Janco, Victor Janulaitis stated, "The economic climate is still driven with a cost cutting mindset, business closures, and extensive outsourcing. However the worst seems to be over as salaries for IT professionals are no longer falling. " The CEO added, "...many 'baby-boomers' who had planned on retiring in the next few years are not leaving the job market frustrating middle aged workers who want to advance."


More information on the IT industry can be found at www.supportindustry.com


1 comment:

IT Manager said...

Those numbers are right on. We have adjusted our payscales to these market conditions and still are able to hire excellent talent.