Communications of the ACM
Flat Pay Turns It Workers Into Job Seekers
As a result of companies cutting salaries, holding back on bonuses and piling more work on employees during the economic downturn, many IT professionals are now looking to change their jobs. According to Computerworld's latest salary poll, more than one third (36 percent) of the 343 respondents say they are looking to move to a new employer in the next six months. For employers, this means that as the economy improves, they should be taking steps to ensure that their most talented IT workers do not leave for something better.
According to the Computerworld salary poll, there are several reasons why employees are thinking about leaving. Most importantly, 69 percent have not received a pay raise in the past six months. Job satisfaction rates have also stagnated: compared with six months ago, satisfaction with compensation has declined with 32 percent. In fact, 20 percent of respondents say they were making less money than they were two years ago. Forty-six percent say they are less satisfied with their advancement opportunities than they were six months ago, compared with only 14 percent who say they are more satisfied.
Nevertheless, it's still an employer's market. Only 37 percent of respondents to the poll say their company is currently hiring in its IT department. The recession has changed how employers hire workers, with employers becoming much more particular about whom they are going to hire. Jobseekers should expect a technical interview, probably over the telephone, before a face-to-face interview. There is also a new focus on hiring contract employees before bringing them on full time. Employees in the best position to find new opportunities have business analytical skills and can work with outsourcers. If you can get the right skills training, you can expect a boost in salary to follow.
From Computerworld
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