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James M. Connolly

6 Years of IT Toil Is Worth, Um, a 3% Raise

James M. Connolly
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Shepy
Shepy
11/28/2013 7:00:34 AM
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Re: so fast
I'd imagine so, if so much of my work was not resource intensive at times I would love to move more of it over to a more portable scenario of a tablet.

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James M. Connolly
James M. Connolly
11/21/2013 12:52:36 PM
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Re: so fast
Doing a quarter of your work on the tablet or phone is solid evidence of how fast things have changed. And, the 25% would be low to some people.

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Shepy
Shepy
11/21/2013 9:31:50 AM
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so fast
"Consider that six years ago, the iPhone had just been introduced, but it was still a novelty rather than a corporate mainstay, and the iPad was three years away from the market. A few people were using what amounted to cloud services but the cloud hadn't yet caught the attention of the CEO and a thundering horde of marketing people."

That really is crazy when you think about it, at least 25% of my daily tasks now are performed on tablet or phone. 

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Cloudtech
Cloudtech
11/14/2013 3:50:57 AM
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Re: Inflation rate and salary hike
"Remember though, that a 15% increase in the cost of commuting to work doesn't represent a 15% increase in the cost of living."

James, I understood that and meant in a different way. If the aggregate inflation figure comes to 10%, then this 15% can be get adjusted in it and rest for saving.

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James M. Connolly
James M. Connolly
11/12/2013 9:28:22 AM
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Re: Inflation rate and salary hike
@Cloudtech. Remember though, that a 15% increase in the cost of commuting to work doesn't represent a 15% increase in the cost of living. That number also includes things like housing cost, food, telecom, insurance/healthcare, and many other factors. So the 15% doesn't directly correlate to the inflation rate.

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Cloudtech
Cloudtech
11/11/2013 10:56:45 PM
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Re: Inflation rate and salary hike
"if you live in a place where tolls, trains, bus, or subway fares have gone up, your daily commute likely costs you 15% more, not just 2% more. "

Ariella, if we are able to get a hike somewhere between 10-15%, then its fine otherwise we won't be able to maintain the same living standards.

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Ariella
Ariella
11/11/2013 1:09:15 PM
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Re: Inflation rate and salary hike
@CloudTech that's true. For example if you live in a place where tolls, trains, bus, or subway fares have gone up, your daily commute likely costs you 15% more, not just 2% more. 

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Cloudtech
Cloudtech
11/9/2013 12:35:49 AM
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Inflation rate and salary hike
"Well, at least you can admit that a 3 percent pay raise beats the proverbial kick in the teeth. In a research brief, Computer Economics says that its 2014 IT Salary Report shows that the typical IT worker will receive a pay raise in that 3 percent range"

James, after adjusting it against the inflation rate, effectively employs are getting only 1.2% hike. I personally feel its too low because for calculating the inflation rate, many essential commodities prices are not accounted. This static's only depends up on certain items, which government is accounted.

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Ariella
Ariella
11/7/2013 9:29:08 AM
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Re: That figure
@David too true. I gave up on using sites like oDesk and elance becasue they had people looking for writers willing to work for what amounts to less than minimum wage. Some even tried not to pay at all, indicating that the writer hired would not get paid at all if the promotional materials s/he was hired to write didn't translate into actual sales. 

I'm reading Jack London's Martin Eden now. The protagonist attempts to make a living at writing and is appalled to discover that when he was given to expect a rate of 2 cents a word, he was paid a rate of 1/10 cent per word, and often he was stiffed altogether. The story takes place over 100 years ago, but things haven't changed all that much -- except that we no longer have to waste money on postage mailing out the manuscripts.

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James M. Connolly
James M. Connolly
11/7/2013 8:34:15 AM
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Re: That figure
@Rich. Valid point about the inflation rate being adjusted. I think Computer Economics used that 1.8 percent inflation rate as a simple point of reference, not as something that is statistically valid. As we've seen over the years these numbers get tweaked and readjusted over time, so that by the time they are valid, so much time has passed that they are aren't relevant any more.

One thing about the IT skills shortage. Yes, if there was a broader skills shortage salaries would jump because IT pros would be in demand. What I've seen in interviewing recruiters and hiring managers is that the skills shortage is more focused. Companies have been running into trouble filling jobs that call for combinations of emerging technical specialties and "soft" business skills.

So, they may be specifying that they want candidates with experience in one of the newer programming languages as well as experience in their market, like banking or manufacturing. Or, the want expertise in analytics and in retail. Established IT pros may have the industry experience but not the emerging tech skills. New grads might have the technical skills but not the experience. So, they might take six months to a year to fill a single job.

Personally, I think it's short sighted. They might be better off taking some of their brighter on-staff IT people and sending them off-site for a couple of months to work with the new language or tool and come back ready to leverage their business experience.

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