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Seen any change in your paycheck since 2009 began? Probably not, but that’s not news to the folks at Yoh, an IT staffing agency that tracks how much — or little — techs make.
According to the most recent Yoh Index of Technology Wages, tech wages remained mostly unchanged in the first quarter of 2009.
And given the sorry state of the economy, staying steady is about as good as it gets.
“While the market for technology workers remains sluggish, we are starting to see stability in pay rates,” says Bill Yoh, President and CEO of Yoh. “Wages have remained relatively unchanged from the end of 2008 and moving into early 2009. Companies are continuing to hold steady, adopting a ‘wait and see’ attitude. As economic recovery begins to take hold, we should see a gradual uptick in wages. We won’t see complete revitalization immediately, but these wages can be one of the first indications of economic restoration.”
Compiled quarterly by Yoh, one of the world’s largest recruiting services firms for high-impact technology and professional talent, the Yoh Index of Technology Wages is used by many to determine quarterly salary scales. Each Yoh Index of Technology Wages report identifies the top job titles in highest demand and provides an index to compare current average wages over the same period last year.
Based on conversations with more than 9,000 hiring managers in over 15 major metropolitan areas, Yoh has determined the skills most in demand across the U.S. Skills that appeared most frequently nationwide included:
- .net/C+ developer
- Java developer
- project manager
- SAP consultant
- Quality assurance
- Clinical research associate
- Network engineer
- Software engineer
What makes Yoh’s index different from other wage surveys? The index is actually built on data that’s compiled by Yoh’s 75 U.S. field offices.
It uses actual employment activity of as many as 5,000 technology professionals outsourced on short- and long-term projects by more than 1,000 of the nation’s top employers in the aviation, engineering, information technology, manufacturing, scientific, telecommunications and utility industries.
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