Home › Forums › Financial Markets/Economics › IT Jobs ???? In San Diego ??? Anywhere ????
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March 5, 2009 at 2:22 PM #361382March 5, 2009 at 2:39 PM #360795nostradamusParticipant
Word flu. There aren’t a lot of EE jobs in SD right now.
March 5, 2009 at 2:39 PM #361097nostradamusParticipantWord flu. There aren’t a lot of EE jobs in SD right now.
March 5, 2009 at 2:39 PM #361238nostradamusParticipantWord flu. There aren’t a lot of EE jobs in SD right now.
March 5, 2009 at 2:39 PM #361279nostradamusParticipantWord flu. There aren’t a lot of EE jobs in SD right now.
March 5, 2009 at 2:39 PM #361387nostradamusParticipantWord flu. There aren’t a lot of EE jobs in SD right now.
March 5, 2009 at 2:59 PM #360805kewpParticipant[quote=JEEscondido]
I never understood why IT people, many with no degree, made substantially more than mechanical/electrical engineers, chemists, etc. many with advanced degrees. Maybe we’re finally seeing “reversion to the mean” for salaries in IT. [/quote]That would be me!
Its simply a matter of supply and demand. At the university where I work, a new <50k faculty position will attract thousands of applicants. All with Phd's, of course. A new 75k IT job, on the other hand, will be lucky to attract even a few good applicants. Degree or not.
I will admit that a plus of the down economy is that we are finding it easier to hire competent talent.
IT is also a young discipline. I'm only 35 and have worked under some of the pioneers in the field, including the inventor of C++. This stuff is still all pretty new and dynamic; hence competence still demands a premium.
March 5, 2009 at 2:59 PM #361107kewpParticipant[quote=JEEscondido]
I never understood why IT people, many with no degree, made substantially more than mechanical/electrical engineers, chemists, etc. many with advanced degrees. Maybe we’re finally seeing “reversion to the mean” for salaries in IT. [/quote]That would be me!
Its simply a matter of supply and demand. At the university where I work, a new <50k faculty position will attract thousands of applicants. All with Phd's, of course. A new 75k IT job, on the other hand, will be lucky to attract even a few good applicants. Degree or not.
I will admit that a plus of the down economy is that we are finding it easier to hire competent talent.
IT is also a young discipline. I'm only 35 and have worked under some of the pioneers in the field, including the inventor of C++. This stuff is still all pretty new and dynamic; hence competence still demands a premium.
March 5, 2009 at 2:59 PM #361248kewpParticipant[quote=JEEscondido]
I never understood why IT people, many with no degree, made substantially more than mechanical/electrical engineers, chemists, etc. many with advanced degrees. Maybe we’re finally seeing “reversion to the mean” for salaries in IT. [/quote]That would be me!
Its simply a matter of supply and demand. At the university where I work, a new <50k faculty position will attract thousands of applicants. All with Phd's, of course. A new 75k IT job, on the other hand, will be lucky to attract even a few good applicants. Degree or not.
I will admit that a plus of the down economy is that we are finding it easier to hire competent talent.
IT is also a young discipline. I'm only 35 and have worked under some of the pioneers in the field, including the inventor of C++. This stuff is still all pretty new and dynamic; hence competence still demands a premium.
March 5, 2009 at 2:59 PM #361289kewpParticipant[quote=JEEscondido]
I never understood why IT people, many with no degree, made substantially more than mechanical/electrical engineers, chemists, etc. many with advanced degrees. Maybe we’re finally seeing “reversion to the mean” for salaries in IT. [/quote]That would be me!
Its simply a matter of supply and demand. At the university where I work, a new <50k faculty position will attract thousands of applicants. All with Phd's, of course. A new 75k IT job, on the other hand, will be lucky to attract even a few good applicants. Degree or not.
I will admit that a plus of the down economy is that we are finding it easier to hire competent talent.
IT is also a young discipline. I'm only 35 and have worked under some of the pioneers in the field, including the inventor of C++. This stuff is still all pretty new and dynamic; hence competence still demands a premium.
March 5, 2009 at 2:59 PM #361397kewpParticipant[quote=JEEscondido]
I never understood why IT people, many with no degree, made substantially more than mechanical/electrical engineers, chemists, etc. many with advanced degrees. Maybe we’re finally seeing “reversion to the mean” for salaries in IT. [/quote]That would be me!
Its simply a matter of supply and demand. At the university where I work, a new <50k faculty position will attract thousands of applicants. All with Phd's, of course. A new 75k IT job, on the other hand, will be lucky to attract even a few good applicants. Degree or not.
I will admit that a plus of the down economy is that we are finding it easier to hire competent talent.
IT is also a young discipline. I'm only 35 and have worked under some of the pioneers in the field, including the inventor of C++. This stuff is still all pretty new and dynamic; hence competence still demands a premium.
March 5, 2009 at 3:13 PM #360816AnonymousGuestEmployers that have a choice between a competent employee with a degree and a competent employee without a degree (not just in IT but any discipline) at a similar salary will most likely choose the former. At the very least a degree is indicative of the ability to successfully achieve objective goals. The last 15 or so years have been an anomaly in IT in that demand has exceeded supply. A rising tide lifts all ships per se so the college-drop-out DBA for example, has been overpaid relative to their intrinsic value. The problem is that many of these people know nothing else, not unlike someone that bought a house in 1996 and was convinced that housing always appreciated and only at 10+% rates.
Recessions suck and I hope that this one, deep as it may be, will end in the foreseeable future. But one advantage of a recession is that it tends to shake out inefficiencies in the marketplace and a good example is a college drop out DBA making $125,000 per year or a used car saleperson turned mortgage salesperson making even more than that. Like housing hyperinflation this isn’t sustainable in the long run.
Peace
March 5, 2009 at 3:13 PM #361117AnonymousGuestEmployers that have a choice between a competent employee with a degree and a competent employee without a degree (not just in IT but any discipline) at a similar salary will most likely choose the former. At the very least a degree is indicative of the ability to successfully achieve objective goals. The last 15 or so years have been an anomaly in IT in that demand has exceeded supply. A rising tide lifts all ships per se so the college-drop-out DBA for example, has been overpaid relative to their intrinsic value. The problem is that many of these people know nothing else, not unlike someone that bought a house in 1996 and was convinced that housing always appreciated and only at 10+% rates.
Recessions suck and I hope that this one, deep as it may be, will end in the foreseeable future. But one advantage of a recession is that it tends to shake out inefficiencies in the marketplace and a good example is a college drop out DBA making $125,000 per year or a used car saleperson turned mortgage salesperson making even more than that. Like housing hyperinflation this isn’t sustainable in the long run.
Peace
March 5, 2009 at 3:13 PM #361258AnonymousGuestEmployers that have a choice between a competent employee with a degree and a competent employee without a degree (not just in IT but any discipline) at a similar salary will most likely choose the former. At the very least a degree is indicative of the ability to successfully achieve objective goals. The last 15 or so years have been an anomaly in IT in that demand has exceeded supply. A rising tide lifts all ships per se so the college-drop-out DBA for example, has been overpaid relative to their intrinsic value. The problem is that many of these people know nothing else, not unlike someone that bought a house in 1996 and was convinced that housing always appreciated and only at 10+% rates.
Recessions suck and I hope that this one, deep as it may be, will end in the foreseeable future. But one advantage of a recession is that it tends to shake out inefficiencies in the marketplace and a good example is a college drop out DBA making $125,000 per year or a used car saleperson turned mortgage salesperson making even more than that. Like housing hyperinflation this isn’t sustainable in the long run.
Peace
March 5, 2009 at 3:13 PM #361299AnonymousGuestEmployers that have a choice between a competent employee with a degree and a competent employee without a degree (not just in IT but any discipline) at a similar salary will most likely choose the former. At the very least a degree is indicative of the ability to successfully achieve objective goals. The last 15 or so years have been an anomaly in IT in that demand has exceeded supply. A rising tide lifts all ships per se so the college-drop-out DBA for example, has been overpaid relative to their intrinsic value. The problem is that many of these people know nothing else, not unlike someone that bought a house in 1996 and was convinced that housing always appreciated and only at 10+% rates.
Recessions suck and I hope that this one, deep as it may be, will end in the foreseeable future. But one advantage of a recession is that it tends to shake out inefficiencies in the marketplace and a good example is a college drop out DBA making $125,000 per year or a used car saleperson turned mortgage salesperson making even more than that. Like housing hyperinflation this isn’t sustainable in the long run.
Peace
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