It may be a reaction to the smaller number of computer science graduates, Melland says. What youre seeing is a little bit of supply and demand at the post college level.
One of the factors causing the decrease in computer graduates is the slew of headlines about Indian outsourcing. Based on some media reports, the entire American IT industry will be relocated to Dehli sometime in the next 18 months. The reality is that offshore outsourcing currently eats up only a small slice of the domestic IT budget.
Additionally, news reports of tech layoffs in the 2000-2001 crash made IT look still less attractive.
The combined influence of these two factors have created this perception that [IT] is a risky track, Melland says. In fact, when we do our satisfaction survey, what tech people are telling is that they would recommend this career track. And if you look at the pay and benefits, its very attractive.
Average IT Salary by Years of Experience, 2005 2006
Less than 1 year: 2005: $37,471 // 2006: $42,414
1 - 2 years: 2005: $41,229 // 2006: $46,935
3 - 5 years: 2005: $52,363 // 2006: $55,922
6 - 10 years: 2005: $68,355 // 2006: $72,707
11 - 14 years: 2005: $80,933 // 2006: $83,907
More than 15 Years: 2005: $86,332 // 2006: $90,125
(Salary data courtesy of Dice.)
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