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Don't you think IT wages are reducing?

Rogerio Kioshi
Ranch Hand

Joined: Apr 12, 2005
Posts: 689
Hi,

I think IT wages are reducing more and more, every year. And you?
What should I do to earn more?


Thank you.


SCEA 5 (part 1), SCBCD, SCWCD, SCJP, CLP, CLS
Sharad Jadhav
Greenhorn

Joined: Feb 10, 2010
Posts: 18
Yes, You are right the IT wages are reducing.

You can go for training related stuff if you have interest.


Java J2EE Hibernate Spring
Vyas Sanzgiri
Ranch Hand

Joined: Jun 16, 2007
Posts: 686

Very much. Supply > Demand


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Kj Reddy
Ranch Hand

Joined: Sep 20, 2003
Posts: 1704
I feel that in India the inflation rate is increasing but no increase in salaries. But newbies are getting more salary than what I used to get as a fresher.
Vyas Sanzgiri
Ranch Hand

Joined: Jun 16, 2007
Posts: 686

That will always be the case - newbies will always get more. If you feel the case that "inflation rate is increasing but no increase in salaries" that is true of US too
Michael Sullivan
Ranch Hand

Joined: Dec 26, 2003
Posts: 235
I'm not seeing IT salaries going down. This graph from indeed.com shows that though there was a slight dip in the last 18-24 months, the overall salary for a java developer in the US has remained fairly consistent.

Are you speaking primarily about Java developer salaries overseas?
Vyas Sanzgiri
Ranch Hand

Joined: Jun 16, 2007
Posts: 686

Michael Sullivan wrote:I'm not seeing IT salaries going down. This graph from indeed.com shows that though there was a slight dip in the last 18-24 months, the overall salary for a java developer in the US has remained fairly consistent.

Are you speaking primarily about Java developer salaries overseas?


I think the graph is for "job postings for java developer". The question was more generic. Also, I queried a few other areas using indeed.com and now I don't believe their stats. The java developer salary in my area is around $100k!
Luke Kolin
Ranch Hand

Joined: Sep 04, 2002
Posts: 336
Vyas Sanzgiri wrote:Also, I queried a few other areas using indeed.com and now I don't believe their stats. The java developer salary in my area is around $100k!


Don't forget that some of those numbers might be contract. $50/hr in my area for a Java developer isn't outrageous - in fact it's a little low if you want quality.

Cheers!

Luke
Jimmy Clark
Ranch Hand

Joined: Apr 16, 2008
Posts: 2187
The typical starting salary for a strong software programmer that can write robust code in Java is $100K USD in the U.S.A. Salary for engineers and architects is a higher. The equivalent contract rate for independent contractor in U.S.A. is around $85 per hour.

IT wages are not "reducing" in U.S.A., they are steadly increasing as they should.

Hope this helps...
Vyas Sanzgiri
Ranch Hand

Joined: Jun 16, 2007
Posts: 686

$100k/yr in my area is ridiculous for a java developer. It is the salary of a principal developer or architect. Again $50/hr != $100k/yr. Depends on the contract and rates.

I would not categorize strong software programmer as a java developer. I would say senior or principal level. Rates are steadily rising but not keeping up with the actual inflation rate (not the one published!)
Jimmy Clark
Ranch Hand

Joined: Apr 16, 2008
Posts: 2187
A "strong software programmer" is not an entry-level Java coder. "Strong" programmer can write programs in multiple programming languages and can interact well with other specialists, e.g. Network engineers, Database programmers, Security specialists, etc. To get to this point, one typically will need to have multiple positions in various scenarios under different management structures. Salaries are not going down for this role, going up, up, up...

This is not a senior role in U.S.A. however. In U.S.A., Software Architect or Senior Software Engineer can command $140-170K USD.
The "strong software programmer" typically transitions into the architects role after 10-15 years, or remains as a lifetime programmer at the lower salary (which is still very good.)
Tim Holloway
Saloon Keeper

Joined: Jun 25, 2001
Posts: 16305
    
  21

A recent article in the Wall Street Journal reported that Indian companies such as Tata and Infosys have been handing out raises in the 13%-and-up range.

On the other hand, in recent months, locally, there have been positions offered where they were attempting to push the hourly range down to $35/hr or even less. 40-45 seems to be about typical at the moment, and that's much reduced from the 10-year average.

Interestingly enough, a lot of email from out-of-town recruiters has been claiming that they could pay considerably more - in some cases up to $75/hr for J2EE skills. Whether they actually will or not, I don't have any evidence.

$100K is something that even senior people are going to find elusive locally, though. High 80s is about average for senior J2EE. Then again, we're one of the less expensive places to live by US standards.


Customer surveys are for companies who didn't pay proper attention to begin with.
Sammy Bill
Ranch Hand

Joined: Dec 29, 2008
Posts: 96
Hey Guys,

These number seems too high compared to where I live (OHIO, USA). an entry level java developer gets 35k-45K regardless of his skills. a Senior java developer may get 70-80K. I never seen a company claiming in their postings that they will pay more than that.


Sam
Jimmy Clark
Ranch Hand

Joined: Apr 16, 2008
Posts: 2187
It depends on the industry and the location. However, notice that in my last post I'm not describing a "Java developer", I'm speaking about an individual that has many more skills that simply Java and its API.

Also there are other types of software programming positions besides "Java". Software engineers building control systems for automobiles, software architects building mission critical defense systems or medical equipment. These positions command much more than $80K USD.
Zeki Karaca
Greenhorn

Joined: Oct 02, 2009
Posts: 20
I think that money should not be this important. IT wages are high enough to provide you with a good living anywhere i guess. Having a fun and challenging job is more important to me personally.


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Tim Holloway
Saloon Keeper

Joined: Jun 25, 2001
Posts: 16305
    
  21

Zeki Karaca wrote:I think that money should not be this important. IT wages are high enough to provide you with a good living anywhere i guess. Having a fun and challenging job is more important to me personally.


It is to me, too, but there's been a lot of pressure over the last 2 recessions to try and eliminate the "good living" part. Not that non-IT people have been faring any better.

Once upon a time, highly skilled professionals commanded both prestige and commensurate remuneration. Admittedly, we sacrificed a lot of the prestige when we allowed ourselves to be bullied into producing so much inferior software, but nevertheless, all-out assault on our self-esteem is unwarranted.
Campbell Ritchie
Sheriff

Joined: Oct 13, 2005
Posts: 40052
    
  28
Tim Holloway wrote: . . . Once upon a time, highly skilled professionals commanded both prestige and commensurate remuneration. . . .
The same applies outside IT.
Arvind Mahendra
Ranch Hand

Joined: Jul 14, 2007
Posts: 1162
Zeki Karaca wrote:I think that money should not be this important. IT wages are high enough to provide you with a good living anywhere i guess. Having a fun and challenging job is more important to me personally.


[Industry name] wages can never be high enough to provide a good living. Thats why they are called wages. As for advertisements offering those high salaries, a good number might be legit but I am also sure that a not so unequally large number are also fakes posted by so called "bodyshops" who never have any intentions to hire locals but do it to conform to prerequisites of sponsoring someone from abroad.


I want to be like marc
Michael Sullivan
Ranch Hand

Joined: Dec 26, 2003
Posts: 235
oh, come now. The phrase "make a good living" is so subjective that it's difficult to support or defend. I met a person once who thought that $300k a year was the absolute minimum necessary to "make a good living". I've never approached that salary level, yet I feel very fortunate to "make a good living".

IT salaries in the USA, on the whole, are much higher than average - and certainly support cost-of-living increases year to year (especially for skilled developers).

The OP question was about making more money in IT, when they feel that salaries are decreasing. There are a few strategies for this:

1. Jump any "hot" trends (mobile, cloud, social-media, whatever) and be ready to switch often.
2. Exploit a niche market (cobol, mainframe, up-and-comers like no-sql)
3. Chase positions (lead, architect, senior architect, manager, director, VP, SVP, CTO)
4. Change jobs often (by choosing companies who'll pay you more)

Obviously, each one of these is flawed - but if your only goal is to increase your income, they are options. Maybe you'll be happy with the outcome, maybe not.
Jimmy Clark
Ranch Hand

Joined: Apr 16, 2008
Posts: 2187
Great points Mike!

Show me the money!!! I want to Make a Bug in the Software too
Muni Sammy
Ranch Hand

Joined: May 24, 2008
Posts: 80
now employee has to run behind the Company... may be things may change soon..
 
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