Tech Wages Remain Steady After Decline

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<strong>Philadelphia &mdash; Aug. 21</strong><br />Wages for technology professionals in the second quarter of 2008 remained mostly unchanged compared to the same period in 2007, according to the latest “Yoh Index of Technology Wages.”<br /> <br />”This data shows wages have started to level out a bit,” said Jim Lanzalotto, vice president of strategy and marketing for Yoh. “Although wages were down in the first quarter, they&#39;ve held steady in the second. We&#39;ve also experienced a slight increase at the end of the second quarter, which we&#39;ll be monitoring to see if it is the start of wages trending upwards again through the second half of the year. While we may not be seeing robust growth, we&#39;re also not experiencing the black hole others have predicted.” <br /> <br />The Yoh Index of Technology Wages dropped 1.2 percent from the same point in 2007, when indexed to January 2001 (1/2001 = 100). A slight increase was evident later in the quarter, when the Yoh Index reached 112.40, indicating a 0.9 percent increase year over year.<br /> <br />Compiled quarterly by Yoh, one of the world&#39;s largest recruiting services firms for high-impact technology and professional talent, the Yoh Index of Technology Wages is used by emerging technology and Fortune 500 firms as a guide for determining their quarterly salary scales. Each &ldquo;Yoh Index of Technology Wages&rdquo; report identifies the top job titles in highest demand and provides an index to compare current average wages over the same period in the previous year.<br /> <br />Based on conversations with more than 9,000 hiring managers in more than 15 major metropolitan areas, Yoh has determined the skills most in demand across the U.S. Skills that appeared most frequently nationwide included: <br /> <br /><ul><li>Biostatistician</li><li>Civil Engineer</li><li>Clinical Research Associate </li><li>Firmware/Embedded Engineer </li><li>Java Developer</li><li>Mechanical Engineer </li><li>.Net Developer</li><li>Oracle DBA</li><li>Project Manager</li><li>SAP Consultant (Functional/Technical)</li></ul>

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