IT salaries up – inspite of offshoring
According to data from the META Group, IT salaries are expected to rise by 10-15% over the next three years.
Can you hear the collective sigh or relief from system administrators California to New York?
But this does seem strange, when considering the frequent reports of mega deals that are going to big outsourcing companies. How can this be when a worker from India demands 5x less than his American counterpart?
For one – it seems that the impact of outsourcing has been exaggerated. The number of jobs expected to be outsourced is nowhere near the general magnitude of job churn in this country.
In addition, it seems that the improved U.S. economy is starting to heat up the labor market.
Read more about this story at Information Week.
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Comment by tushar on January 8, 2005 4:20 am
I see, and I quite agree on that. In my country, because of the news on how outsourcing is becoming in demand, many shift to outsourcing jobs than in IT thinking that OUTSOURCING pays more. It does not neccessarily follows.
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