IT pay cuts: Are you next?
As more companies enforce across-the-board pay cuts and unpaid furloughs, a rising tide of IT professionals is seeing its annual compensation decline and must decide whether to switch employers as a result.
Employers Pull Back on Executive Compensation in 2009
Performance bonuses, sign-on bonuses and equity compensation are shrinking from executive pay packages as recession-induced belt-tightening hits the top brass and the public debate over golden parachutes continues to rage.
IT salaries, perks continue to shrink
As the economy continues to languish, IT salary trends offer little hope to both working and unemployed IT professionals, as companies cut wages and fewer high-tech positions become available due to attrition.
Companies slash salaries instead of staff
A new Challenger, Gray and Christmas, Inc. survey reveals that cost-containment remains the primary objective for many companies. Overall, 86 percent of respondents surveyed in May said that their companies have been forced to initiate cost-cutting measures.
Study: US IT wages held steady in early '09
A new survey by the Philadelphia IT outsourcing firm Yoh finds that U.S. tech wages remained fairly steady during the first quarter of this year, indicating some level of stability in hiring patterns even as the global economic recession continues.
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