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Less Cuts in TI Sector

 

Q.It seems as though all job sectors except Technology Information (TI) are disappearing, so I wonder what my chances are of finding work in that field after I graduate this spring-and will salaries remain decent?

Ans. Recent reports show that overall, planned job cuts are down in the technology sector. Telecommunications, computer and electronics firms' cuts are down 73 percent from a year ago. But that doesn't mean there's a tech jobs turnaround. Hiring has been slow to recover there too. In fact, many tech-sector workers who still are employed find themselves working harder for less pay. The 2010 Salary Survey recently released by trade publication Computerworld found that bonuses and benefits are down significantly, while workloads and work hours have increased. Meanwhile, the survey discovered salaries are stuck in the mud, having risen by just 0.7 percent on average. But don't change your course. This is still a strong sector, and when recovery does happen, you'll be in a good place.

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