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2002 Accounting and Finance Compensation Trends

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Places IT professionals on a project and full-time basis. Robert Half International Inc. ... Long-term IT outlook is bright. 49 percent of tech companies are ... – PowerPoint PPT presentation

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Title: 2002 Accounting and Finance Compensation Trends


1
Preparing Students for Todays IT Employment
Market
Ted Mullin Metro Market Manager
2
Robert Half Technology
  • Places IT professionals on a project and
    full-time basis
  • Robert Half International Inc. pioneered
    specialized staffing services
  • Expert on career and management-related issues

3
Todays Topics
  • The IT employment environment
  • Leading IT skills and specialties
  • Non-technical skills in demand
  • Starting salary ranges

4
The Employment Environment
  • Pace of investment in technology has slowed since
    tech boom
  • Companies cutting costs through outsourcing
  • Offshore component in delivery of U.S. IT
    services estimated to be 23 percent by 2007

5
The Employment Environment
  • Areas of IT investment
  • Capital expenditures
  • Spam/viruses
  • Wireless communication
  • Business intelligence
  • The Internet
  • Regulatory requirements

6
The Employment Environment
  • CIOs initiating projects that were on hold
  • Cautious approach to full-time hiring
  • New employees brought in on temporary or project
    basis
  • Companies use strategic staffing approach

7
The Employment Environment
  • 63 percent of CIOs say its valuable to have a
  • prospective employee work on a project basis
  • as a means of evaluation for full-time
  • employment.
  • Source Robert Half Technology survey of 1,400
    CIOs

8
The Employment Environment
  • Long-term IT outlook is bright
  • 49 percent of tech companies are hiring more this
    year than last
  • Venture-capital funding increasing
  • 9 percent of CIOs plan to add full-time staff
    this quarter

9
The Employment Environment
  • Industries projecting strong growth in 2005
  • Business services
  • Financial services
  • Real estate
  • Manufacturing
  • Construction

10
Leading IT Specialties
11
Leading IT Specialties
  • Networking
  • Hands-on experience with OS applications
  • Security-related hardware and software experience
  • Certification

12
Leading IT Specialties
  • Technical support
  • Strong interpersonal and communication skills
  • Customer-service focus
  • Microsoft XP/2000/NT, UNIX and Microsoft Office
    applications experience

13
Leading IT Specialties
  • Internet/intranet development
  • Experience in back-end web development
  • Java, JavaScript, Java 2 Enterprise Edition,
    Enterprise, JavaBeans XML CGI, Visual Basic or
    ASP and C experience
  • Familiarity with .NET platform
  • Ability to create sites that align with business
    objectives and customer needs

14
Leading IT Specialties
  • Database management
  • Understanding of relational database theory
  • Oracle8i/9i/10g, Microsoft SQL Server or IBM DB2
    technologies
  • Certification

15
Top Technical Skills
  • Technical skills include
  • Windows administration
  • Visual Basic development
  • CheckPoint firewall administration
  • Cisco network administration
  • SQL Server management

16
The Importance of Soft Skills
  • 98 percent of CIOs consider strong soft skills
    essential for IT professionals

17
Non-technical Skills in Demand
  • Industry experience
  • Communication skills
  • Business fundamentals
  • Interpersonal skills

18
Industry Experience
  • Students can gain real world experience and
    firsthand knowledge of industry through
  • Internships
  • Volunteer activities
  • Part-time work

19
Communication Skills
  • Strong communication skills needed to clearly
    explain technical concepts to others
  • English and business communication courses are
    helpful

20
Business Fundamentals
  • Ability to explain how IT spending will benefit
    the organization
  • Understanding of principles of finance and
    accounting is useful

21
Interpersonal Skills
  • Interpersonal skills include
  • Diplomacy
  • Tact
  • A team-oriented attitude
  • Participation in group projects, on-campus
    organizations can be helpful
  • Mentors provide guidance and advice

22
IT Salary Information
  • Average starting salaries to remain stable in
    2005
  • Projected average increase of 0.5 percent
  • Increases expected in high-demand specialties
  • Slight declines in other areas

23
The Ticket to Success
  • Gain hands-on experience
  • Develop in-demand technical skills
  • Refine non-technical (soft) skills
  • Explore job opportunities in the leading
    specialties

24
Preparing Students for Employment in Todays IT
Job Market

www.roberthalftechnology.com
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