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Golden Years

Experience and age are tops in slowed IT market.

If you were beginning to think IT had become a profession dominated by youth, think again. According to a salary analysis released in March by Dice Inc., of 21,000 IT professionals, age and experience are back in fashion. While salaries for over-40 workers have remained steady, those under 30 have seen their salaries decline by 5 percent, to $53,400.

“With the sluggish economy, we are seeing new trends in the technology labor market,” said Scot Melland, president and CEO of Dice Inc. “Experience is winning out over youth.”

The same report said the gender gap in salaries is widening. On average, women earned 14 percent less than male counterparts (compared to 12 percent in 2001). The job titles with the highest salaries for the year were “IT Management,” which topped the scales at $102,900, and “Project Management,” which followed at $89,100. The highest paying nonmanagement positions were Systems Developer ($80,300) and Software Engineer ($80,200).

You can evaluate the findings for yourself here: http://marketing.dice.com/rateresults/index.asp. MCP Magazine will be publishing its annual salary survey results in the August issue.

About the Author

Dian L. Schaffhauser is a freelance writer based in Northern California.

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