IT Hire Wire

“Another huge DOW Loss“  ”Global stocks fall sharply“  “Tokyo, Hong Kong plunge”

There isn’t much need to rehash the daily headlines; the US/World economy is what it is and the market is how it is - the question is what do we do when faced with such a gloomy economic outlook? Stocks across the board have fallen to records lows - the biggest of corporations have cut back and frozen spending - which needless to say impacts IT Budgets and projects across the board, however critical. Some firms start with cutting contractors while others start with carrying cost and now it’s the full time employees who face the axe.

Thoughts of job security have probably crossed all our minds several times over by now. Are there technologies that are less susceptible, if not immune, to this volatility? Gartner thinks Web-Oriented Architectures, Business Intelligence and Virtualization are among the top 10 technologies that will provide important strategic advantages to IT over the next three years. Surprise Modeling is believed to be a technology of the future considering the overwhelming dependence on forecasts.
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The IT Industry with its myriad opportunities offers several different ways of compensation. The ultimate choice depends on what works best for you after weighing the options.

IT Compensation Options

The most common compensation is Full time salary (with benefits). Most of us are familiar with the salary with benefits structure. 
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