High tech wages show no sign of flagging, Yoh Index reports
High-tech wages have remained strong in 2006, according to the latest Yoh Index of Technology Wages. The index ended the second quarter at 106.87, when indexed to January 2001, the starting point for the index with a base of 100. Yoh, a recruiter of tech talent, reports that high-tech wages are up 1.7% from a year earlier and they show no sign of slowing through the summer, as is typically the case.
"It`s not unusual for wages in general to follow slow spring and summer hiring trends, but technology wages still held on strong and continue to surpass pay from 2005, says Jim Lanzalotto, vice president of strategy and marketing for Yoh. Top talent have every reason to stay confident about the job market. Demand for high-level skills and deep-rooted industry experience is higher than ever but unbalanced with the shortage of talent to fill available positions. "
The Yoh Index of Technology Wages report identifies the top job titles in highest demand, and provides an index to compare current average wages over the same period last year. Jobs in greatest demand nationwide during the second quarter, and their average hourly pay rates as determined by the Yoh Index, are:
ASIC Design Engineer - $89.16
Application Developer - $58.18
Clinical Research Associate - $47.77
Database Administrator - $69.36
Drug Safety Specialist - $47.42
ERP Functional Consultant - $78.78
ERP Technical Consultant - $85.77
Network Engineer - $46.12
Project Manager - $60.80
SAS Programmer - $53.16
The Yoh Index of Technology Wages is based on data complied by Yoh`s 75 U.S. field offices and uses employment activity of as many as 5,000 technology professionals outsourced on short- and long-term projects by over 1,000 of the nation`s top employers in the aviation, engineering, information technology, manufacturing, scientific, telecommunications, and utility industries.
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