By: Jill Reynolds, President and CEO of Quantix
24/7 Wall Street just released the top 25 careers with the most job security and the technology sector was a big winner. Below is a snapshot of some of the winners:
Database Administrators: #15
labor force- 94,000
unemployment rate- 1.0%
median wage- $80,280
Network Architects: #6
unemployment rate- 0.6%
median wage- $98,430
Diagnostic Technician: #4
unemployment rate- 0.4%
median wage- $59,560
In addition to these 3 jobs that fell into the IT category, there were several others on the fringes of IT such as statistician, aerospace and flight engineers. As I was scrolling through the balance of the careers, there were only a few that were not heavily reliant on today’s technology to perform the basic functions of their jobs. Can you imagine being a patrol officer, attorney, court clerk or healthcare provider without the use of today’s applications and technology?
Additionally, the first quarter of the year is the time for surveys about IT jobs, skills, and certifications. We all know the IT job market is booming and salaries keep heading upwards, some at rocket speed. Below is a summary from Semco Enterprises and ITNews Daily which shows their selections for the hottest skill-sets and the projected salary increases for 2016:
Scala (24.8% salary increase). Used to build Web services.
Algorithm development (22.1%). For software engineers working on data-intensive projects.
Apple Xcode (20.1%). IDE (Integrated Development Environment) used with Swift mostly for developing mobile apps.
Ruby on Rails (19.9%) Web application framework.
Objective-C (18.3%). Object-oriented programming language used mostly for developing mobile apps.
iOS SDK (17.2%) Software Development Kit used to develop mobile apps.
Ruby (17.1%). Programming language used mostly to develop Web applications.
MongoDB (16.5%). Cross platform NoSQL database.
Mergers and Acquisitions (13.9%). Not an IT skill, but this experience gets IT development managers a raise.
Hadoop (13.7%). Data storage and analytical tools for big data.
Oracle RAC (13.5%). Real Application Clusters. Used to manage clustering and high availability of stored data
Android SDK (13.2%). Software Development Kit). Used to develop mobile apps for Android devices.
Cloud computing (13.2%). Using on-demand access to shared servers (server farms).
PostgreSQL (13.0%). Object/relational database used with cloud computing.
Django (12.8%). Open source Web application development framework (written in Python),
Python (12.6%). General purpose high-level programming language.
Mobile application development (12.6%). Original development of software for mobile devices instead of retooling Web and/or desktop applications.
RESTful Web services (12.5%). Architectural style used to create Web services.
All of these skills have at least double digit increases in their salaries for this year, ranging from nearly 25% to 12.5%. Of course, there are many variables to these anticipated salary increases. Performance is a big one, if you are highly skilled and truly an expert in your area, hefty increases may be in order but not every employer is offering “market rates”, some just don’t have the budgets. Significant salary increases, such as Scala (nearly 25%), do not typically happen with an existing employer, these meaty increases are more likely to be the result of successful salary negotiation with a new employer. Geography and cost of living are also factors. For example, a mobile app developer in Des Moines is probably not going to be paid the same as a comparable developer living in San Francisco or NY.
All good food for thought and something to realistically consider for your next performance review. Now, stay tuned for the next blog about tips for salary negotiations.