Where is the money at these days in computing?

Name said:
£45k a year loool.

i get around a quarter of that /year for working roughly 14,600 hours a year :(

Edit: any idea how much one of our Oracle technician/condultants is on? its a very old system from the early 90's, he's here to cover any problems we have including setup issues...my guessing is around £2000-3000 a week?
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1. Hours in a year = 8,760
2. Even if you were correct, you're giving an indicated wage of £0.77 per hour
3. I don't think a third point is really necessary.
 
Name said:
£45k a year loool.

i get around a quarter of that /year for working roughly 14,600 hours a year :(

Edit: any idea how much one of our Oracle technician/condultants is on? its a very old system from the early 90's, he's here to cover any problems we have including setup issues...my guessing is around £2000-3000 a week?
Click to expand...

You don't deserve a quater thinking you work that many hours per year.
 
Software develop is in huge demand, if you have a good degree in CS + maths forma good uni with a little experience you can walk straight into a well paid Jon. Are company is crying out for good developers, we have already abandoned one project because we simply cannot staff it, another project we are focusing on is requiring a lot of overtime to keep it on schedule.

There is just a massive shortage of capable people. Salaries vary by country, city and company a lot. You will be in 6 figures USD in say the Bay area working for a big name with a coupe of years experience, if you are really good then 6 figures is a starting salary.
 
D.P. said:
Software develop is in huge demand, if you have a good degree in CS + maths forma good uni with a little experience you can walk straight into a well paid Jon. Are company is crying out for good developers, we have already abandoned one project because we simply cannot staff it, another project we are focusing on is requiring a lot of overtime to keep it on schedule.

There is just a massive shortage of capable people. Salaries vary by country, city and company a lot. You will be in 6 figures USD in say the Bay area working for a big name with a coupe of years experience, if you are really good then 6 figures is a starting salary.
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Agreed. Development has been a consistently good area to get into and doesn't go in fads such as SharePoint etc. If you're a good developer with a few years experience, you can command salaries of £75k+ if you're willing to work in London. Starting salary fresh out of a good university for London is £40k-ish.
 
IT is so huge now it's impossible to lump it all into one bucket. It also depends on your idea of good - 30k+, 80k+ or 150k+?

Sad to say it but the typical code monkey or server geek are pretty much a low level commodity now. Obviously good guys can still get paid well depending on company and location.

So in a vague way the answer to your question "where's the money at and where will it be in future" is: Anything in that influences business alignment/strategy.

ERP systems like SAP (both implementing and training), "big data" BI focused on forecasting and trending as opposed to historical reporting, Enterprise architecture (As a function outwith the regular operational IT department), Programme\Portfolio management and of course CIO!
 
Analytics and the insights from data. Companies pay for real insights that will help them improve, sell more and reduce costs. Reporting is easy, providing insights about what the data means is less so and is rewarded accordingly.
 
Any technology where there are very few specialists; like PEGA; carve a niche and work for a few years when everyone else is playing catch up. The retire to the beach...
 
Software development for financial institutions has always been good to me.

financial institutions are; investment banks, asset managers and hedge funds (where I am now).

Standard contractor rates are 1,000-1,200 CHF (£650-£850) a day. Permanent salaries are more varied, and total gross will depend on what bonus you get. Senior developers with business and vendor specific systems knowledge can expect to take home £90k+ basic.

You have to put in the effort though. You need to keep up with development fads, both managerial and technical. It might be a 9-5:30 job, but you need to be interested in the area outside of work to make it work for you (if you see what I mean...)
 
Mr^B said:
Senior developers with business and vendor specific systems knowledge can expect to take home £90k+ basic.
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this is they key part re: some of the lucrative roles in 'computing'... its often a mix of skills that's required... the IT/programming skills are just part of it
 
Was a java dev in financial services for years, am now a clojure dev for a very large mobile phone manufacturer. Money has always been pretty good the key is you have have to keep your skills cutting edge (hense me doing clojure now) to get the best jobs and that's a lot harder than it sounds.
 
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