» CIO salary survey: 13 millionaires; financial services take top spots | Between the Lines | ZDNet.com
April 9th, 2007
CIO salary survey: 13 millionaires; financial services take top spots
“The top three highest paid chief information officers in 2006 work for financial services firms.

Timothy Shack of PNC Financial Services had a total 2006 compensation of $5.94 million, followed by Gregor Bailar of Capital One at $4.5 million and Steven Sadoff of Knight Capital Group at $1.99 million…”

Read more…

Database Administrator in The United States Salary Reports - Salarybase is the Internet Salary Calculator

SalaryBase - the Internet Salary Calculator
Overall Ranking Report for Database Administrator in The United States

This report illustrates general job category rankings in the Database Administrator job capacity in The United States. The data is built on a population of 65 individuals who previously joined the Salarybase way.

Overall data stats for Database Administrator in The United States:
Low Salary Average Salary High Salary
$85,949 $92,381 $98,191

For more free salary reports - join the SalaryBase today!

Tech CEOs Predict Swelled Use of Offshore Talent
Sixty-seven percent of the technology CEOs surveyed, consistent with the 66 percent in the 2006 survey, said high-quality employees are the biggest contributors to company growth. Finding, hiring and retaining the best employees, however, is continually their biggest operation challenge, cited by nearly half (48 percent) of CEOs, and up from 41 percent in 2006.

This talent shortage has caused tech-company CEOs to increasingly pull out all of the stops to lure in new hires. Sixty-nine percent said they relied on equity compensation and stock options, though down from 71 percent in 2006; 51 percent offered flexible hours, up from 29 percent in the prior study; and 38 percent offered training programs and educational opportunities, up from 35 percent in 2006. Only 31 percent of CEOs said they offered workers a career path, up from a previous 28 percent

Union says IBM to cut 1,315 jobs in U.S. - U.S. Business - MSNBC.com
IBM the world’s largest technology services company, is cutting 1,315 services-related jobs in the United States, a union trying to organize IBM workers said on Tuesday.

The cuts affect employees in a variety of areas including computer server systems operations, technology integration and management and financial services, said the Alliance at IBM, a union group affiliated with the Communications Workers of America, on its Web site

Salarybase.com - compensation data for salary negotiation or internal review | Businesshackers
Salarybase.com is a novel project aiming to bring employees more compensation data when confronted in salary negotiation or internal review. The service which was launched last year, already aggregates reports from many thousands of employees who reported anonymously their salary profiles. In return for the sharing, they got a comprehensive view on their situation in a few dimensions. The simple and most importantly free service is supported by advertisements and creates a powerful tool for employees.

Using the service is straightforward. Launching the site, you’re asked to fill in the following work parameters: job-title, metro area, yearly salary, bonuses, education, years of experience, industry and employer’s size. Once you fill all these data, you got the free ticket to watch personalized statistics per your situation.

The reports compare you to other folks in the same job capacity across your country and metro areas. It also enabled you to see your stats vs. other industries and changes throughout the last few months.

In their own words:

What’s your worth? Web service will show you the money

link: http://www.canada.com/montrealgazette/news/business/story.html?id=e599d895-73a2-4bfd-b00a-f9b19c11ff3c&p=1

UPDATE: We’re getting really overwhelmed by the good folks from Canada - thanks all for visiting - keep pouring feedback on us

Cubicle Digest - Something Other Than Work
Is it time for a raise?
By cubeguy

Want to know how much your cubicle neighbor is making? It might be time to start yelling “Show me the money!” Time to check out www.salarybase.com! The site can get a rough estimate of how much you should be earning for your job position. Unfortunately, salary numbers are mainly for workers in the U.S., but more data keeps getting added. All you need to do is enter your job title, answer a few questions like the size of your company, whether it’s privately or publicly owned and then wait for the results. It will give you a range of reported salaries for your job and show you how you compare to the average. The site also includes some neat tools allowing you to explore how salaries for your job description can vary depending on geography as well as a trends over time.

Nicely written piece by Spirngraise (nice nickname BTW), who’s really re-thinking and stating who the customers of the 800lb online salary info folks - the works or the companies’ HR?

springraise is coming…: Check in on Salary.com
Check in on Salary.com

After yesterdays announcement by Payscale.com, I thought, why not check in on Salary.com to see what their position is on helping employees maximize salary potential. According to Salary.coms Corporate Overview section: “Today, the consumer-facing site generates over 4 million visitors per month and syndicates its content across a network of over 2,000 sites including AOL, Yahoo and Monster.com. These services help to educate employees, and equip them with the critical tools necessary to engage employers in meaningful dialogues about pay and performance.”

I find it so strange that neither Payscale nor Salary explicitly say that they help consumers maximize their compensation. What does “…equip [employees] with the critical tools necessary to engage employers in meaningful dialogues about pay and performance” actually mean? It means, we dont want to anger the corporations that pay us a lot of money for our salary reports by advocating higher salaries for employees.

From Salary.coms “Business Offerings” section, which is the next paragraph from the one discussed above: “Today’s strategic HR department is faced with new mandates from the executive suite to attract and retain the best talent and demonstrate the ROI of sound workforce management strategies. ” Wait, did I read that right? “ROI of sound workforce management strategies”? Besides using the ROI measure erroneously you cant apply that measure to people by definition, the implication is that Salary.com produces software solutions to help companies maximize their profit on each employee hire.

Can both of these market leaders service somewhat competing interests effectively? Or more simply asked, Can these companies continue their two-faced actions and expect to keep our trust?

HeraldNet: Go online to track pay by job and location
SalaryBase.com. This site makes it easy to compare your salary with others in your field. Insert your position, location and current salary, and click on “My Salary Report” to see how you fit in with other people in your field or region. Keep in mind that the site only shows salary details gathered from other users like yourself, rather than through quantifiable research studies.