Cisco Certified Professionals See Salaries Plummet; TCPmag.com Releases Salary Survey Report on Cisco Certification.Business Editors IRVINE, Calif.--(BUSINESS WIRE)--June 13, 2002 Employers hiring top Cisco(R)-certified IT professionals have tightened their purse strings purse strings or purse·strings pl.n. Financial support or resources, or control over them: the politicians who control federal purse strings; tightened the corporate purse strings. , according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. a salary survey published by 101communications' TCPmag.com. Cisco Certified Internetwork Engineers (CCIE See Cisco certification. (TM)) on average experienced a 21 percent drop in salary between 2000 and 2001, from $115,402 to $91,000. While CCIEs do expect to make up some ground in 2002, the average salary is expected to be $99,000 - a decline of 14 percent. Lower level Cisco certifications saw a drop in salaries too, but not as severe. The entry-level certification, Cisco Certified Network Associate (CCNA See Cisco certification. (TM)), plunged 8.5 percent and the Cisco Certified Design Associate (CCDA CCDA Cisco Certified Design Associate CCDA Christian Community Development Association CCDA California Career Development Association CCDA Central Coast Dressage Association CCDA Cape Cod Dressage Association (Massachusetts) (TM)) dropped 5 percent between 2000 and 2001. "The reduction in salaries can be attributed to three main factors, the softer economic climate, the popularity of the Cisco certification program and the weakened telecommunications and service provider industries. Basically you are seeing the effects of supply and demand," said Dian Schaffhauser, Editorial Director of TCPmag.com and its sister publication Microsoft Certified Professional See Microsoft certification. Magazine. TCPmag.com also found that: -- Cisco professionals receiving stock options are down from 31 percent in 2000 to 22 percent in 2001. -- Forty-three percent of Cisco professionals do not expect to receive a monetary bonus in 2002. -- Survey respondents spent on average $2,200 on certification and training in 2001. -- IT professionals considering a Cisco certification for its job promotion opportunities may want to think again. Fifty-five percent of respondents said certification hadn't led to a promotion in 2001. In addition to the CCIE(TM) title, the report covers six other Cisco certifications: CCNA(TM), Cisco Certified Network Associate; CCNP See Cisco certification. (TM), Cisco Certified Network Professional; CCDA(TM), Cisco Certified Design Associate; CCDP CCDP Cisco Certified Design Professional CCDP Commission Canadienne des Droits de la Personne (Canadian Human Rights Commission) CCDP Conditional Core Damage Probability CCDP Civilian Competitive Development Program (TM), Cisco Certified Design Professional; Cisco Qualified Specialist - Security; and Cisco Qualified Specialist - IT Telephony. Wilson Research Group of San Carlos, California San Carlos is a city in San Mateo County, California, USA on the San Francisco Peninsula, about halfway between San Francisco and San Jose. It is an affluent small residential suburb located between Belmont to the north and Redwood City to the south. , managed the study for TCPmag.com and measured the responses from 1,122 U.S.-based Cisco-certified professionals. Along with salary data, the survey measures bonuses, typical stock options, certification study methods, hours spent on the job, and dozens of other variables related to being a Cisco professional. The report is available online at http://www.tcpmag.com. About TCPmag.com TCPmag.com is a Web-based publication for Cisco internetworking experts providing news and insights relevant to Cisco certification, equipment and technologies. About 101communications Founded in 1998, 101communications is an integrated media company aimed at the many specialized targets within the information technology community. 101's portfolio includes 13 magazines, more than 30 conferences and extensive digital offerings in the U.S. and Europe. For more information on 101communications visit www.101com.com. Cisco is a registered trademark of Cisco Systems Inc. CCIE, CCNA, CCNP, CCDA and CCDP are trademarks of Cisco Systems Inc. |
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