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High tech wages slip in face of outsourcing, but some still benefit.


Outsourcing (1) Contracting with outside consultants, software houses or service bureaus to perform systems analysis, programming and datacenter operations. Contrast with insourcing. See netsourcing, ASP, SSP and facilities management.  tech jobs continues to put downward pressure on wages.

High-tech salaries nationwide slipped 1.2 percent since January, 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.
 the latest Yoh Index of Technology Wages. The index does not break out cities or regions, but Jon Kraft, chairman of the Software Council of Southern California Southern California, also colloquially known as SoCal, is the southern portion of the U.S. state of California. Centered on the cities of Los Angeles and San Diego, Southern California is home to nearly 24 million people and is the nation's second most populated region, , said L.A. likely saw a slight dip during that period as well. "Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850.  tracks the national trend pretty closely," he said.

Cost is usually the overriding (programming) overriding - Redefining in a child class a method or function member defined in a parent class.

Not to be confused with "overloading".
 factor behind outsourcing, but Kraft said that in Southern California there's also the difficulty in finding high tech talent. That's led companies to outsource. "In L.A., it's the tightness of the talent pool," Kraft said.

Of course, a tight labor pool, in L.A. and elsewhere, can also benefit those in the swim, especially at the top. The California Institute of Technology's career development office found that of the 2005 graduates who reported taking jobs in software engineering, top-level salaries reached $86,000, up from the group of prior year's graduates who reported a top-level salary of $74,000. "Because there are few elite engineering architects and VPs of engineering down here, they may be able to command better salaries," Kraft said.
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Article Details
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Author:Potkewitz, Hilary
Publication:Los Angeles Business Journal
Article Type:Brief Article
Geographic Code:1U9CA
Date:Aug 29, 2005
Words:199
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