Here is a Monster job listing sent to my email from Monster:
Web-related Prog/Analyst II
About the Job
Responsible for the definition, design, construction, integration, testing, and support of reliable and reusable software solutions, addressing business opportunities.? Includes systems analysis, creation of specifications, coding, testing, and implementation of application programs and data interfaces.
Includes Java, JSP, J2EE, JDBC, EJB, JavaScript, C+?+?, Visual Basic, COM, DCOM, ActiveX, ASP, HTML, DHTML, XML, ColdFusion, Visual Age, WebSphere, .?NET, etc.
- Service Experience 3-5 years experience with Financial Services clients
- Works substantially with little supervision or oversight to deliver key milestones
- Served as BSA on multiple project lifecycles; Demonstrated experience in industry (1 – 3 years)
- 3+? years of project experience in the quality assuranceand testing phases of projects
- Client experience preferred
- Deep knowledge of specific technologies and new and current architectures
- Skills in object, data, and /? or process modeling, business process design (2-4 yrs)
- Lean/?Agile development experience (1+? yrs)
- Provides clear concise communication with project team and mid-level management
- Leading projects involving third parties and suppliers
Salary
$36.00 – 39.00 USD /?hour
If I.T. is your chosen profession this is some kind of a bad joke. Anyone who is qualified for the above job and takes that job at that rate is a fucking moron. Sorry if I’m talking about you, but that is just the way I see it. I know times are tough, but you are cutting your own throat when you work at a steep discount. After taxes and expenses the incumbent would be making about what a Wal-Mart associate makes except with no benefits. And you just know there will be some prick at the other end of the grueling, hour-long commute harping on your ass for being 10 minutes late. After all you’d be just a low paid, easily replaceable peon. A good secretary makes as much.
Let’s put the above offer into perspective. Way back in 1988 I was doing similar work on a contract basis. The technology was different of course since everything was still DOS-based and the scope of the work was much smaller but I was a one-man show working my way through college and I only had about 5 yrs experience when I started. I was being paid $25 / hr.
In 1992, the year after receiving my degree I left that job for a better opportunity and a little bit more money. This is the way it is supposed to work, right? You work hard, prepare yourself, and you will advance in your profession and earn more money as you get more experience. The American Dream.
Today, that maxim of capitalism is out the window. Since 2001 my earning potential has steadily gone backwards while living expenses and fuel have skyrocketed. It makes sense really if you look at the increasingly fast slide towards socialism/facism in America. To be more socialistic or fascist means implicitly to be less capitalistic. The systems are mutually exclusive. For one to thrive, the other must wither.
In 1995 my career was progressing well so I made a 20 yr commitment and a 30 year commitment, my first child and a mortgage, respectively, based on a modest assumption of increasing my earning potential over the years. In 1999, I was the proud and happy father of another 20 year commitment.
So what happened in 2001? 9/11 certainly impacted the economy but that was only a temporary setback. The Internet bubble burst in 2000 and that also was a setback but again, just temporary. The Y2K fiasco certainly didn’t help our credibility.
So what did happen to cause the I.T. industry to collapse? Well, Enron happened. Tyco happened. Worldcom happened. In other words, corruption happened. Then government happened. Enron and other greed based corporation’s failure was the beginning of the end because it led to Sarbanes Oxley, or SOX as it is known in the vernacular.
How did Sarbanes Oxley decimate the I.T. industry? All I have is anecdotal evidence but I think it is solid. Every engagement I’ve been on since 2002 has involved interaction with “the auditors.” Most companies must hire internal auditors to get ready for the external auditors. Teams of auditors from big accounting firms are not cheap. Regulatory compliance isn’t cheap. (Zhang 2005: This research paper estimated SOX compliance costs as high as $1.4 trillion.)
Greedy corporations don’t just add on new expense because the government said so, they add it on and cut it somewhere else. I.T. was a logical choice for the cuts because much of the work can be outsourced to India and other third-world countries whose citizens will work for a small fraction of what an American needs to earn in order to keep up with inflation and to honor their long-term commitments.
The bottom line is that Sarbanes Oxley caused $1.4 trillion dollars to be shifted from IT to bean counting and regulatory compliance; from people who actually contribute to the success of a company to people who do nothing but suck up good air and good money into a black hole. And before you say SOX was necessary and that government intervention and regulation works, let me point out that the economic crisis in which we now find ourselves is again due to corporate and bureaucratic corruption of the type that SOX was supposed to fix.
So the problem for many of us IT professionals is to figure out how to keep our long-term commitments that were made based on a model that is no longer valid. (That model being the American Dream.) In other words, how do I pay for a house that I bought in 1995, for which taxes and insurance have increased the monthly payment 20%, with earnings that are 40% less than what I was making then?