SKILLED SOFTWARE PROFESSIONALS COMMAND PREMIUM SALARIES PLUS STARTING BONUSES, SURVEY REVEALS.(survey by Hay Group)

Software Industry Report, July, 1998

Oracle, Windows NT Skills Are Those Most In Demand

A network administrator with Cisco or Windows NT skills or a senior database analyst with Oracle skills is sitting in the catbird seat when negotiating a job offer today. Because of their "hot skills," they are likely to demand a signing bonus, as well as a hefty compensation premium in order to be lured from their current position.

A new Hay Group survey finds that the prevalence of sign-on bonuses is increasing rapidly. "Sign-on bonuses are becoming almost an expectation on the part of candidates," says Linda Pittenger, managing director of Hay's IT Consulting Practice.

In general, sign-on bonus amounts range from $1,000 to $5,000 (where lump sum amounts were given) and anywhere from four percent to...

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