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IT employees should stress their value in economic downturn, says expert
03 July, 2008IT workers are readjusting their pay scale according to the latest shifts in the economy, it has been discovered.
IT workers are readjusting their pay scale according to the latest shifts in the economy, it has been discovered.
Found to be reassessing their strength in the market nimbly and perhaps quicker than workers in other sectors, IT workers are quick to understand that in tough economic times it is a pay request that is the largest single factor taken into account by employees.
A contractor UK report said that IT contractors must "be more flexible on rates and look at each project and assess what exactly it can offer them", according to Julia Bosworth, contract manager at Project Partners.
The comments have come as the market for IT jobs is opening up, with more people entering each year while the economy is simultaneously slowing down.
It may be that IT is seen as low on the list of priorities for a company tightening its belt, but despite the reasons, workers in the sector have been advised to use the downturn to improve their skills to make themselves more valuable.
Just IT managing director Sunil Duggal suggested to the publication that perhaps revamping an image would be important in keeping demand high: "Keep an eye on your impact on the [client's] bottom line; if it's not clear what [positive] impact you make, then worry."
The long, drawn-out sale of British Energy (BE) to EDF Energy has come to an end after the French energy firm bought BE for £12.5 billion, it has been reported.
Government hopes to have an EDF Energy-British Energy (BE) tie up within two weeks have been dubbed "optimistic" by the British nuclear company, according to a recent report.
Gordon Brown is facing the prospect of a major defeat over the government's reluctance to impose a windfall tax on energy companies, it has been reported.
The City of London has launched a campaign against Gordon Brown in order to convince him that introducing a windfall tax on energy companies should be avoided.
TaylorWimpey has reported phenomenally poor first half results for the year so far, recording a loss of £1.5 billion, it has been announced.