In most normal cases, you should not include your salary expectation in
cover letters unless you have very good reason for doing so. This may
be when a recruiter contacts you after seeing your resume somewhere,
such as an online job board. In this particular case, then it is okay
to reveal your salary expectations early, in order to avoid wasting
your time and theirs. However, barring this one difference, you should
just write the cover letter as you normally would.
Why Shouldn't I Include My Salary Requirements In Every Cover Letter?
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Whether
you're looking for a new job or trying to make financial gains at
the one you're at, you may find that at some point you'll need to
make a salary negotiation. But how can you do it if you never have
before?
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OdinJobs, the largest IT job search
engine, announces the release of the third quarter, 2008 Job Market
Statistics, providing a comprehensive picture of the job market
including historical comparison of the demand trends, median salary
and salary distribution.
"The market statistics tool
allow users to query our knowledge base of over 8 million jobs to
determine salary distribution and job demand" says Naveen Bala,
founder and president of OdinJobs.com. "Users can preform a
what-if analysis using multiple skill combinations to see what is
still in demand and what pays more".
"Salary tools
in the market heavily depend on surveys and do not support what if
analysis", says Bala. "Every working and job seeking
professional need to use this tool to see if their skill combination
is still hot in the market. This tool is also available as a
downloadable and customizable widget that can be added to any website
or blog".
Visit
http://www.odinjobs.com/StaffIT/MarketStatistics
to see the tool in action, or go to
http://www.odinjobs.com/tools.html
to customize this tool for your blog or website.
OdinJobs
tracks the technology job market by monitoring thousands of corporate
web sites, job boards and blogs. IT professionals, employers and
recruiters can drill down on the basis of job roles (development,
testing, management etc) or by popular skills and analyze the market
across the United States.
About OdinJobs.com
OdinJobs
(www.odinjobs.com) finds the
right job for a job seeker, where ever it may be. Odinjobs uses its
AI based matching to identify the right jobs based on a job seeker's
qualification and preference. OdinJobs makes job searching easy,
fast, and more relevant.
Jason Hiner posted Seven Hot Acronyms that you need to know, to keep up with the trends in IT Management.
I decided to compare ITIL, SOA, MDM, BI, CMDB, BPM, the hot acronyms in IT management according to Jason, to see what was popular in the job market and the median salaries for these skills. (I have not used TCO - total cost of ownership in the comparison)
For those who are clueless as to what these are,
ITIL stands for IT Infrastructure library, a set of concepts and techniques to manage IT.. (wiki)
SOA - Service Oriented Architecture, a way to modularize so that components become plug and play
MDM - Master Data Management, processes to aggregate unique information about customers, products, vendors, employees etc.
BI - Business Intelligence, collection and analysis of business information to support better decision making
CMDB - Configuration Management Database, a repository of information about the entire IT infrastructure
BPM - Business Process Management, manage business processes through technology to make it more efficient
Wow! Don't we love our acronyms/abbreviations.
Now continuing to find out what is in most demand and what pays the most. For the attention deficits, I will publish the result first and then the analysis.
The most popular acronym is BI - Business Intelligence which averages about 7500 jobs a month.
The Acronym that pays the most is CMDB - Configuration Management Database with a median salary of $91.08K.
ITIL, SOA, MDM - Job Demand (July' 06 - June' 07)
|
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ITIL, SOA, MDM - Median Salary Comparison
|
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BPM CMDB BI - Job Demand (July'06 - June'07)
|
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BPM, CMDB, BI - Median Salary Comparison
|
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The Acronyms Ordered by Job Market Demand
| | Avg. Jobs/Month
| Median Salary
| | BI | 7500 | $78.59K | | SOA | 4000 | $87.80K | | BPM | 3000 | $84.34K | | ITIL | 2800 | $80.98K | | MDM | 500 | $82.34K | | CMDB | 200 | $91.08K |
|
My advice to current and future IT managers: Learn or at the very least familiarize yourself with SOA. SOA not only shows strong demand in the job market but also pays pretty well.
Salaries Offered for Perl, Php, Python and Ruby Positions
Future salary is a significant motivator for somebody to learn a new language (use it for a living). We used the OdinJobs Market Statistics tool to help us analyze which skill pays more. The market statistics tool helps analyze salaries offered in jobs targeting junior-mid level programmers and senior/Lead/Architect developers.
First we compared how salaries varied between a jr-mid level position and a senior level position within a language. The results are below.
 | Perl Median Salary Comparison Senior level architects and lead programmers using perl earn 10% more than the developers. This is a median salary, which means a lot of variation in salaries is squished into a single number. In all jobs that required perl, the median salary was $80,560. The variations in median salary also varies according to locations but this chart has been generated for the entire United States.
|
PHP Median Salary Comparison Median Salary for All Php jobs: $66,200 Median Salary for Php Architects: $71,000 Median Salary for Php Developers: $64,540
|  |
 | Python Median Salary Comparison
Median Salary for all Python Jobs: $75,720 Median Salary for Python Architects: $80,310 Median Salary for Python Developers: $74,790
|
Ruby Median Salary ComparisonMedian Salary for all Ruby Jobs: $74,150 Median Salary for Ruby Architects: $82,890 Median Salary for Ruby Developers: $ 73,880
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This is part of the "What Makes a Programming Language Popular" series where we compare Perl, PHP, Python and Ruby. See