RE: ALPSP statement on e-publishing.

[Eric Hellman <eric@openly.com>]

The new york area market is probably pathological, but the sort of person
who was expecting a total compensation package of $150,000 2 years ago,
including options and what not, will be lucky today to see 6 figures.

Like spot oil prices, this is looking at the maximum fluctuations and
would not reflect average compensations which would tend to hold steady
where the jobs still exist. But a recent salary survey indicated that IT
professionals saw compensations dip, the first such decline in many years.
http://www.newsfactor.com/perl/story/17508.html


At 5:38 PM -0400 5/2/02, J.F.Rowland@lboro.ac.uk wrote:
>Eric
>
>Do you have data showing that top notch kick ass (etc.etc.)IT professional
>has got cheaper?  A survey done a couple of years ago by Claire Greenhalgh
>in this dept at Loughborough University, for the UK government's
>Department of Trade and Industry, showed that supply of appropriately
>multiskilled staff at reasonable wages was one of the most important
>constraints on growth of the electronic publishing industry.
>
>While the collapse of dot.coms and the economic aftermath of 11 September
>may have put a few of these paragons back on to the labour market, they
>can still command salaries well in excess of those paid by publishers in
>pre-electronic days (it's not a high-wage sector of the economy
>traditionally).  Recent surveys of the impact of electronic publishing on
>both publishers and librariues show that it increases the need for senior,
>high-skill professionals and replaces lower-skill, lower wage clerical
>labour used in the days of print (a survey that I did for the Association
>of Subscription Agents in Nov-Dec 2001 showed this).
>
>So I am inclined to agree with Bob.
>
>Fytton Rowland.