Unhappy in IT
New York technology professionals are more dissatisfied with their payouts than colleagues in the rest of the country, according to the 2009-2010 annual salary survey published by Dice.com, a leading career site for technology professionals.
In contrast to the high salaries and bonuses garnered by much of the Wall Street elite, New York IT professionals reported that their pay had remained flat over the last year, with the average salary being $86,710. Though not surprisingly, tech workers in the New York finance and banking sector earned the highest average salary — $106,344.
Still, 42% of New York technology professionals reported being dissatisfied with their compensation, compared with the 29% of Washington techs who reported being dissatisfied.
The online salary survey of 16,908 registered Dice job seekers and visitors between Aug. 24 and Nov. 12 included 1,476 New York-based technology professionals.
Non-compensation-related incentives aren’t filling the void. Only 13% are getting flexible work hours and 20% are being offered more interesting or challenging assignments.
Close to half the respondents, 48%, reported that their employers are doing nothing to keep them motivated.
For more information visit
Dice Holdings Inc. online.
Finally, an iPhone app for managed stock portfolios
There seems to be nothing that developers can’t get the Apple iPhone to do these days, and now that list includes an app that lets you peer at your managed stock portfolios.
Formula Investing, the online money management firm, yesterday announced the availability of what it claimed is the first-ever iPhone app allowing individuals to follow managed stock portfolios from their iPhone and iPod Touch devices.
Formula Investing, which offers a proprietary stock-screening system to manage portfolios of value stocks, markets its services directly to individual investors and institutions and recently announced it will be providing sub-advisory services to financial advisers as well.
The iPhone app allows users to view account balances and review portfolio performance. In addition, users are able to post questions from their iPhones for Joel Greenblatt, author of the New York Times bestseller, “The Little Book That Beats the Market.”
For more information visit
Formula Investing
