Are IT professions good paying?

[ykgoh]

I see many people complaining IT industry is sunset industry and is full of mostly dead end jobs, with low salaries. Whereas the money is all in banking, business and finance.

However, the salary statistics by HR companies usually show engineering and IT as some of the top paying industries.

Any comments on what's the real truth out there? HR companies doctoring their survey data or selectively reporting their statistics in salary reports? Or happen that those who are complaining on public forums happen to be those in bad IT jobs or companies?

I'm confused why there is such a discrepancy.

 

[huffie]

I see many people complaining IT industry is sunset industry and is full of mostly dead end jobs, with low salaries. Whereas the money is all in banking, business and finance.

However, the salary statistics by HR companies usually show engineering and IT as some of the top paying industries.

Any comments on what's the real truth out there? HR companies doctoring their survey data or selectively reporting their statistics in salary reports? Or happen that those who are complaining on public forums happen to be those in bad IT jobs or companies?

I'm confused why there is such a discrepancy.

IT industry is very broad.. from hardware to software as well as administration. and within software there're things like database, security, etc..so which is what you see and what is HR companies refering to?

 

[davidktw]

I see many people complaining IT industry is sunset industry and is full of mostly dead end jobs, with low salaries. Whereas the money is all in banking, business and finance.

However, the salary statistics by HR companies usually show engineering and IT as some of the top paying industries.

Any comments on what's the real truth out there? HR companies doctoring their survey data or selectively reporting their statistics in salary reports? Or happen that those who are complaining on public forums happen to be those in bad IT jobs or companies?

I'm confused why there is such a discrepancy.

Does it really matter seriously ? I think in modern society, you have to ask yourself what you really want to achieve in life ? There is so much talk about which industry is more prosperous and have greater earning, but it seems rather belittling on yourself to think you can only be the norm whom can achieve the general remuneration of any industry.

If you are good, you can get good remuneration working in good positions among your peers, if you sucks, it doesn't matter which industry you are in.

One has to also ask oneself, if you are just working for money, will you be happy, will you strive for more than what yourself is, will you ever know your own limits ?

I don't think for one whom is just chasing the dollar signs will actually strive to be more than what you are capable of. You are just a slave of money. But if you are good and you have passion in what you do, you will challenge yourself everyday in what you are doing. You will want to learn more and apply these knowledge in wider scope than what your job require. That's where you grow and as you grow, you know what is your next objective and where to move to. That's where the money will comes to you. May you be an employee or an employer, it works this way.

 

[ykgoh]

Anyway, what prompted me to start this thread is this news article that came out yesterday.

See: Slight pay rise seen for fresh university graduates this year, News, News, AsiaOne Business News

IT is ranked 3rd for degree holders, and 4th for diploma holders, which is not too bad at all. And I wonder how come I keep hearing IT grads who cannot find IT jobs due to foreign influx, or getting underpaid or lowballed by SMEs.

So thought of getting comments from the horse's mouth to understand the situation better. The salary data seem to be at odd with the sentiment and chatter in online forums.

 

[davidktw]

Anyway, what prompted me to start this thread is this news article that came out yesterday.

See: Slight pay rise seen for fresh university graduates this year, News, News, AsiaOne Business News

IT is ranked 3rd for degree holders, and 4th for diploma holders, which is not too bad at all. And I wonder how come I keep hearing IT grads who cannot find IT jobs due to foreign influx, or getting underpaid or lowballed by SMEs.

So thought of getting comments from the horse's mouth to understand the situation better. The salary data seem to be at odd with the sentiment and chatter in online forums.

Let's just make it plain simple. You will never hear from people whom made it, and complain about how luxurious comfort they are living in.

Even if you are not at the top of the scale, some people find obstacles as challenges. These people keep quiet and find ways out. Some live on without demanding for much. While they can't get much, but know their limits and hang on for as long as they can, the rest whom can't get what they want, but demand for more, yet didn't want to put in the necessary effort keep on complaining about how the world mistreated them, but will eventually get drowned.

So the question to ask yourself is "What are you made of ?"

Whether the industry itself is good or bad is all up to everyone of us right here. Regardless if you are newbie or a veteran, you make up part of the industry. Your decision makes the difference to the industry you are in. If you feel you are not getting your worth, first ask yourself, why are you not better than those that make it. Do you think it is solely the reason that everyone of them better than you is because they are more intelligent, stronger or just pure luck ? Each of us may have different strategies to how we succeed and different measurement too, so what is your measurement and what do you exactly want to achieve in life ?

Think about your objective, not your remuneration. Without your objectives, your remuneration will never be controllable. I would like to believe I am better than everyone below my pay scale, but I really don't think so. I see some better people that don't get remunerated well. At the same time, you will ask yourself why ? Is it because there is something in you that they don't have ? My answer is strategy, what do you think yours is ?