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IT workers not part of bonus culture

You'd have to be dead to have missed all the drama over Wall Street bonuses. In Washington, there's a lot of angst over Merrill Lynch's move to accelerate bonus payments, even though the ship was sinking and it was about to post some massive losses. On Wall Street, bankers and traders are on the defensive. But not all Wall Streeters are part of the bonus culture--notably IT workers, whose main compensation is their salary.

The AP further notes that IT workers on Wall Street don't make much more than their brethren in other industries, unless perhaps if you work in New York City. Of course, they've long been looked down upon by the bankers and traders. You've got to wonder what they're feeling right now. It's not their fault the industry blew up.

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The reason IT types are not paid bonuses is simple: these folks never accomplish anything; never finish a project within the full scope of the original proposal and have a well developed sense of entitlement for being paid even if the work of their hands totally fails.

You mean like everyone else right now, bankers, stock brokers, and CEO's who acomplish nothing for a company.

If you had any concept of what we do you would have not posted that. I dare ask what YOU do and how much you make? Perhaps we can compare job responsibilities and compensation.

Maybe its time for IT Workers to UNIONIZE while they still exist as a group. IT Pay is worse today than what it was in the 1980s! I know auto mechanics and plumbers who demand more on an hourly basis than IT folks with graduate degrees. Oh by the way, if you do have advanced degrees better have every certificate by every vendor under the sun if you want to land a job. Image having to obtain a drivers license for every car that you MAY drive! This industry hiring mentality problems are systemic of NOT having a composite group to lobby/fight/protect IT Workers Rights. Since IT isn't unionized, today's use and abused IT workers hawk the unemployment lines in masses with older workers typically throwing in the towel and attempting to move on to other things. The top eccelon likes keeping the cream for themselves and preach the virtures of globalization as a stick to keep local pay rises for its support staff minimized. If you don't play our way then its the dreaded OutSourced word. It is of interest to note that RURAL AMERICA has thousands of towns and cities that would love influx of capital investments to put its people to work yet most eyes are overseas somewhere else. Hmmmmm....makes you wonder who's pulling the strings.

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