Comments
Wall Street IT Salary Survey: Tech Pros Looking for More
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Nathan Golia
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Nathan Golia,
User Rank: Author
5/21/2014 | 2:50:50 PM
Re: Reality check?
Flexible work arrangements are increasingly in demand and popular. Makes you wonder what's going to come of all the big Manhattan buildings that lodge Wall Street firms.
Kelly22
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50%
Kelly22,
User Rank: Author
5/21/2014 | 11:17:41 AM
Re: Over specialization?
That's a great point, and could be part of the reason why companies are offering university courses or additional training as part of compensation. Those opportunities are golden for specialists who want to continue building their skill sets. 
RobPreston
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RobPreston,
User Rank: Apprentice
5/21/2014 | 10:24:48 AM
Re: Over specialization?
Remember when PeopleSoft was a super hot skill? Now it's a specific security or data analytics or Web development expertise. It pays to keep your technical options open, thus, I suspect, the high demand for different kinds of tech-specific training. 
ChrisMurphy
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ChrisMurphy,
User Rank: Apprentice
5/21/2014 | 10:10:21 AM
Re: Over specialization?
You make a great point about the risk-reward of specialization. Probably both sides of that equation are at work when staffers said overwhelmingly that the training that they most want is technology-specific training -- 71% cite it, compared with 45% citing certification, and areas such as project management and business skills cited by less than 1 in 5 financial services staff. 
KBurger
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KBurger,
User Rank: Author
5/20/2014 | 10:11:56 PM
Reality check?
This information provides a bit of a reality check about "life on The Street" -- for all the media/political attention on outrageous Wall Street compensation, it is of course a much more complex picture. The IT professionals who make trading and investment banking possible, while in most cases compensated competitively, are not those with the astronomic compensation. Given how competitive the market is now for the hot skills/technologies, perhaps banks will need to start rethinking compensation models for IT professionals.
gogreen-traders
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gogreen-traders,
User Rank: Apprentice
5/20/2014 | 10:05:21 PM
Over specialization?
Nice to see my fellow coders making a few more $$. 

I worry about becoming overspecialized. We are a small shop, so I get to do a lot of different things, and I enjoy that. But, it seems that firms are paying more $$ to developers who have a single skillset. OK, sounds good, but what happens when that skillset is no longer needed?


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