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Job News -eJobDescription.com ---
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| Technology Executive | Company / Industry | Total 2007 Compensation* | Salary |
|---|---|---|---|
| 1. Barbara Desoer Global Technology & Operations Executive |
Bank of America Financial Services |
$10,532,513 | $800,000 |
| 2. Glen
Salow EVP Technology & Operations |
Ameriprise Financial Financial Services |
$7,029,188 | $709,6780 |
| 3. Robert Carter EVP, CIO |
FedEx Services |
$5,461,269 | $510,000 |
| 4. Tim Shack EVP, CIO |
PNC Financial Services Group Financial Services |
$4,896,181 | $475,000 |
| 5. Mark Boxer President & CEO Operations, Technology, Government Services Business Unit, EVP |
Wellpoint Health Care |
$4,878,008 | $693,654 |
| 6. Bob Willett CEO Best Buy International, CIO |
Best Buy Retail |
$4,677,735 | $685,577 |
| 7. Dave Kepler EVP, Chief Sustainability Officer, CIO & Corporate Director of Shared Services |
Dow Chemical Manufacturing |
$4,672,827 | $562,310 |
| 8. Randy Darcy EVP Worldwide Operations & Technology, CTO |
General Mills Manufacturing |
$4,449,958 | $500,000 |
| 9. Bob
DeRodes EVP, CIO |
HomeDepot Retail |
$4,296,143 | $774,788 |
| 10. Larry
Kittelberger SVP Technology & Operations |
Honeywell International Manufacturing |
$4,075,648 | $606,250 |
SOURCE: Company proxy statements and 10-K filings. *Includes bonus, stock, options, incentive pay, pension contributions and other compensation
10:45:42 MDT -0600
July 17th, 2008
CDW has reported that IT staffing and spending is on the rise.
CDW says, "The past two months have seen IT executives grow
increasing bullish about the future of their organizations, according to the
results of the most recent CDW IT Monitor, a bimonthly survey that gauges IT budget
management and spending plans and tracks the perceived value of business
technology. The CEO of Janco Associates, Victor Janulaitis
disagrees. Mr. Janulaitis said, "We are seeing enterprises of all sizes
begin to be more cautious - they are now deferring both hiring and
spending."
23:06:23 MDT -0600
July 10th, 2008
(CIO Insight) Unemployment among computer-related
jobs hovers near historic lows as the U.S. information technology workforce tops
4 million for the first time.
The size of the IT workforce in the United States has topped 4
million workers for the first time last quarter, according to CIO
Insight's analysis of U.S. Bureau of Labor Statistics data. And the number
of employed IT pros reached 3,956,000 in the second quarter of 2008, also a
record high. The IT unemployment rate inched up one-tenth of a percentage
point last quarter to 2.3 percent, but still hovers near historic lows. That is
in contrast to overall unemployment, which last quarter stood at 4.7 percent,
more than double the IT jobless rate. (In June, overall unemployment stood at
5.5 percent for the second consecutive month, after shedding 62,000 jobs that
month. Comparable numbers arenÂ’t available for computer-related
occupations.) Why would IT employment remain robust as unemployment rises in
most other job categories? IT performs a critical role in business productivity,
and the efficiencies it brings are crucial for employers looking to trim costs -
including payrolls - as fuel and related expenditures soar and the economy and
dollar weakens. In addition, companies today cannot operate without functioning
IT systems, so certain business technology skills cannot be eliminated if a
company wants to remain competitive. A year earlier, the IT unemployment rate stood at 2.1 percent,
with 3,599,000 workers employed in IT and 77,000 jobless and looking for
positions in the field, for an IT workforce size of 3,675,000. With 4,050,000 managers, professionals and other staffers
holding or seeking computer-related positions last quarter, the IT workforce has
grown by 10.2 percent over the past four quarters. Another sign of a strong IT economy: the number of workers
employed by IT services firms rose by 56,100 this past year to 1,414,400, a 4.1
percent increase, according to last monthÂ’s BLS establishment survey of some
160,000 businesses and government agencies covering about 400,000 worksites. The
active sample includes about one-third of all nonfarm payroll workers.
The increase in IT services employment reflects the continuing
need by companies for outsourcers to manage corporate IT infrastructures as well
as provide hard-to-find but needed skills to develop and support new
applications and systems. Not every person employed by IT services firms - officially
labeled by the government as computer systems design and related services - is
an IT pro, but a majority are. A 2006 government report estimates that 53
percent of IT services firms' workers hold IT jobs such as programmers; software
engineers; computer, network systems and data communications analysts; or
database, network and systems administrators. Another 3 percent are computer and
IS managers. The remaining employees—44 percent of payrolls—encompass non-IT
managers and administrative and operational support personnel, including those
in finance, human resources and sales. Besides the establishment survey, the government also queries
60,000 households to determine employment and unemployment in the U.S. For our
analysis, we use a BLS quarterly report that aggregates the monthly reports and
details employment in hundreds of occupation categories. The government tracks
seven major computer-related job categories: computer scientists and systems
analysts, computer programmers, computer software engineers, computer support
specialists, database administrators, network and computer systems
administrators and network systems and data communications specialists plus
computer and information systems managers. CIO Insight analyzes these eight occupation categories to
determine current IT employment conditions. Because these IT professions
comprises less than 3 percent of the overall workforce, and each occupation
categoryÂ’s size on its own would be statistically unreliable, CIO Insight
aggregates the last four quarters to determine each quarter's workforce,
employment and unemployment levels. For example, we added BLS data from the last
two quarters of 2007 and the first two quarters of 2008 then divided by four to
determine second-quarter 2008 data. Statisticians and economists say aggregating
four quarters worth of data makes them more statically reliable than just using
one quarter's worth of data.
11:52:52 MDT -0600
June 30th, 2008
Roles of CIO as he
becomes the CTO for enterprises expand to include:
16:51:30 MDT -0600 June 27th, 2008 Great places to work are not just those that pay the most. Criteria
that employees look for are:
14:59:36 MDT -0600 June 23rd, 2008 Utah is a great place to work because of the number of things
that you can do there in your time off. If we are all working hard on our careers, plus doing our jobs
well, is there time for anything else? There is if you work in Utah because of
the number of outdoor activities you can participate in without having to fight
crowds. To succeed in our careers means not only doing well in our jobs, but
making sure that our jobs support the lifestyle that we desire. Unfortunately,
when people complain about balance, often the problem isn't too much work, but
too little life. Solving this problem can be as simple as scheduling non-work
activities or as complex as seeking flexible work arrangements. But what "life"
activities should be scheduled? Two clear facts: No one but you knows what your perfect balance
should be, and no one but you can know which activities hold
interest. In the case of Utah in the winter there is skiing, and the rest
of the year there is golf, mountain and road biking, fishing, hiking, and
boating.
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more information
How do you Make Your Enterpris a Great Place to Work
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more information
Best Life Style Place to Work is Utah
12:56:47 MDT -0600
June 11th, 2008
With the prospects not all that great in the IT Job Market, IT
professionals need to take care when they leave one company and start a job
search. IT Professionals should do before and after an job
interview. Before the Interview and while you are employed Interview
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more information
01:03:06 MDT -0600
June 10th, 2008
Based on the Janco 2008 Mid Year Salary Survey, there is
increased demand for seven positions in large enterprises and six positions in
mid-sized businness. In large business the positions in high demand are: In mid-sized business the positions in high demand
are:
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more information
17:02:16 MDT -0600
May 28th, 2008
Some keys to managing staff that is smarter than you are the following:
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more information
Hire people smarter and better than yourself
17:01:54 MDT -0600
May 28th, 2008
When we see IT professionals who are successful
we see that they will always develop a deep understanding of what it takes to be
successful and follow a few basic tenants that have little to do with
technology. The tenets are:
14:31:45 MDT -0600
May 22nd, 2008
On the heels
of earlier congressional vote in which the AgJOBS amnesty and the
employment-based permanent worker increases were stripped from the Iraq
Supplemental bill, he H-2B low skill worker increase has been removed from the
Iraq Supplemental spending bill. That places
expansion of the H-1B visa program on a path which could ultimately lead to its
reduction and or defeat.
07:06:56 MDT -0600
May 18th, 2008
What is the Chief Security Officer (CSO)? The
title Chief Security Officer (CSO) was first used inside the information
technology department and function to identify the person responsible for IT
security. At many enterprises, the term CSO is still used in this way.
The CSO title is also used in many enterprises to
describe the leader of the "corporate security" function, which includes the
physical security and safety of employees, facilities and assets. This
individual often holds a title such as Vice President or Director of Corporate
Security. Historically, corporate security and information security have been
handled by separate departments. The CSO is the executive responsible for the organization's entire security
posture, both physical and digital. CSOs also frequently own or participate
closely in related areas such as business continuity planning, loss prevention
and fraud prevention, and privacy. At a tactical level, technology is being infused
into physical security tools, which are increasingly database-driven and
network-delivered. At a strategic level, CEOs and corporate boards, motivated in
part by regulations such as the Sarbanes-Oxley Act, HIPAA, and ISO 27000
(formerly ISO 17799) 27001 & 27002 standards, desire an enterprise-wide view
of operational risk. The Chief Security Officer (CSO) is responsible for
overall direction of all security functions associated with Information
Technology applications, communications (voice and data), and computing services
within the enterprise. At the same time the CSO must be aware of the
implications of legislated requirements that impact security for the
enterprise. This includes but is not limited to Sarbanes Oxley Section 404
requirements. The CSO has the responsibility for
global and enterprise-wide information security; he/she is also responsible for
the physical security, protection services and privacy of the corporation and
its employees.
15:39:41 MDT -0600
May 13th, 2008
The
elimination of jobs will put more pressure on outsource providers as there will
be a surplus of employees who will be out of work. In the
1970s that occurred in the US and that drove a recession. The question is will that be good for
the US job market or not. Only time
will tell.
With
the acquisition of EDS by HP there will be a reduction in the number of IT
service jobs. That will have a
large impact on Outsources. There
are over 137,000 EDS jobs, with almost 25,000 in India, and many of those jobs
will be eliminated in a consolidation and automation of the combined companies
data centers.





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