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Techies
Pull Down Bigger Bucks: Survey
August, 2002 from @NewYork.com -- The
technology sector may be struggling through the
worst downturn in decades, but students with
technical degrees still pull down the highest
starting salaries compared to other jobs, a survey
by The New York Times job market division has
found.
The survey, conducted by Beta Research Corporation,
polled more than 450 hiring managers and job
seekers in the New York metropolitan region. Among
its findings: students graduating with technical
degrees are typically offered the highest starting
salaries compared to their peers holding other
degrees.
For example, undergraduate students with technical
degrees were hired at salaries between $38,000 and
$52,000. Students with business-related
undergraduate degrees were just behind the tech
grads in the poll, averaging between $30,000 and
$35,000 in starting pay.
Communications majors ranked next in the survey,
garnering on average between $27,000 and $36,000 in
their first jobs. Liberal arts majors' starting pay
was next, ranging between $27,000 and $34,000
according to the survey results.
Still, for all their gains in high starting pay,
the survey found that 43 percent of hiring managers
in the New York metropolitan region were likely to
recruit undergraduate students with degrees in
business more than other candidates. Another 28
percent in the survey ranked liberal arts majors as
their next recruiting choice, followed by technical
disciplines at 24 percent. Communications majors
came in at 18 percent of hiring managers recruiting
interests.
The same trend applied among graduate students,
with 46 percent of hiring managers in the survey
likely to recruit candidates with advanced
business/M.B.A. degrees, compared to 42 percent
with M.A./M.S. degrees. But the pay was flipped,
with grad students holding technical degrees in the
$55,000 to $78,000 starting range. The next highest
pay went to M.B.A. holders in the $40,000 to
$55,000 starting range.
Still, for all extra pay that a technical degree
appears to garner in the survey results, the top
quality managers said they look for candidates is
"demonstrating strong ethics" (88 percent). The
next most important was "ability to multi-task"
favored by 78 percent of the managers
polled.
Click
here for original article from
AtNewYork.com
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