FUNK-WK1-Assignment-Article Analysis

FUNK-WK1-Assignment-Article Analysis -...

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Running Head:  Funk-Supply and Demand and IT Salaries   1 Supply and Demand and I.T. Salaries A Reading Analysis Prepared for Professor Mike Lawrence The Economics of Business (BM 341) Marylhurst University, Marylhurst OR Prepared by Greg Funk Student of Marylhurst University Resident of Wilsonville, Oregon October 2, 2010
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Funk-Supply and Demand and IT Salaries   2
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IT Salaries and the Law of Supply and Demand An Article from CIO In her article, Levinson (2009) begins with a question, “Employers complain that they’re having trouble finding qualified candidates for open positions. So why don’t they offer more $?” (p. 1). Levinson goes on to acknowledge that IT salaries are down, however states this is due to a recession that has forced companies to make pay cuts and offer new employees lower salaries in the current environment. However, prospective employees are rejecting the salaries that employers are offering. This is why “employers are having such a hard time filling open positions”, since they cannot find qualified candidates who are willing to “work for between 10 and 30 percent less than what they earned in the past” (Levinson, 2009, p. 1). IT professionals are “not compromising on their value and rejecting insulting job offers” (Levinson, 2009, p. 1). Why is supply and demand not correcting the market, why are the offers
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This note was uploaded on 01/30/2011 for the course BUS MGT 311 taught by Professor Chuckanderson during the Winter '09 term at Marylhurst.

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FUNK-WK1-Assignment-Article Analysis -...

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