Matthew Palmer wrote:
On Sun, Feb 19, 2006 at 02:38:05PM +1100, O Plameras wrote:
Terry Collins wrote:
O Plameras wrote:
This is the base salary graduates start with 15 years ago, in
at least two Companies I know. So, graduates base salary
now should be higher than this. 15 years is a lot
of years in the IT industry.
NOPE. Supply and demand. There is an enormous number of IT "graduates"
these days, so IMO advertised starting salaries are generally down to
what they were 15 years ago.
I posted the $15-20K one as it was offered each year for a few years.
What hasn't been mentioned yet is "industry" If you are in the pure IT
side, then "the best" can get some "spectacular" salaries, but other
industries tend not to have salaries too much above industry norm, so
the $25-20K was a dogsbody in finance as a start, but some of those
companies can reward well.
This is less than a student rate, and much less than a graduate rate.
For $25,000 stipend (or salary) per year one could continue University
and earn a Ph.D.
Because that'll get our "clever country" moniker back -- people who aren't
worth $25,000 a year doing advanced research.
There aren't anywhere near enough Ph.D scholarships to cover the number of
IT graduates who aren't worth any more than that on the open market. On the
upside, though, at least if they're kept in a postgrad lab, they'll do less
damage there than out in the real world exercising their "skills".
You meant, here in Australia, not enough scholarships and/or
assistanships. Universities
are squeezed out of funds. So insufficient funds is the cause for lack
of Ph.D. scholarship
rather than the recognized need for them or lack of qualified and
interested
students.
Those graduate students with these burning desires to pursue Ph.D and
are not constrained
by financial obligations like repayment of loans or mortgages go out to
USA or
Europe and stay there afterwards because there is less incentives here
to hang around, I
suppose.
O Plameras
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