Nearly 2 Million High-Tech Employees Are Underpaid


Nearly 2 Million High-Tech Employees Are Underpaid
  1. Nearly 2 Million High-Tech Employees Are Underpaid
    247wallst.com
    A recent study by analysts at Paysa, released on Tuesday, pointed to a 10% gap between the actual pay and the market value for more than a third of professionals in the technology…
    Markets

A recent study by analysts at Paysa, released on Tuesday, pointed to a 10% gap between the actual pay and the market value for more than a third of professionals in the technology industry. Those software engineers aren’t suffering too much, however, with an average annual salary of $112,000, but that’s at least $11,200 that employees are contributing to the companies they work for.

The Paysa study also noted that within the next six months, 7% of all U.S. tech and engineering employees are coming due for a promotion and average salary increase of more than $17,750.

So what should technology employees do? Hunt up a new job. Overall more than three-quarters of tech and engineering employees may be underpaid relative to the market for their services; may have missed a promotion window; have been at their present company for two years or more; or are working for a company in “serious decline.” The Paysa research indicated that 6% of tech and engineering employees are working for a company “with a depth of technical talent that is declining,” as indicated on Paysa’s CompanyRank indicator.

CEO Chris Bolte said:

In 2017, the shift in power from the employer to employee will accelerate, tipping the scales in favor of the employee —…

Tags: #Gap
  1. Johnson Investment Counsel Inc. Acquires 34 Shares of Cardinal Health Inc. (CAH)

    Wkrb13.com - Markets
    01.20 / 03:09 wkrb13.com
    Johnson Investment Counsel Inc. raised its stake in shares of Cardinal Health Inc. (NYSE:CAH) by 0.4% during the third quarter, Holdings Channel reports. The firm owned 8,987 shares of the company’s stock after buying an additional 34 shares during the period. Johnson Investment Counsel Inc.’s holdings in Cardinal Health were worth $698,000 as of its…
  2. Bradley Foster & Sargent Inc. CT Sells 585 Shares of Paychex Inc. (PAYX)

    Wkrb13.com - Markets
    01.20 / 02:34 wkrb13.com
    Bradley Foster & Sargent Inc. CT decreased its position in Paychex Inc. (NASDAQ:PAYX) by 3.9% during the third quarter, Holdings Channel reports. The institutional investor owned 14,519 shares of the company’s stock after selling 585 shares during the period. Bradley Foster & Sargent Inc. CT’s holdings in Paychex were worth $840,000 at the end of…
  3. Zacks Investment Management Buys 3,522 Shares of Huntington Ingalls Industries Inc. (HII)

    Wkrb13.com - Markets
    01.20 / 02:33 wkrb13.com
    Zacks Investment Management raised its stake in Huntington Ingalls Industries Inc. (NYSE:HII) by 253.2% during the third quarter, according to its most recent 13F filing with the SEC. The firm owned 4,913 shares of the company’s stock after buying an additional 3,522 shares during the period. Zacks Investment Management’s holdings in Huntington Ingalls Industries were…
  4. Johnson Investment Counsel Inc. Continues to Hold Stake in Valspar Corp. (VAL)

    Wkrb13.com - Markets
    01.20 / 02:32 wkrb13.com
    Johnson Investment Counsel Inc. maintained its position in Valspar Corp. (NYSE:VAL) during the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 7,250 shares of the company’s stock at the end of the third quarter. Johnson Investment Counsel Inc.’s holdings in Valspar Corp. were worth $769,000 at the…
  5. Shinko Asset Management Co. Ltd. Has $1,008,000 Position in General Electric Co. (GE)

    Wkrb13.com - Markets
    01.20 / 01:59 wkrb13.com
    Shinko Asset Management Co. Ltd. lowered its stake in shares of General Electric Co. (NYSE:GE) by 1.7% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 34,037 shares of the company’s stock after selling 585 shares during the period. Shinko Asset Management Co.…
  6. Mirae Asset Global Investments Co. Ltd. Buys New Stake in ConocoPhillips (COP)

    Wkrb13.com - Markets
    01.20 / 01:58 wkrb13.com
    Mirae Asset Global Investments Co. Ltd. purchased a new stake in shares of ConocoPhillips (NYSE:COP) during the third quarter, Holdings Channel reports. The fund purchased 20,746 shares of the company’s stock, valued at approximately $901,000. A number of other large investors have also recently made changes to their positions in COP. Telemus Capital LLC boosted…
  7. Skandinaviska Enskilda Banken AB publ Boosts Position in Calpine Corp. (CPN)

    Wkrb13.com - Markets
    01.20 / 01:57 wkrb13.com
    Skandinaviska Enskilda Banken AB publ boosted its position in shares of Calpine Corp. (NYSE:CPN) by 38.1% during the third quarter, according to its most recent disclosure with the SEC. The firm owned 71,400 shares of the company’s stock after buying an additional 19,700 shares during the period. Skandinaviska Enskilda Banken AB publ’s holdings in Calpine…
  8. Suffolk Capital Management LLC Buys Shares of 45,636 Bellicum Pharmacueticals Inc. (BLCM)

    Wkrb13.com - Markets
    01.20 / 01:56 wkrb13.com
    Suffolk Capital Management LLC bought a new position in shares of Bellicum Pharmacueticals Inc. (NASDAQ:BLCM) during the third quarter, according to its most recent filing with the SEC. The firm bought 45,636 shares of the biopharmaceutical company’s stock, valued at approximately $908,000. Suffolk Capital Management LLC owned approximately 0.17% of Bellicum Pharmacueticals as of its…
  9. Skandinaviska Enskilda Banken AB publ Continues to Hold Stake in Lululemon Athletica Inc. (LULU)

    Wkrb13.com - Markets
    01.20 / 01:55 wkrb13.com
    Skandinaviska Enskilda Banken AB publ held its position in Lululemon Athletica Inc. (NASDAQ:LULU) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 15,200 shares of the apparel retailer’s stock at the end of the third quarter. Skandinaviska Enskilda Banken AB publ’s holdings in…
  10. Profund Advisors LLC Purchases New Position in TAL Education Group (XRS)

    Wkrb13.com - Markets
    01.20 / 01:19 wkrb13.com
    Profund Advisors LLC purchased a new position in shares of TAL Education Group (NYSE:XRS) during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 15,352 shares of the company’s stock, valued at approximately $1,088,000. A number of other hedge funds also recently modified their holdings of the…
  11. Bokf Na Buys 8,185 Shares of Starwood Property Trust Inc. (STWD)

    Wkrb13.com - Markets
    01.20 / 01:18 wkrb13.com
    Bokf Na raised its stake in shares of Starwood Property Trust Inc. (NYSE:STWD) by 20.0% during the third quarter, Holdings Channel reports. The institutional investor owned 49,032 shares of the company’s stock after buying an additional 8,185 shares during the period. Bokf Na’s holdings in Starwood Property Trust were worth $1,105,000 at the end of…
  12. Asia mixed ahead of China GDP, Trump inauguration less than a day away

    CNBC - Stocks
    01.20 / 00:27 cnbc.com
    Asian markets were a mixed bag early on Friday, after U.S. stocks fell overnight as risk sentiment sours ahead of Donald Trump's…
  13. Brokerages Set Cerus Corporation (CERS) PT at $9.75

    Wkrb13.com - Markets
    01.19 / 07:34 wkrb13.com
    Shares of Cerus Corporation (NASDAQ:CERS) have received a consensus recommendation of “Buy” from the seven ratings firms that are currently covering the stock. One analyst has rated the stock with a sell recommendation and six have assigned a buy recommendation to the company. The average 1 year price objective among analysts that have updated their…
  14. United Utilities Group PLC (UU) Upgraded to Outperform at Credit Suisse Group

    Wkrb13.com - Markets
    01.19 / 07:33 wkrb13.com
    United Utilities Group PLC (LON:UU) was upgraded by analysts at Credit Suisse Group to an “outperform” rating in a research report issued on Thursday. The firm presently has a GBX 1,000 ($12.06) price target on the stock, up from their prior price target of GBX 990 ($11.94). Credit Suisse Group’s price target suggests a potential…
  15. SEGRO plc (SGRO) Receives GBX 461.50 Consensus PT from Analysts

    Wkrb13.com - Markets
    01.19 / 07:32 wkrb13.com
    Shares of SEGRO plc (LON:SGRO) have earned an average rating of “Hold” from the eighteen brokerages that are presently covering the stock. Two equities research analysts have rated the stock with a sell recommendation, twelve have assigned a hold recommendation and four have given a buy recommendation to the company. The average 12 month price…
  16. ECB Preview: Dark Draghi to battle Dark Donald? [Video]

    Forexcrunch.com - Markets
    01.19 / 07:15 forexcrunch.com
    After the European Central Bank extended QE, reduced the volume and removed the limits, no change is expected now. However, with rising inflation, really there are always questions about what’s next. Will Draghi pat himself on the back with satisfaction? Or will he shrug off any hope that the battle on low inflation is nearing [...] The post ECB Preview: Dark Draghi to battle Dark Donald? [Video] appeared first on Forex Crunch. …
  17. Allianz SE (ALV) Given a €162.00 Price Target by HSBC Analysts

    Wkrb13.com - Markets
    01.19 / 06:55 wkrb13.com
    HSBC set a €162.00 ($172.34) target price on Allianz SE (FRA:ALV) in a research report report published on Friday. The brokerage currently has a neutral rating on the stock. ALV has been the subject of several other reports. Barclays PLC set a €141.00 ($150.00) target price on shares of Allianz SE and gave the company…
  18. Sterling remains in the spotlight

    Futuresmag.com - Markets
    01.19 / 05:25 futuresmag.com
    The Sterling/Dollar exploded into extreme gains on Tuesday with prices clipping above 1.2400 after Prime Minister Theresa May’s optimistic Brexit speech signalled that the United Kingdom was seeking a deal which would satisfy both p…
  19. Ionis Pharmaceuticals, Inc. (IONS) Downgraded to Hold at Zacks Investment Research

    Wkrb13.com - Markets
    01.19 / 05:05 wkrb13.com
    Ionis Pharmaceuticals, Inc. (NASDAQ:IONS) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a report released on Wednesday. According to Zacks, “Ionis Pharmaceuticals, Inc. is a RNA-targeted drug discovery and development company which focuses on developing drugs for severe and rare diseases. Ionis Pharmaceuticals, Inc., formerly known as Isis…
  20. Dick’s Sporting Goods Inc (DKS) Shares Bought by Pacer Advisors Inc.

    Wkrb13.com - Markets
    01.19 / 04:29 wkrb13.com
    Pacer Advisors Inc. raised its position in shares of Dick’s Sporting Goods Inc (NYSE:DKS) by 7.4% during the third quarter, Holdings Channel reports. The firm owned 7,703 shares of the sporting goods retailer’s stock after buying an additional 532 shares during the period. Pacer Advisors Inc.’s holdings in Dick’s Sporting Goods were worth $437,000 at…