Lizzie, I don't totally agree with your assessment that the US economy is broken. I have a great deal of visibility on both the client and vendor side of IT businesses. 2 things I am noticing:
1). IT spending is definitely picking up in corporate america, but
2). vendors are not sufficiently hiring to meet increased demand.
as a result, I am seeing very overworked, disgruntled, and low-morale workers everywhere. Not only are vendors not hiring (resulting in more work for everyone else), they are also NOT rewarding these workers with raises, bonuses, etc.
What does this mean? Well, there are a lot of unhappy workers out there with NO loyalty to their companies anymore. When the opportunity presents itself (and it will), IT workers will leave without hesitation to greener grounds.
The good news is that today's situation is good for the shareholders of IT companies. Increase demand, fixed expenses means more profit. I just wouldn't want to be an employee.
This situation is not sustainable, imo, and at some point, companies will have to "invest" in people again. But, right now, it's profit over everything else, which is a bad long-term strategy, imo.
Joey |
