Trade Group: US Software Developer Wages Fell 2% Last Year
First time accepted submitter russotto points out the claim of industry group TechAmerican Foundation (reported by Computerworld) that "wages for the software industry are falling, not rising. Wages fell 2% to $99,000 in 2012." Averages are one thing; the article points out though that wages vary vastly within the industry, and that some jobs are harder to fill (thus, better paid) than others. An excerpt: "Victor Janulaitis, CEO of Janco Associates, a research firm that also analyzes IT wage and employment trends, cited a number of reason for the decline in wages for software professionals. First, technology is becoming easier to implement without having an IT professional, he said. Also, the option of turning to outsourcing creates less pressure to increase wages. As the recession continues, companies continue 'to look at productivity and will often look to hire individuals who are lower cost employees,' said Janulaitis. That could include displaced baby boomer workers who have been out ...
Pakistani women turn to once-taboo divorce to escape abuse
ISLAMABAD - Pakistani women are slowly turning to divorce to escape abusive and loveless marriages, once taboo and still a dangerous option in this strict Muslim nation even as more women become empowered by rising employment and awareness of their rights.
Found more than 1 month ago on channel Reuters
Founder Steve Perlman Is Leaving OnLive, Investor Gary Lauder Takes Over As Chairman
Cloud gaming company OnLive has announced that the company's founder and CEO Steve Perlman is "departing to work on his myriad of other projects." Lead investor Gary Lauder is taking over as the company's new chairman, while Charlie Jablonski, the VP of operations, has become Onlive's COO and acting CEO. The news follows a fairly convoluted piece of corporate maneuvering, presumably brought on by financial pressure, that saw the company sell its assets to a new entity that will also do business under the name OnLive. The new OnLive said "almost half of OnLive’s staff were offered employment at their current salaries," with the rest offered consulting positions in the new company in exchange for stock options. (None of the previous options transferred over.)
OnLive Sold To OnLive And Nothing Will Change, “Heartbreaking Transition” Notwithstanding
Faced with a dire financial situation, OnLive is been sold to another company that will do business under the name OnLive. Because the move is an "Assignment for the Benefit of Creditors," wrote Jane Anderson, the new OnLive PR rep, "Unfortunately neither OnLive, Inc. shares nor OnLive staff could transfer under this type of transaction, but almost half of OnLive’s staff were given employment offers by the new company at their current salaries immediately upon the transfer, and the non-hired staff will be given offers to do consulting in return for options in the new company."