IT recruitment survey shows 1 in 10 will take a pay cut!

The recession is certainly taking its toll on IT recruitment, according to a recent survey by Langley James – a UK based IT recruitment company.

They have just surveyed over 200 people, who they initially spoke with at the beginning of January.  Only 5% have so far found a new position, with over 30% of those surveyed not even getting an interview yet!

Interestingly, 1 in 10 people said that they would now accept a 10% reduction in their “salary expectations.” A further 22% said they were unable to reduce their salary, because of current financial commitments.

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4 Responses to IT recruitment survey shows 1 in 10 will take a pay cut!
  1. Mark Harai
    February 26, 2009 | 3:05 pm

    RT @thetechnewsblog – IT recruitment survey shows 1 in 10 will take a pay cut! http://bit.ly/nConj

  2. Monika
    February 26, 2009 | 3:08 pm

    RT @gacconsultants RT @thetechnewsblog – IT recruitment survey shows 1 in 10 will take a pay cut! http://bit.ly/nConj

  3. Allan Jones
    February 26, 2009 | 7:36 pm

    Does not surprise me at all. So many people looking for work, supply and demand. Always pushes wages / salaries down. Pity though.

  4. Tech News Blog Editor | Jim Connolly
    February 26, 2009 | 8:06 pm

    Allan,

    It’s a very tough time to be looking for work, unless you are a bailiff of course. I find it amazing that many large companies are cutting back on their IT support.

    These days, every business needs reliable IT systems that work.