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Will IT field employees get to earn as much as bank employees?

Bankers’ salaries dropped by 12% in June compared with the level of 2008, while in the IT or telecom fields employees’ gains have advanced by over 18% in the past two years, in line with National Statistics Institute (INS) data.

Adelina Mihai · 4 august 2010 · 1 min de citit

Bankers’ salaries dropped by 12% in June compared with the
level of 2008, while in the IT or telecom fields employees’ gains
have advanced by over 18% in the past two years, in line with
National Statistics Institute (INS) data. While at management level
bank salaries are still among the biggest in the economy, people
working in the IT field on execution positions have already started
generating higher incomes than bank employees. The net average
salary in the IT field stood at 716 euros in June, up almost 18%
from two years ago, while bank employees have lost almost 100 euros
from the salary they received in 2008, getting to net salaries of
770 euros in mid-2010. Though, it is little likely that the value
of the net average salary in the IT or telecom fields should go
beyond the level of bank salaries, as long as the personnel
organisation chart in the two industry does not change. “Though on
execution positions the salaries of IT employees are bigger than
those in banks, I do not believe they will exceed the average. The
salaries of bank managers have remained very high, and these
institutions have very many management employees. Instead, in the
IT field there are fewer heads, and their salaries are not very
high compared with those received by the other employees,” says
Mirela Marinescu, a recruitment manager with APT recruitment
firm.

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