Slowdown in 2001 Lowers IT Pay Packages
SPECIAL REPORT
LONDON--Bank IT staff faced lower pay packages and poor job security during the past year, as banks worldwide cut spending on staff and IT projects to control costs in the face of uncertain market conditions, according to research from new financial IT recruitment firm Thomson Keene Associates.
The firm predicts gradual improvement throughout 2002 as banks realize that they cannot afford to fall behind their competitors. But in the meantime, IT staffers will have to be content with less in their
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