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Conference 7.286::digital

Title:The Digital way of working
Moderator:QUARK::LIONELON
Created:Fri Feb 14 1986
Last Modified:Fri Jun 06 1997
Last Successful Update:Fri Jun 06 1997
Number of topics:5321
Total number of notes:139771

2031.0. "What is the job market really like?" by SCHOOL::LEKAS (From the Workstation of Tony Lekas) Fri Jul 31 1992 18:09

	I would like to collect information here on real
experiences of people looking for work after being TFSO.  I know
it is not a scientific survey, but I would like to get some feel
for the real condition of the job market out there.  Since those
TFSOed won't have access to notes unless they have found a job in
1 week, could others include information on people that they
know?  I'll start.

First the people that I know who have been TFSOed from DEC or
laid off from other companies recently, (i.e. Alliant), have
been in New England and are Engineers.

I only know 2 people that have been TFSOed well enough to have
kept track of their job searches.  One found a job in DEC within
the week and had solid leads outside.  The other has a solid lead
on a job in DEC and some leads outside.

I know several folks who were laid off at Alliant.  They all had
jobs within a few weeks.  The one that I know of that took a
significant cut in pay did so to join a startup with prospects of
making significant money if the company becomes profitable.

	So from this point of view things don't look too bad. 
The reason that I have entered this note is that I suspect these
results are not typical, or perhaps they are, at least for
experienced engineers.  What are others experiences with
different locations and different jobs?

		Tony
T.RTitleUserPersonal
Name
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2031.1Rates for contract writersTERSE::HUNZIKERYou gotta have heartFri Jul 31 1992 18:326
    I have some info about hourly rates for technical writers doing
    contract work in New England.  I've been told by someone who is
    doing it now that the rates are dropping by $1/hr every month.
    Lots of competition for the work now.
    
    *Susan
2031.2I assume you mean comparable work?DYPSS1::COGHILLSteve Coghill, Luke 14:28Fri Jul 31 1992 18:5914
   What do you mean by "getting work".  If I were to get ax today, and
   if I wanted to stay in my location (Dayton, Ohio) I would have to
   take about a 30%-50% pay cut.  There is little demand for computer
   people here and next to zero demand for Digital people here.
   
   One of the things we have always touted about VMS is that you don't
   need a bevy of support personnel to keep them running.  Guess what? 
   Our customers in Dayton have figured that out.  Many of them are
   cutting their VMS staffs and getting along fine (status quo).  No new
   applications, but the current systems are keeping up.
   
   If I get the ax, and I want to stay in computers, I will have to
   become a Unix (i.e. Sun) expert real quick, or move to Cincy or
   Columbus.
2031.3de[ends on skills and what you'll put up withCVG::THOMPSONRadical CentralistSat Aug 01 1992 23:0017
    Last winter an instructor I had was laid off from Wang. he had a 
    new job in a couple of weeks or less. I asked him about it. His 
    reply was that there are jobs out there. BUT
    
    They don't pay what you want.
    They're not located where your want to wonk.
    They're not doing what you want to do.
    
    If you can live with those things - no problem. Of course this guy
    had years of experiance doing everything from applications to drivers
    and compiliers.
    
    		Alfred
    
    PS: One friend of mine who took SERP got a $10,000 signing bonis with
    the company who hired hima nd moved him to the left coast. Agains he
    had some special skills.
2031.4another viewSGOUTL::BELDIN_RD-Day: 240 days and countingMon Aug 03 1992 11:4011
    Somehow, I think the tears and gnashing of teeth are not about jobs,
    but about careers.  It seems that some of us built our lives around
    this thing called a "career" which is part reality and part myth.  One
    of the myths is that "you are in charge of your career".  Well, you
    are, within limits.  And Digital is now telling some people what the
    limits are for them.
    
    Many will be able to find new jobs.  But their "careers" have been shot
    down.
    
    Dick
2031.5Supply and Demand!FLYSQD::MONTVILLEMon Aug 03 1992 14:3628
    
    
       I too have had several friends and associates who have for one
    reason or another left this company as well as other computer
    companies.  In speaking with some they say it's all how you can market
    yourself and your skill sets.   I know some who have made out rather
    well and some who think they should be making what they were making
    here at DEC or a competitor.  However, it is a simple fact of "supply
    and demand".  The hiring companies know full right that the market
    is saturated with "competent" people to fill vacancies within their
    ranks.  Now picture yourself as a hiring company knowing that the
    latest round of (specualted) layoffs (or whatever you want to call it)
    are going to more than likely bear some good candiates with special
    talents from DEC, Prime, Data-General and whoever is else is getting
    rid of these higher paid folks.
    
    "Well Mr./Ms X, I can see that that you have many of the skills that
    we require to fill the position.  However, the salary requirements
    that you are looking for are not within the current market.  Now would
    you be willing to come down by $5K (7K, 10K).
    
    Yep, it reverts back to "supply and demand" and what the market will
    bear.
    
    Just my thoughts and some information from people who have gone through
    it already.
    
    Bob Montville
2031.6ECAD2::SHERMANECADSR::Sherman DTN 223-3326Mon Aug 03 1992 14:476
    The past few times I've been contacted by outside firms has apparently 
    been because they seem hopeful that I'll be offered "the package" and will
    be willing to come down in salary in order to hire on with them.  Can't
    really blame them.  It's probably happened a lot already.
    
    Steve
2031.7my two centsMRKTNG::MILLER_COLEMon Aug 03 1992 15:0726
    I've already started to look outside of Digital ...  like everyone
    else, I'm waiting to see/hear what will happen to my organization.
    
    In talking to several headhunters and contract agencies, the general
    consensus seems to be that if you are TECHNICAL, or have special
    skills, that there are jobs out there.  Companies always need someone
    to do the actual, physical work.  (VMS people should make an effort now
    to start learning UNIX, if you haven't already.)
    
    However, if you are looking for LESS TECHNICAL positions, e.g., Product
    Marketing, Management, etc. the competition becomes a little more
    fierce.  My husband was looking for a job in retail marketing; he had
    the experience and his MBA.  (He was laid off from a fish manufacturer
    mid-May).  He contacted 72 companies in New England, and was turned down 
    by all of them his first month out.  After some discussion, he's agreed 
    to  open his channels ... now he's considering returning to Sales, as
    well as looking out of state.  Right now, we have bills to pay ... and a 
    job is a job.
    
    I think that that is the key - you have to be willing to look at a
    range of different jobs, and consider the option of a cut in pay.  How
    much do you really need to earn to pay the morgage?  Granted, more is
    always better ... but something that pays the bills is better than
    nothing at all.  A friend of mine has a husband in real estate in NH ...
    every day he acquires property that has been foreclosed ... people just
    pack up their bags and walk away from their houses. 
2031.8The Great EqualizerOLDTMR::FOXMon Aug 03 1992 15:186
    In the 80s, the pay scales were all escalating up and up...job hopping
    and doubling income. Seems the trend is reversing. Also, kind of sad is
    the deminishing notion of "career". Many have sacrificed raising
    families, geographical statbility...etc all in the name of career and
    ladder climbing and how has it repaid them in the end...
    
2031.9NOTIME::SACKSGerald Sacks ZKO2-3/N30 DTN:381-2085Mon Aug 03 1992 15:497
re .8:

>    In the 80s, the pay scales were all escalating up and up...job hopping
>    and doubling income.

I used to get 15-20% annual raises (pre-DEC), but that was in an era of
double-digit inflation.
2031.10Sad to see friend leave...RT95::HUOlympic GameMon Aug 03 1992 18:5616
    
    Friend of mine working in DEC, also ready relocate to West Coast next
    week. Strangely enough, DEC west coast willing to pick him up, but
    offer no relacation package at all. And Finally, he choose the current
    small scale firm offer him relocation package. He had 8-9 yrs of SW
    support, SW devlopment experience.
    
    Rgd, the pay scale discussion, the high pay of 80's is long gone.
    Due to the slow growth of economy and fierce competition of computer
    industry, I don't see any company such as DEC can afford higher pay
    increase or better competitive salary in forseeable future.
    
    FWIW
    Michael
    
    
2031.11How well can you type?TOHOPE::REESE_KMon Aug 03 1992 23:2313
    Skill set seems to be the key.  If you are in sales, the job market
    is verrrry tight right now.
    
    If you can equate it to how we describe the housing market; sometimes
    it is a sellers market, sometimes a buyers market.  Right now, any
    company with a few job slots can choose to be extremely picky.  A
    TFSO'd sales friend is running into scenarios where the hiring
    companies are offering ridiculously low base salaries....you're ex-
    pected to make it up in commissions, benefit mileage varies greatly.
    She says the attitude seems to be take it or leave it <--- someone
    else WILL bite.
    
    
2031.12I'm gonna find out...DELNI::OVIATTHigh BailiffTue Aug 04 1992 13:537
    
    Well, I, for one, will have to find out the hard way, as I was TFSO'd
    yesterday.
    
    My brother, who has been through this several times, says looking for a
    job IS a full-time job itself.  Guess I'm gonna find out the hard
    way...
2031.13ARTLIB::GOETZELanguishing...Tue Aug 04 1992 22:256
re relo to left coast: I hear it costs Digital about 100k every time they relo 
someone from right to left coast. In this climate, that may affect things
because there are plenty of people (probably more than in Mass) both
internal and external to DEC looking for work in Calif right now.

erik
2031.14FORTSC::CHABANPray for Peter Pumpkinhead!Tue Aug 04 1992 23:1420
    
    Hmmm...
    
    You saying east coasters are looking for jobs in CA?  
    They might have a rude awakening when they see how little home 
    they can get for their money.
    
    Yes, the job market is a little better in Sillycon Valley, but 
    the deterioration in lifestyle might make it easier to leave the
    computer biz and take a lesser-paying job in a cheaper locale.
    
    My $.02
    
    BTW, I know of at least three cases where DEC moved someone out
    here only to see them leave the company or get relocated back when
    they saw how tough things are.
    
    -Ed
    
                                                                   
2031.15SERP's and TFSO's wantedTEXAS1::SOBECKYIt's all ones and zerosMon Aug 10 1992 15:065
    
    	There was an ad in yesterday's Boston Globe help wanted section
    	targeted at 'SERP's and TFSO's'. 
    
    	John
2031.16Please elaborate...GUCCI::RWARRENFELTZMon Aug 10 1992 16:595
    RE:.15
    
    John:
    
    Could you elaborate what the ad contained, etc?
2031.17I'll dig it out and post itTEXAS1::SOBECKYIt's all ones and zerosMon Aug 10 1992 17:179
    
    
    	It didn't have a lot of detail...it advertised positions in
    	marketing/management, if I recall correctly. It was looking for
    	"entrepenuarial" types. It had a fax # to send resumes to.
    	
    	I'll dig it out and post it tonight.
    
    	Joh
2031.18how to make easy money, place an ad...DEMING::GARDNERjustme....jacquiMon Aug 10 1992 18:448

    -1

    Probably one of those "send a self-addressed stamped envelope and
    xxx dollars" to learn how to make big bucks fast!  

    justme....jacqui
2031.19The ad in it's entiretyLEGUP::SOBECKYDarwin had a pointMon Aug 10 1992 20:0613
    
                   **SERP/TFSOers**
    
    Seeking SERPers and TFSOers to join the 24th fastest growing co. in
    the U.S. with a $1 Billion/sales base. The innovative and expanding
    product line focus on the environment and education in both the U.S
    and int'l markets. There are marketing/mgt. positions for every level
    of SERPers. This means an opp. for Exec/entrepeneurial personnel to
    transition into a financially rewarding career. No investment req.
    FAX resume: 617-935-2581.
    
    This was reprinted without permission from the Boston Globe, Sunday,
    August 9, 1992.
2031.20A disclaimer...LEGUP::SOBECKYDarwin had a pointMon Aug 10 1992 20:098
    
    Of course I have no stake, financially or otherwise, in the ad that
    I posted. I find it ironic that advertisers are using 'SERP' and
    'TFSO' in their ads..
    
    Just replying to the base note...
    
    John
2031.21try to find a headhunter, I hear they are goodSTAR::ABBASII spell checkMon Aug 10 1992 20:2921
    It is easier to find work if you get a headhunter, I dont know
    about them, but the headhunters seem to be a good source to find
    a good job, they do all the leg work for you, and contact you when
    they find something they think you'll want.

    I never seen a headhunter my self, and I have no idea where they live,
    or how they look like, but some of my friends did get jobs using 
    headhunters.

    I think headhunters are different from a plain job agent, I think a
    headhunter is more specialized, and you must be really good for a 
    headhunter to help you out, I think you must be like a consultant
    or even a manager for headhunters to be interested in you, headhunters
    seem to work on commission, and so the more you make, the more they'll
    want to help you out.

    hope this helps.
    
    thank you,
    /Nasser
    I spell checked
2031.22ZYDECO::PEACOCKShakin' the bush, BossMon Aug 10 1992 20:348
    re: the want-ad
    
    
    Bet its AMWAY  ;-)
    
    
    Tim
    
2031.23SWAM1::PEDERSON_PABuy Bespeckled-Bovine brandMon Aug 10 1992 20:4310
    Re:  a couple back
    
    What exactly is a "headhunter"? I've heard the term, but
    never knew who they were, what they did, or where to find
    them.
    
    Are they just another name for employment agencies?
    
    Any insight would help.....
    
2031.24ADSERV::PW::WINALSKICareful with that VAX, EugeneTue Aug 11 1992 01:1411
"Headhunter" means "executive search consultant", the folks the companies
hire to find a new CEO or key technical person.  It's become more or
less synonymous with professional empolyment agency these days.

It's generally better if you do NOT go through a headhunter to land a
position if you can avoid it.  The reason:  your employer has to pay the
headhunter some fraction of your annual salary as a search fee.  That
usually ends up meaning that the employer's top offer must be n% lower
if you go through the headhunter.

--PSW
2031.25Headhunters continued.MAST::ARRIGHIIt's these Klingon crystals, Captain.Tue Aug 11 1992 04:1516
    re .24 
    
    I haven't found that to be true.  Most companies, if they are receptive
    to headhunters at all, will make offers to applicants based on
    qualifications and the company's pay scale, without regard to whether
    the applicant came through a headhunter or mailed a resume direct. 
    Some companies have a "principals only" policy, especially in times of
    tight budgets.  However, some companies use headhunters that they trust
    to pre-screen candidates and view the service as value added.
    
    I've gotten jobs both ways, direct and through a headhunter.  A good
    one is a valuable source of information and will know about jobs that
    never make it into the want-ads.  A bad one can be a major pain.  Get
    recommendations from your associates to find a good one.
    
    Tony
2031.26Beware of "outsourced" recruiting !BEAGLE::BREICHNERTue Aug 11 1992 11:356
    re: headhunters
    I'd guess that as companies "outsource" anything that they'd 
    not consider as "core business" it might affect recruiting as
    well. You could miss plenty of opportunities if you exclude
    "headhunters" or other agencies in your job hunting.
    /fred
2031.27Careful of the agenciesROULET::ROSOSKYTue Aug 11 1992 13:2037
    
    
    re: .24 and .25
    
    In the past, many companies paid the headhunter; the search firm's fees
    got picked up by the employer.  Today, however, it's a buyer's market
    and not a seller's.  In other words, it's the individual that needs the
    employer, not so much the employer who needs the individual.  What many
    headhunters are doing these days is charging a fee to the person
    looking for the job.
    
    I checked out two headhunters over the past couple of months.  They are
    more than willing to work with you to find a new position .... but what
    they don't tell you until the end of their salespitch is that it's
    going to cost YOU money.  In one case, I was told that they would only
    charge me their minimal fee of $2500.  In another, the fee was $560. 
    What irked me the most was that I felt I was mislead twice .... I point
    blank asked (via telephone), before I would even discuss setting up a
    meeting, whether or not the agency charged a client fee.  Both
    headhunters told me "no."  Then when they get you face-to-face and
    butter you up all warm and fuzzy about how they can place you in a new
    position making 20% more than what you presently earn do they drop the
    small fee routine on you.  I don't agree with paying someone $2500 to
    find me a new job.
    
    Not all search firms do this.  But I've found more and more are
    operating this way.  The ones that don't are SWAMPED with resumes and
    cannot handle the overflow.
    
    .26 makes a good point.  "You could miss plenty of opportunities if you
    exclude "headhunters" or other agencies in your job hunting."  I guess
    that given the state of the jobs these days, you need to decide if you
    are willing to pay money out of your own pocket.
    
    Careful of the agencies.
    
    - Mike 
2031.29.28 formatted for 80 character terminalsSCAACT::AINSLEYLess than 150 kts is TOO slowTue Aug 11 1992 16:4130
           <<< HUMANE::DISK$DIGITAL:[NOTES$LIBRARY]DIGITAL.NOTE;1 >>>
                          -< The DEC way of working >-
================================================================================
Note 2031.28           What is the job market really like?              28 of 28
SMEGOL::COHEN                                        20 lines  11-AUG-1992 12:12
                          -< Like Real Estate Agents >-
--------------------------------------------------------------------------------

    Some people might consider "headerhunters" the equivalent of a Real
    Estate agent; expensive to use but possessing valuable information that
    you wouldn't have access to any other way.  i.e., they may know about
    job openings that you won't through your networking and the papers.  So
    they are useful.  But you want the respected  agencies with access to
    this "information" and not agencies that will mass mail your  resume. 
    (You can do that yourself).   They can be as professional or slimey as
    any profession.

    Charging a fee bothers me a great deal.  It makes me wonder about the
    "true"  capability of the agency.  Either they can't earn a living
    placing people solely by company fees or they are opportunistic in
    these hard times.   I would be hard  pressed to pay someone to help
    place me.   Not really a question of pride as much as a question of
    well spent money.  Do you get your money back if they can't place you?  

    Of course, it's easy for me to say this now, but I don't think spending
    the money would help get me the job....

		Bob Cohen
 
    
2031.30GAZELE::MURRYRevolution CallingTue Aug 11 1992 19:196

re: .22

No, that can't be Amway...Amway is doing over $5 Billion this year.

2031.31It's not always skill they are hiring.....NECSC::ROODYWed Aug 12 1992 15:2717
    re - The ad in the Globe
    
    This could be almost any company which is looking to do to us what we
    have done so skillfully in the past; namely hiring people with account
    or portfolio specific knowledge and contacts for Who they know, not
    necessarily what they can do.  We are a fortune 100/500 focused company
    with many lucrative accounts.  One key portfolio or account manager
    could provide a multi-million dollar contact to an aggresive company,
    and then the companies own sales force could handle the close.  How
    many of these people have left the company recently?
    
    Of course, how long would they need you before they decided it would be
    more beneficial to go out and get a fresh body?
    Just a different perspective.
    
    /greg
    
2031.32ECAD2::SHERMANECADSR::Sherman DTN 223-3326Wed Aug 12 1992 19:254
    Shoot, they may even be getting this information by pumping them during
    the interview(s).  Then, they don't even have to hire them.
    
    Steve
2031.33ahh, but a name isn't as valuable as a handshake...NECSC::ROODYWed Aug 12 1992 20:4311
    re -1
    
    Maybe, but I'd wager you wouldn't get the same milage from "Hi, I know
    Steve Sherman and he gave me your name" as you would if Steve Sherman
    called the vp of MIS for Acme-Mart, set up a dinner meeting during the
    biggest trade show of the year, and then went with you and personally
    introduced you to the lady in question.  Or would you?
    
    Just a thunk.
    
    /greg
2031.34So the wild guesses can stop wasting disk space...HSOMAI::HARDMANThunderTruck(tm) lives again!!!Wed Aug 12 1992 22:2811
    Just so you folks can stop guessing who our 'new competitor' is...
    
    .19>product line focus on the environment and education in both the U.S
    
    The ad is for NSA, the water and air treatment folks. They recently
    branched into selling some kind of educational materials for kids. A
    friend recently took me to one of their meetings. I didn't take the
    bait. ;-)
    
    Harry