Most telecom professionals expect their salaries to either stay the same or grow slightly next year, according to Light Reading's latest worldwide salary survey. We surveyed 1,463 people working in the telecom business at the end of the summer (from July 27 to Sept. 7) and found that only about 5 percent of those surveyed were looking forward to bad news -- a pay cut of 10 percent or more.
Next year, about one-third of those surveyed expect that they'll get a small boost in pay -- 1 percent to 5 percent in total compensation, including benefits. At the same time, one-third of those surveyed say they were "somewhat dissatisfied" with their current compensation package.
While opinions about pay and conditions vary based on the individual, some greater trends emerge when you look at a large slice of the telecom world, which is why we do these surveys. This year, the theme is stability. Even though we're still in the teeth of a tough economy, a full 75 percent of those surveyed say they expect the head count in their department to stay the same or grow in the next 12 months.
In the following report, we break down our survey takers by salary, age, and years of experience, while offering some geographical slices of our questions around pay and conditions. We also, as always, are keen to lock onto employees' attitudes toward their employers and to note how technical advances have changed recruiting trends among the biggest telecom firms.
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To find out and learn more, click on the table of contents below:
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— Phil Harvey, Editor-in-Chief, and Sarah Reedy, Senior Reporter, Light Reading
