Light Reading
Light Reading's fourth annual salary survey of telecom professionals reveals that good times are here again, as salaries are high and optimism is even higher.

Salary Survey Report 2014

Sarah Reedy
7/23/2014
50%
50%

Things are finally looking up in the telecom market, with employees upbeat about their jobs, salaries and prospects.

In fact, 72% of those in the industry are satisfied with their current employer, and nearly 70% expect to make more money next year, according to Light Reading's latest global salary survey.

This is the fourth year we've conducted the survey and, this year, nearly 1,200 of you, including representatives from 326 telecom service providers, chimed in on what you're making, how the headcount has changed at your company, and how you feel about the future (your own and that of your company). (See Salary Survey: What's It Worth to You?)

Here are some key findings:

  • NFV/SDN is not yet having an effect on most companies' recruitment policies, but many are still hiring 4G/LTE skills, albeit it at a slower rate than last year. The good news is that the shift to next-gen mobile broadband and the introduction of telco network virtualization isn't leading to any significant layoffs (yet).
  • Our respondents are fairly satisfied with their current company and pay, but they're more optimistic for raises and advancement next year.
  • A much higher percentage of people indicated this time round that they would be prepared to leave their current employer for reasons such as more money, or greater stability.

It's refreshing to see a return to positivity. We began conducting the salary survey in 2010 when the telecom industry was still clawing its way out of the recession. At that time, it was no longer in a trough, but the labor market was in a bad state, as was employee moral.

Dr. Peter Mueser, professor of labor economics at the University of Missouri-Columbia, told us at the time that most weren't thinking beyond the fact that they have a job. Since then, he says, it's been a slow climb out of the recession. Unemployment rates are still around 6% to 7%, but the economy, in general, is much healthier.

"We're not where we'd like the economy to be, by any means," Mueser says. "It's a very slow recovery. Looking back in history, you do find recessions with very slow recoveries, but in the last 30 years, the recoveries have been much faster than this."

Other dynamics are at play, too. Many big operators are investing significantly in their networks through programs such as AT&T Inc. (NYSE: T)'s Project VIP, Sprint Corp. (NYSE: S)'s Network Vision, and Vodafone Group plc (NYSE: VOD)'s Project Spring. (See AT&T Puts Up $14B to Boost Broadband, Sprint Hunkers Down for Network Vision, and Vodafone Ups 'Project Spring' Capex to $11B+.)

At the same time, the move towards virtualization and automation is making a few positions redundant. And, as always, consolidation typically leads to more layoffs -- and more money for upper management -- something Sprint employees have realized recently. It makes for interesting dynamics in terms of hiring, firing, and money matters. (See Sprint Lays Off 800 Customer Service Reps and Sprint Axes More Clearwire Employees.)

Against this backdrop, we've broken down the salary survey into demographics, numbers, changes, and expectations. To find out and learn more, click on the table of contents below.

To revisit Salary Surveys from the past four years, click on the links below (and use "Next Page" at the bottom of each to navigate).

— Sarah Reedy, Senior Editor, Light Reading

(18)  | 
Comment  | 
Print  | 
Page 1 / 13 Next >
Newest First  |  Oldest First  |  Threaded View
Page 1 / 2   >   >>
lindafaust
50%
50%
lindafaust,
User Rank: Light Beer
8/11/2014 | 1:40:03 PM
Re: Ha! Most Admire Companies list...
Hi Liz/Sarah/Jon,


I saw that post from Jon, and wanted to comment.


I'm one of Transmode's 20%.   I've been in technology for 30 years and have found the company to be the most gender neutral environment I've worked in.   I believe the key issue we face for getting more women into Transmode or other technology companies starts when they are in high school.  We lose bright middle schoolers that are interested in math and science during these years.  Of course there are other challenges in the future, but this is the really big one.

I have 2 children finishing their senior year in college.  My son studying computer science, my daughter studying mechanical engineering.  Both tell me that men vastly outnumber women in all of their classes.  My daughter has actually found that being female has brought many advantages to her, as it makes her different.  This has made her more visible when applying for internships/jobs.

Cheers,

Linda

 
Jon B Transmode
50%
50%
Jon B Transmode,
User Rank: Light Beer
8/8/2014 | 2:14:29 PM
Re: Ha! Most Admire Companies list...
Hi Sarah - I'll pass that on, although I think most will wait until you do a Stockholm one!

Hi Liz - Sorry that you took my comments that way, that wasn't the intention. We certainly don't have quotas, just aim to get the very best person for each role. Male or female. I would suspect that something like that would be against Swedish employment law anyway.

I'm not involved in day to day recruitment so I don't see the lists of applicants for roles but there is certainly a recruitment-pool factor here. When I did my electronic engineering degree (which was a little while ago now) there were 90-95% males on the course. I hope that has changed and the subject is more appealing to all now.

Jon
SReedy
50%
50%
SReedy,
User Rank: Blogger
8/8/2014 | 1:26:06 PM
Re: Ha! Most Admire Companies list...
Thanks for the perspective, Jon. Invite the two and 20% to our Women in Telecom breakfast, please! :)
Liz Greenberg
50%
50%
Liz Greenberg,
User Rank: Light Sabre
8/8/2014 | 12:31:54 PM
Re: Ha! Most Admire Companies list...
Jon,  I think that you state part of the problem unintentionally and I quote "20% might not sound like a lot but we believe it is a good level for a company like ours with a lot of technical staff".  As a female engineer that sounds like a quota to me, why should 20% be considered good? It isn't really unless only 20% of the available pool of talent are women.

I can tell you that knowing that I would not even apply to your company because it tells me that you prefer males.  I realize that this is unintentional on your part or maybe your company's part but it is a bias.  Just food for thought not intended as a flame.
Jon B Transmode
50%
50%
Jon B Transmode,
User Rank: Light Beer
8/8/2014 | 11:11:36 AM
Re: Ha! Most Admire Companies list...
Hi Liz/Sarah,

I'm not sure if all companies do this but we report these stats (female employees etc) in our sustainability report each year:

http://www.transmode.com/en/about-transmode/sustainability/sustainability-reports

20% of new hires in 2013 were female (see page 14 of the 2013 report) and 2 of our management team are female, inc VP R'n'D. 20% might not sound like a lot but we believe it is a good level for a company like ours with a lot of technical staff.

Hope that's of some interest, apologies if not!

Cheers


Jon
Liz Greenberg
50%
50%
Liz Greenberg,
User Rank: Light Sabre
7/25/2014 | 3:04:09 PM
Re: Ha! Most Admire Companies list...
Thanks Sarah.  Per your post, the issue is pervasive across the tech sector.  It really is an ingrained attitude which is reflected all the way through the employment process.  From the moment women apply for jobs through the pay they receive for the same work.  Time and again, women get promoted to soft positions in HR, Diversity etc and rarely to anything technical.  It was great to see that HP has a woman leading the charge for their NFV work.  Maybe more companies will follow their example and look to their qualified women to lead highly visible projects. of course, their CEO is also a woman.
SReedy
50%
50%
SReedy,
User Rank: Blogger
7/25/2014 | 2:53:15 PM
Re: Ha! Most Admire Companies list...
I'll shoot you an email, Liz! The breakfast is totally free for women in the biz.
Liz Greenberg
50%
50%
Liz Greenberg,
User Rank: Light Sabre
7/25/2014 | 2:50:59 PM
Re: Ha! Most Admire Companies list...
Sarah, I was thinking of signing up for the conference and the breakfast but I couldn't find a conference price, plus my email domain is NOT a "certified" one. 
SReedy
50%
50%
SReedy,
User Rank: Blogger
7/25/2014 | 2:20:44 PM
Re: Ha! Most Admire Companies list...
Good point, Liz. We did ask about age and other demographics, but not male or female. I have a feeling the survey would be heavily skewed towards males. In fact, that's why we are hosting our first Women in Telecom breakfast in September! We're hoping to do our part to help redress the imbalance in the industry. 

More details here: http://www.lightreading.com/NFVDataCenter2014/womenstelecombreakfast.html
SReedy
100%
0%
SReedy,
User Rank: Blogger
7/25/2014 | 2:19:18 PM
Re: Ha! Most Admire Companies list...
Ray, I'm so glad you're on board with Chipotle now! It made me quite sad that you hadn't tried it before. Definitely a company I admire, at least for its burrito bowls.
Page 1 / 2   >   >>
Flash Poll
From The Founder
Is your network built on 'The Old IP,' or are you part of 'The New IP' revolution?
LRTV Documentaries
A Cultural Shift for an OTT World

9|26|14   |   01:41   |   (3) comments


Telcos need to embrace a new approach to partnerships if they are to generate extra revenues quickly and give customers what they want.
LRTV Documentaries
New Skills Needed as Telecom, IT Collide

9|26|14   |   4:07   |   (1) comment


As telecom and IT collide, new technologies are emerging, new skills are needed and new opportunities for women are arising.
UBB Forum News
Do IP Networks Need An Overhaul?

9|25|14   |   02:01   |   (0) comments


As traffic levels ramp, do IP networks need new technologies and topologies?
LRTV Documentaries
Sprint Wields Its Influence in the Valley

9|25|14   |   3:09   |   (10) comments


Anne-Louise Kardas, Sprint's connection to startups in the Valley, explains how telcos can be innovative and find new opportunities with partners.
LRTV Documentaries
SDN, NFV & The Future of XO's Network

9|25|14   |   3:47   |   (0) comments


XO Communications COO Don MacNeil explains how cloud, SDN and NFV are altering its network requirements as well as changing data centers of the future.
UBB Forum News
The OTT Conundrum

9|24|14   |   01:39   |   (0) comments


What is holding back prosperous partnerships between telcos and the OTT players?
LRTV Documentaries
Putting Broadband to Work

9|24|14   |   01:26   |   (0) comments


High-speed broadband network rollout is key to telco strategies, but it's what happens after the network is built that counts.
Light Reedy
Light Reading's Women in Telecom Recap

9|24|14   |   0:55   |   (4) comments


Our first Women in Telecom breakfast was a huge success, and we hope you'll join us in London for the next event on November 6.
UBB Forum News
Monetizing Ultra-Broadband

9|24|14   |   01:43   |   (2) comments


Ultra-broadband networks need to be built, with fiber-to-the-premises the ultimate goal, but they need to be monetized, too.
LRTV Huawei Video Resource Center
Sales Director of INIT on Plug & Play Switch Devices

9|19|14   |   3:21   |   (0) comments


INIT Italy uses both the Huawei S5700 and S7700 series switches for the campus LAN environment. Sales Director Andrea Curti says their company chose these Huawei devices over others because of their performance, flexible scalability and plug-and-play features.
LRTV Huawei Video Resource Center
Saudi Arabia Upgrades Vocational Training System

9|19|14   |   3:31   |   (0) comments


The Technical and Vocational Training Corporation (TVTC) has 100,000 students, 150 government-owned institutions and oversees 1000 private institutes. The CIO of TVTC explains that Huawei devices have allowed them to manage multiple datacenters using just one software program, scientifically tracking the progress of students and teachers, saving them millions.
LRTV Huawei Video Resource Center
Huawei's Media Solutions Are Here to Stay

9|19|14   |   4:35   |   (0) comments


The current media revolution requires rapid upgrades in technology. New formats (HD, 3D, 4K etc.) and the subsequent explosion of file sizes demand sophisticated network and storage architecture. Social media and the multiple distribution channels require a robust asset management system. Gartner analyst Venecia Liu speaks about the current technological trends in ...
Upcoming Live Events
October 29, 2014, New York City
November 6, 2014, Santa Clara
November 11, 2014, Atlanta, GA
December 2, 2014, New York City
December 3, 2014, New York City
December 9-10, 2014, Reykjavik, Iceland
June 9-10, 2015, Chicago, IL
Infographics
Half of the world's population will be connected to the Internet by 2017, but not just by smartphones and desktops.
Hot Topics
Facebook Pokes Around LTE Direct
Sarah Reedy, Senior Editor, 9/25/2014
Sprint Wields Its Influence in the Valley
Sarah Reedy, Senior Editor, 9/25/2014
US Ignite Cultivates Gigabit Apps
Jason Meyers, Senior Editor, Utility Communications/IoT, 9/25/2014
Comcast Turns Off Streampix
Mari Silbey, Independent Technology Editor, 9/26/2014
Like Us on Facebook
Twitter Feed