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IT Productivity
RSS Feed URL : http://www.itproductivity.org/news/rss.xml
Category : Human resources
Total Views : 12
Latest entries from this feed url
Salary Survey Reveals Companies Are Cutting Benefits to Control Costs

Janco has just released it 2009 IT Salary Survey and it finding show that IT compensation has been adversely impacted by the down turn in the economy, outsourcing, lay-offs, and hiring freezes.  In addition companies are now cutting benefits to help control costs.

  

Fringe Benefit Analysis

 

Fringe Benefits - Historical Trends

2006

2007

2008

2009

Insurance - Health

87%

90%

95%

81%

Insurance - Life

75%

75%

85%

64%

401K

69%

71%

70%

64%

Trips (i.e. off-site planning, trade shows, training)

42%

63%

55%

44%

Insurance - Disability (beyond mandated requirements)

63%

58%

67%

49%

Flexible Hours and or Schedule

61%

57%

60%

49%

Personal Performance Bonus

53%

53%

59%

66%

Enterprise Performance Bonus

42%

38%

46%

42%

Stock Options

45%

21%

22%

27%

Automobile

9%

11%

10%

21%

Since 2006, for the most part, there has been a continued reduction in the fringe benefits paid by companies of all sizes.  In the case of 401K's many companies have stopped providing a contribution to those plans for their employees.  In 2008 and 2009 the companies falling into that category include:

  • Cushman & Wakefield
  • GenCorp
  • Eastman Kodak
  • FedEx
  • Ford Motor Company
  • Frontier Airlines
  • General Motors
  • Intermountain Healthcare
  • Motorola
  • Resorts International
  • Vail Resorts

That along with all of the firms that have declared bankruptcy or gone out of business is placing pressure on the remaining firms to control employee expense more.  As a result there now is pressure to reduce other expenses such as family paid health insurance versus employee health insurance, life insurance, disability insurance beyond what is mandated by law and "unnecessary" travel and trip expenses.

  

With outsourcing and lay-offs impacting may companies, IT professionals are now more focused on "being in the office" during normal work hours so their employers can see that they are providing value.  Flexible hours are not viewed as being as important a benefit as maintaining a job.


Outsourcing to Drive More IT Job Offshore In This Downturn

Plenty of companies have reasonable qualms about their offshore outsourcing initiatives, but make no mistake: offshoring is alive and well.

OutsourcingIn two years, 25 percent of all IT jobs will be located outside the U.S. That's one of the more compelling findings in the new study.

A total of more than 350,000 jobs in finance, HR, information technology and procurement will be farmed out overseas over the next two years, according to the study. About half will come in IT.

And businesses are seeing substantial benefits. The study says that by 2010, a typical Global 1000 firm will see annual general/administrative cost savings of more than $28 million, thanks to globalization.

But the economy still stinks, and those job cuts everyone feared are in the works. The study says almost one-third of companies polled say they have enacted a combination of hiring freezes and cutbacks in IT, the most-hard hit area overall.


Lost Data Causes Productivity Loss

Record Management PolicyInformation is one of a company’s strategic resources. The company owns valuable proprietary processes, sensitive customer information, private vendor lists, and strategic goals that have great value – and may be attractive targets for competitors or thieves. In some cases companies have a legal obligation to protect that data. Data also has to be protected from accidental (or intentional) corruption, and IT professionals must ensure that company data is accessible or deliverable when necessary.

As a result, companies spend a significant portion of their IT budget on managing and protecting information. Sometimes business interests collide. More security sometimes means less productivity, more cost and less return on business investment. A company’s data can be lost or stolen if network users don’t follow basic security procedures. Lost data can mean…

  • Lost time
  • Lost money
  • Lost opportunities
  • A lost competitive edge
  • A crippling legal liability and a serious public relations problem, if the company loses customer or client data

IT Spending Will Increase With the Coming Recovery

IT BudgetsFactors that are driving our forecast that things will be better are:

  • Falling Energy Costs - With the drop in energy a major downward pull on the economy has been eliminated.  Everything will continue to be priced reasonably, and imports will increase again.  That will boost the economy in China and help drive the world wide recovery.
  • Falling Interest Rates - Will push the improvement in the performance of banks and investment firms, which will result in some modest growth. The lower interest rates will enable companies in many sectors of the economy to invest in some growth as well.
  • The Dollar's Value is increasing - The dollar has gained value during the economic crisis because it's seen as a safe haven and there should be an increase in the DOW and NASDQ.
  • Government's economic stimulus plan - It looks like the package will  include $700 billion to $800 billion in new investments, many of which will involve technology. Targeted vertical markets will include education, health care and energy, the latter with an array of new initiatives that will rely on IT.

2009 Version of Job Descriptions HandiGuide Released

IT Job DescriptionsThe 2009 Version of the Internet and Informantion Technology Position Descriptions HandiGuide® has been released.  The HandiGuide® now has 220 full Job Descriptions and has been updated to use a standard CSS style sheet for the HandiGuide and the Word versions of the job descriptions.

All of the job descriptions have been upated to be fully compliant and take into account the requirements of Sarbanes-Oxley, HIPAA, PCI-DSS, and the ISO standards.  In additon to the full job descriptions for Chief Information Officer (CIO), Chief Technology Officer (CTO), Chief Security Officer (CSO,) Chief Compliance Officer (CCO) the new job descriptions include:

  • Director Safety Program
  • Manager Record Administrator
  • Manager Sarbanes-Oxley Compliance
  • Manager Waste Management
  • Project Manager Enterprise Architecture
  • Enterprise Architect
  • PCI-DSS Coordinator
  • Record Management Coordinator
  • Systems Integrator
  • Waste Management Coordinator

Added to the HandiGuide a sectionon motivating employees and a Candidate Interview Control log.  A full table of contents can be downloaded from the IT Productivity Center


Disaster Recovery - Business Continuity Template Defined

Disaster Plan Business Continuity PlanJanco’s professionals have written and maintained hundreds of plans.  The Disaster Recovery – Business Continuity Template they have developed, helps you with vision, strategy, problem solving, and the day-to-day challenges of the Disaster Planning and Business Continuity processes.

 

It is highly recommended that your Disaster Recovery – Business Continuity plans be updated on at least an annual basis and more frequently if the pace of change at your enterprise dictates. Have you updated all of your plans in the last year? No resources? No experience? The Disaster Recovery – Business Continuity Template is what is needed.

The Disaster Recovery – Business Continuity Template can assist you achieve your goals and objectives.

 

The objectives of a disaster recovery and business continuity plan are first to protect your business’ human and physical infrastructure and second to stay in business...no matter what happens. Have you met the major objectives of a disaster recovery and business continuity plan?

 

Regardless of all your good efforts--without advance Business Continuity Planning (BCP)--your business may be closed due to an overt or covert terrorist attack, a cyber attack, severe electrical storm, hurricane, earthquake, wildfire, flood, epidemic or other cause.

The questions that the Disaster Recovery / Business Continuity Plan template help you answer are:

  • How well protected is your business against future hurricanes, tornadoes, earthquakes, floods, a pandemic event or a terrorist attack?
  • How prepared is your business to reopen within 24 to 48 hours following a natural or man-made disaster or epidemic?
  • What is your disaster Recovery-Time Objective (RTO: your targeted time-limit to get critical operations/systems back up and running) following a local disaster?
  • Have you formulated a plan and strategies to limit the impact of risks to your business?
  • How quickly can you return from incremental business resumption to normal business operations after a minor disaster? After a major disaster?
  • Do you believe that insurance will take care of the losses?
  • Where will your customers/clients, vendors/suppliers go, during downtime, when your building is destroyed or employees are quarantined and your business is knocked to its knees?
  • Will your management team, employees, suppliers, and customers be well informed about impact, on the bottom line, if there is no Business Continuity Plan?

Succession Planning a Must for Your Success

Janco has learned some lessons about managing sudden changes from loss of key managers. Losing a business is a tough way to "go to school".

  • Lesson One: Have a Succession Plan - Start immediately to work with your current executives to create a succession plan. This is not an implied threat, but rather an appropriate leadership responsibility. Prudent and diligent management will provide a clear process in the event of a planned or an unexpected vacancy.

    That plan, actually part of the wise management of your organization, should contain systems that capture and preserve the institutional memory of your organization. Too often, executives have treasures of knowledge that are never recorded, entered into the database, or placed in the donor files. When they go, they walk out of the door with those treasures.

    IT Salary SurveySecond, make contact with individuals or firms that provide interim executive leadership. This is a growing service being provided by a number of professionals that will allow your organization to have experienced leadership during the transition to your next placement. Having an interim executive managing the organization can free the directors to focus their energies on the search for a permanent leader.

    Finally, become knowledgeable about the talent pool in your community and have a list of potential all-stars you’d like to recruit. Pay attention to the success and failure of the other nonprofits in your area and your field. Learn who the players are and don’t be hesitant to keep track of the up-and-comers. Look beyond just other executive directors. I would recommend that top fundraisers might be great sources of potential leaders.
  • Lesson Two: When your radar says it’s going to be bad - get out - For many potential disasters, signs of trouble are visible before you feel the wind in your face. One of the intriguing notions about business failures is that you know days in advance that they’re out there. Trouble often gives plenty of notice, and yet many of us let complacency seduce us into inaction.

    Trust your early warning system. Most effective leaders have good intuition that can provide time to head off disaster or to make appropriate preparations.
  • Lesson Three: No matter what anyone says – you are on your own - Waiting for the rescue team to get to you is not an option. Solving the problem of executive transition lies firmly (and appropriately) in your hands.

    Tackling this matter now, rather than in the throes of the disaster, can be a critical factor in recruiting your next leader. You are demonstrating the kind of management acumen that will attract strong executives. The well-documented shortage of qualified executives will mean the competition for these top candidates will be intense. The way you manage this transition can speak volumes to prospects and will place your organization in the best possible light.

    Have a worst-case scenario plan, use and trust your intuition, and take the initiative in managing a potential transition. Face your reality and begin now planning for the unexpected. We all know it will come.

Disaster Risk Definitions

Disaster Planning Risk AssessmentA major part of the disaster recovery planning process is the assessment of the potential risks to the organization which could result in the disasters or emergency situations themselves. It is necessary to consider all the possible incident types, as well as and the impact each may have on the organisation's ability to continue to deliver its normal business services.

This can be complex and demanding. To assist in this area therefore there are a number of tools available. The most widely known of these is COBRA, which employs a method aligned to various international standards.

The science of risk assessment is currently beyond the scope of this portal, but hopefully the information presented below may give you some insight into this task and some guidance in terms of what is included.

Part of the risk process is to review the types of disruptive events that can affect the normal running of the organization.

There are many potential disruptive events and the impact and probability level must be assessed to give a sound basis for progress. To assist with this process the following list of potential events has been produced:

      Environmental Disasters
          o Tornado
          o Hurricane
          o Flood
          o Snowstorm
          o Drought
          o Earthquake
          o Electrical storms
          o Fire
          o Subsidence and Landslides
          o Freezing Conditions
          o Contamination and Environmental Hazards
          o Epidemic

 Risk Score Matrix     Organised and / or Deliberate Disruption
          o Act of terrorism
          o Act of Sabotage
          o Act of war
          o Theft
          o Arson
          o Labour Disputes / Industrial Action

      Loss of Utilities and Services
          o Electrical power failure
          o Loss of gas supply
          o Loss of water supply
          o Petroleum and oil shortage
          o Communications services breakdown
          o Loss of drainage / waste removal

      Equipment or System Failure
          o Internal power failure
          o Air conditioning failure
          o Production line failure
          o Cooling plant failure
          o Equipment failure (excluding IT hardware)

      Serious Information Security Incidents
          o Cyber crime
          o Loss of records or data
          o Disclosure of sensitive information
          o IT system failure

      Other Emergency Situations
          o Workplace violence
          o Public transportation disruption
          o Neighbourhood hazard
          o Health and Safety Regulations
          o Employee morale
          o Mergers and acquisitions
          o Negative publicity
          o Legal problems

Although not a complete list, it does give a good idea of the wide variety of potential threats.


Metrics Drive Productivity Improvements

IT Metrics are the key to improved productivity and managing budgets in these troubled times. A good metrics system looks at IT from six directions:

Metrics Opportunities

  • Enterprise Strategy
  • Enterprise Management
  • Internal Customers
  • External Customers
  • Help and Service Desk Management
  • Help and Service Desk Staff

Certain projects offer IT organizations the greatest opportunity to increase operational efficiency and save company dollars. These include power management, which provides both actual energy cost savings and per-asset utility rebates; patch management, which reduces staffing requirements and eliminates second-pass remediation; software asset management, which avoids inflated licensing costs by enabling you to use only what you need; and infrastructure consolidation, which reduces the number of consoles and number of Full-Time Employees (FTEs) needed to manage them.


Skype Is Data Breach Waiting to Happen

SecuritySkype is a peer-to-peer protocol that intentionally evades network policies and exposes networks and enterprises using them to security and liability risks. Skype is difficult to control via traditional means, such as firewalls.  The use of Skype in the workplace can cause a number of problems, including the following:

     Threat Vulnerability Assessment Tool  Business & IT Impact Analysis 

  • All Skype traffic is encrypted using proprietary encryption, so none of the communications can be logged. This could be a violation of Sarbanes-Oxley, mandated record management policies, and HIPAA.
  • Skype file transfers may expose the enterprise network to viruses, spyware or other malicious code.
  • Skype file transfers may also expose enterprises to the risk of confidential information being leaked to outside parties.
  • As video data is bandwidth-intensive, Skype users can consume a sizeable amount of bandwidth on an enterprise network.
  • Use of Skype PCs as part of a Botnet of PCs to launch denial-of-service and other attacks.
  • Skype users may use its Instant Messaging (IM) functionality to evade enterprise IM controls and send out confidential data.

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