RJ and Makay

eFinancialCareers’ job postings show a growth rate of 54% year –over- year in openings calling for technology professionals.

Currently the tech unemployment rate is 4.8%, well below the national average of 9.6%, putting Wall Street tech professionals in a position to bargain.  This means that bosses need to be at the ready this bonus season, because according to eFinancialCareers ’Global Bonus Expectations Survey, 40% of tech professionals are expecting higher bonuses this year compared to last. Of the tech professionals who expect a higher bonus this year, 18% say the improved payout is a result of them changing employers in the last year, which shows that these professionals aren’t afraid to capitalize on opportunities for career advancement.  If you have hopes of either retaining or obtaining top-notch tech talent in 2011, you may have to pay for it. Even though the outcome of this bonus season is still an unknown, it is likely that if bonuses fall short of expectations, there is a high chance that there will be discontent in the tech department.