The Salary Race

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The race is on for technologists in the UKand the US. As employers get desperate, candidates are demanding more perks--and more cash. By Alan Bright & Samara Zwanger

How tight is the financial IT job market? Exhibit A: an executive vice president of IT makes $1.2 million cash annually. A firm comes to him and offers $800,000 in cash and $2 million in options. The technologist's current employer makes a counteroffer of $1.8 million cash plus equity. (You can guess which firm won out.)

Exhibit

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