IT departments, with the exception of those that serve the housing and credit sectors, have been so far immune to the effects of the economic slowdown. But new data suggests <A HREF="http://www.eweek.com/c/a/Security/IT-Salaries-Taking-a-Recessionary-Hit/?kc=EWKNLNAV061108STR2">techies are feeling the squeeze as well</A>--and significantly so. IT compensation remained flat in the first two quarters of 2008, found the 2008 Mid-Year IT Salary Survey from Janco Associates, a management consultancy.

Staff-level IT professionals at large enterprises saw only a .12 percent increase in their median compensation between June 2007 and June 2008, according to the survey, while in midsize enterprises, salaries grew only slightly more, by .49 percent.