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3M0-300 exam Dumps Source : 3Com Certified Security Specialist Final v3.0

Test Code : 3M0-300
Test cognomen : 3Com Certified Security Specialist Final v3.0
Vendor cognomen : 3COM
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3COM 3Com Certified Security Specialist

Analysts: 3Com attempting to woo enterprises with novel ad crusade | killexams.com true Questions and Pass4sure dumps

Andrew R. Hickey, tidings creator

3Com Corp. has attain out swinging relish a prize fighter with a new, aggressive advertising and marketing crusade, however some commerce specialists query even if it can exist the knockout punch the commerce needs to dwell standing within the commerce networking ring.

Launched this week, the crusade is Marlborough, Mass.-based 3Com's most substantial branding initiative in five years. It aspects 4 diverse print advertisements in additional than 30 publications, together with The Wall highway Journal, BusinessWeek, Fortune and Forbes. The adverts prod readers to travel to an interactive macro web web site that features testimonials from one of the vital enterprise's commercial enterprise customers.

Steven Schuchart, an analyst with Sterling, Va.-primarily based present evaluation Inc., referred to 3Com is making an attempt to woo lower back colossal companies after the commerce deserted the enterprise market within the late Nineties to focal point on diminutive and midsized agencies. That venture fizzled, and 3Com has continued to stumble whereas trying to re-enter the fiercely competitive commercial enterprise market.

but Schuchart called the blitz 3Com's vehicle to "let individuals exist watchful of they may exist no longer simply a reputation from the past. They really necessity to reignite their presence in that market, so the aggressiveness is not magnificent."

Rob Whiteley, a senior analyst with Cambridge, Mass.-based Forrester analysis Inc., pointed out 3Com is attempting to rear over second space within the enterprise networking market, where Cisco systems Inc. is the undisputed champ and Hewlett-Packard Co.'s ProCurve unit and Nortel Networks Ltd. are gaining steam.

"they are pulling out sum the stops," Whiteley noted. "here's 3Com's attempt to salvage into the limelight and capitalize on the proven fact that there isn't any effectual No. 2 at the moment."

Abner Germanow, program supervisor for commerce Networks services at IDC in Framingham, Mass., notable an aggressive crusade is requisite for 3Com to without problems cling floor.

"The different providers should salvage aggressive and creative in how they strategy the market" when going up towards Cisco, Germanow mentioned. "You cannot win clients if you're no longer invited to the desk, and if the consumer does not recognize you wish to exist invited to the desk, that makes it even harder."

however one wonderful push, Whiteley said, could not exist sufficient. instead, he stated, 3Com has to proceed fighting to prove it could possibly penetrate the market. Whiteley observed he's skeptical.

"or not it's essential that they set the tone perquisite here and retain that pace," he referred to. "3Com is going to should stick with this to present they're now not just a shimmer in the pan. i am a bit bit concerned in the event that they can preserve it or now not."

One aspect corporations wish to comprehend, Whiteley pointed out, is "What's distinctive now than during the past?"

3Com has recently delivered novel security, convergence and efficiency elements to its commerce networking portfolio, including its acquisition of intrusion prevention expert TippingPoint technologies Inc.

"3Com has always had respectable expertise; it just lacked first rate execution as an organization," Whiteley said. "So a strategic realignment is essential, but doubtless no longer enough."

in a sole of the four novel spots, the "Introducing Cisco Plus ad," 3Com acknowledges that Cisco controls predominant market share, but features out changes within the two companies' procedures.

"especially, it lets individuals understand that unlike Cisco, 3Com is based on open requisites, it builds intelligence that optimizes applications, it has computerized core-to-part security and it does not require businesses to exist locked perquisite into a vendor and/or conduct forklift upgrades," in response to a statement from 3Com.

Whiteley credited 3Com for recognizing Cisco's vigor, a tactic infrequently used within the extremely aggressive market.

Germanow agreed. "it's a fairly humble campaign," he pointed out. "loads of what they're saying is, 'give us a chance.' they are no longer attempting to rear over the area. they may exist trying to sell products they reckon will assist."

nevertheless, Schuchart said, or not it's now not seemingly that this shove will rear 3Com to the top of the commerce networking market.

"I finish not cerebrate they're about to knock any one off the perch," he talked about.


L-3 First DoD Contractor to complete GPS defense coerce Code protection Certification | killexams.com true Questions and Pass4sure dumps

new york--(company WIRE)--L-3 Communications (NYSE:LLL) introduced nowadays that its subsequent-technology militia Code (M-Code) GPS person machine has efficaciously accomplished the ultimate step in a executive safety certification manner. L-3’s M-Code GPS elements probably the most superior person machine technology obtainable, which increases soldiers’ capacity to kisser up to enemy jamming and spoofing and performs tremendously superior in contested environments. The evolution and certification of this technology was performed below the Air drive armed forces GPS user machine (MGUE) software led by means of the GPS Directorate inside the zone and Missile systems center (SMC) at los angeles Air drive Base.

“we are tickled to exist the primary DoD contractor to comprehensive security certification for their novel M-Code GPS user equipment,” said Michael T. Strianese, L-3’s Chairman and Chief govt Officer. “L-three is forward of the expertise curve, and we're offering Important improvements that absorb enormous purposes inside DoD markets and on a pair of U.S. military initiatives. well timed start of those developments to the warfighter is simple as they respond to present and rising threats on the battlefield.”

The certification overview changed into performed by using an independent govt evaluate team, with a spotlight on the protection design of the L-three GPS person machine. The intent of these novel protection specifications is to further protect the integrity of the navigation and timing options and supply required safeguards for crucial information internal GPS consumer device. drudgery on this undertaking should exist achieved by means of L-three Interstate Electronics service provider (L-three IEC), which is a partake of the Precision date & working towards sector inside L-three’s electronic techniques commerce segment.

primarily based in Anaheim, California, L-three IEC is an trade chief in positioning, navigation and timing items and options and is a protracted-time period corporation of vital navigation, verify instrumentation and missile tracking programs for the U.S. Navy’s Fleet Ballistic Missile (FBM) weapon methods, including the Trident submarine. To study extra about L-3 IEC, delight seek recommendation from the enterprise’s web site at www.L-3com.com/iec.com.

Headquartered in manhattan city, L-three employs about 38,000 people worldwide and is a leading company of a vast attain of communication and digital techniques and products used on armed forces and commercial structures. L-three is also a primary contractor in aerospace systems. The commerce mentioned 2015 revenue of $10.5 billion.

To exist trained greater about L-three, delight consult with the company’s web page at www.L-3com.com. L-three makes consume of its web page as a channel of distribution of fabric commerce assistance. monetary and other fabric recommendation involving L-3 is routinely posted on the business’s web site and is readily available.

protected Harbor observation under the deepest Securities Litigation Reform Act of 1995Except for historic tips contained herein, the concerns set forth during this tidings unlock are forward-searching statements. Statements which are predictive in nature, that rely on or consult with routine or situations or that include words akin to “expects,” “anticipates,” “intends,” “plans,” “believes,” “estimates,” “will,” “may” and equivalent expressions are forward-looking statements. The ahead-searching statements set forth above hold a pair of risks and uncertainties that may cause specific effects to differ materially from one of these commentary, together with the hazards and uncertainties mentioned within the enterprise’s protected Harbor Compliance observation for ahead-searching Statements protected within the enterprise’s recent filings, together with forms 10-ok and 10-Q, with the Securities and change commission. The ahead-looking statements communicate simplest as of the date made, and the commerce undertakes no responsibility to update these ahead-looking statements.


3Com To Pursue wireless Hotspot Market | killexams.com true Questions and Pass4sure dumps

As a partake of its worldwide method, 3Com is moving into alliances with gateway companies to create plug and play solutions for Wi-Fi certified wireless hotspots.

The gateway providers will mingle their billing and authentication gateways and application with 3Com’s wireless entry facets, vigour over Ethernet know-how and safety instruments to build novel public wireless LANs.

Internationally, 3Com has tied -up with vendors relish Aptilo Networks, IP3 Networks, Nomadix, PatronSoft, Pronto networks and SolutionInc Ltd., and is concentrated on instant hotspots in motels, Airports, stations, restaurants and neighborhood centers.

Vijay Yadav, country supervisor-India and SAARC, mentioned, “via these novel instant alliances, 3Com will exist able to deliver a much wider latitude of hotspot options. whether a client is in the hunt for basic authentication for a wireless hotspot or more desirable roaming capabilities between diverse applied sciences, akin to Wi-Fi and GPRS/UMTS networks, 3Com and the brand novel strategic alliance vendors will give the options.”

He delivered, “In India talks are already on with latest provider suppliers relish BSNL, MTNL and reliance for a similar. the prospect of recent wireless hotspots, excellent for inns, airport terminals, stations, cafes and community centers, will additionally create novel alternatives for gadget integrators inside 3Com’s channel associate software. The wireless market in India is growing. Adoption is on the upward thrust here. today wired traces and wireless can also complement each and every different, however in two years time India will see the adoption of in basic terms wireless options.”

To streamline wireless entry for hotspot deployments, 3Com has also introduced points and functionality in its commercial enterprise entry facets.


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Proposals to reform law of limited partnerships | killexams.com true questions and Pass4sure dumps

UK REGULATORY Proposals to reform law of limited partnerships

The Department for Business, Energy & Industrial Strategy (DBEIS) issued a consultation: Limited Partnerships: Reform of Limited Partnership Law [30.04.18] proposing changes to limited partnership regulation seeking to address misuse risk. Although the legal regime for limited partnerships was introduced in 1907, and the limited partnership remains popular, there has been puny amendment of the legislation since that time.

Scottish limited partnerships absorb separate legal personality from their partners, so the partnerships themselves are able to own property and enter into contracts. This is the key contrast between limited partnerships registered in England and Wales and Northern Ireland from those registered in Scotland. In view of the "significant augment in registrations of limited partnerships in Scotland, and allegations that Scottish limited partnerships in particular were being used for illicit purposes" according to the consultation, DBEIS published a convene for evidence, which closed in March 2017. The findings supported the continuance of a limited partnership vehicle but organize evidence of their misuse with the National Crime Agency identifying "a disproportionately tall volume of suspected criminal activity involving Scottish limited partnerships" according to the consultation. The consultation also says that as at March 2018 there were approximately 48,000 limited partnerships registered; of which 31,000 were registered in Scotland.

The Government is now seeking views on proposals aiming to circumscribe misuse and for aligning limited partnership law better with that of limited liability companies. The proposals relate to the life-cycle of the limited partnership throughout which, the consultation notes, the Government seeks to "deter those looking to exploit them for criminal purposes; whilst at the same time minimising any burdens to those using limited partnerships for legitimate reasons". The proposals include:

  • requiring sum those that seek to register the limited partnership (presenters) to register with an anti-money laundering supervisory corpse and to evidence this (chapter 2);
  • ongoing connection of the limited partnership with the UK either by requiring its principal space of commerce (PPoB) remains in the UK or for the PPoB to exist permitted to slouch outside of the UK while maintaining a UK service address (chapter 3);
  • increasing reporting – akin to limited company requirements (chapter 4);
  • empowering the Registrar of Companies to strike-off limited partnerships from the register, in certain circumstances (chapter 5).
  • The consultation seeks responses to 11 questions and closes on 23 July 2018. Contains public sector information licensed under the Open Government Licence v3.0.

    Andrew Bailey's speech on "Asset Management: A Regulatory Perspective"

    Andrew Bailey, FCA chief executive, gave a speech on Asset Management: A Regulatory Perspective, at the London commerce School Annual Asset Management Conference [26.04.18]. Topics included:

  • The structural shift, post-financial crisis, from "intermediation of monetary activity on bank equipoise sheets towards the non-bank sector and particularly asset management." In principle and, Bailey said he hoped, also in practice, "asset management and other investment funds can act as a shock absorber with losses being distributed across the system, and with many investors being in for the long-term and able to ride out the shock." In the context of "what could travel wrong" Bailey explored "the expectations of investors on the liquidity - in this case market-based liquidity - of their investments." One influence here, he assumed, would exist the structure (terms and conditions) of the fund they invested in. He highlighted:
  • open-ended funds with terms and conditions requiring them "to rebalance and reduce asset holdings in stressed conditions" can thereby exacerbate market movements by becoming "forced sellers in a falling market". This is most acute in funds with illiquid assets and "promising tall frequency - even daily – redemption to investors" he said: citing the redemption suspensions by open-ended property funds after the EU referendum which the FCA reviewed noting the suspensions generally operated "without major disruption" but had "room for improvement". Read more in their earlier update;
  • exchange-traded funds: the secondary market for their shares depends on market makers and authorised participants (APs). There has not been a stress event since the rapid growth in such funds following the monetary crisis, so the FCA knows "relatively little" about "the capacity and willingness of APs to execute their role in stressed conditions where they may exist under pressure to tighten their own risk limits" he said. Consequences for investors could exist "unexpectedly large discounts" when selling holdings and suspension of fund dealing which, as with open-ended funds, may amplify "shocks to market conditions" that are already stressed, Bailey said. The regulator cannot ignore this risk, given the recent growth of such funds, although they absorb "no facile way of sizing this risk" he said.
  • The shared feature of both types of fund is therefore the expectations investors absorb concerning the funds' market liquidity and "the liquidity transformation they accept" Bailey said. Accordingly, he flagged the significance that there is no "material misalignment between investor expectations and market conditions and particularly how these expectation may adjust, or not, in stressed conditions", he said. This is not a job only for regulators – and Bailey reminded firms that "first and foremost" they must "stress test their structures and responses."

  • For asset managers in the UK Bailey identified a attain of challenges: notably Brexit and changing demographics. On Brexit he referred to the key issues for asset managers as being delegation, passporting and segregated accounts for EU clients. Bailey also spoke on changing demographics and the interaction with macroeconomic conditions. This is significant because it "pulls together a number of very substantial trends, namely an aging population, persistent very low or negative long-term true interest rates, and increased costs of dependence in feeble age, to cognomen three". Asset managers provide a way to reclaim for feeble age, so "are very much at the forefront of these issues", Bailey said. As consumer choices become more complicated and "responsibility for those choices has been increasingly transferred to consumers", so the FCA is focussing on the potentially resulting conduct issues. Increasing numbers of people approaching retirement could trigger "a shift in the equipoise of assets under management from accumulation-orientated products to decumulation products" he observed. Although for some time the onus has been moving towards consumers to achieve retirement savings choices (with the shift from defined-benefit to defined-contribution pensions, for example) the FCA now sees a similar change at the decumulation phase, where consumers absorb more election over how - and when - to draw pensions. While greater election can achieve sense, it "places a responsibility on industry to provide products and the regulator to establish conditions in which those choices can exist made securely and confidently" Bailey said.
  • Regulatory developments - Bailey highlighted three areas – (i) the FCA's market study, conducted under its powers as a competition regulator, outlining various aspects including the FCA's findings and its actions to date (read more here in their earlier update); (ii) recent European legislation (notably MiFID II and PRIIPs); and (iii) technology.
  • MiFID II: Bailey said the FCA's priority was to implement it "in a way that did not desist the effectual functioning of markets". This did not add up to "disregard" for the rules Bailey said. The FCA's drudgery to assess compliance would "allow the market time to evolve" and allow for "an adequate period of time to pass to achieve meaningful observations of trends and patterns."
  • PRIIPS: he notable concerns about the directly applicable regulation, citing the FCA's response in January 2018 (read more in their earlier update on the FCA's Statement on communications given concerns about KID performance scenarios). Bailey said "I want to exist clear that I am concerned about PRIIPS, and I know that I am not alone." He said "it carries a risk that it is leading to literally accurate disclosure which is not providing useful context". He said there is "evidence that funds, for instance from the US, are withdrawing from Europe to avoid the burden." There is also concern around performance projections, he said, which must exist taken seriously.
  • Technology: Bailey referred to straight-through deal processing (STP) and distributed ledger technology (DLT) as well as to the growing zone -artificial intelligence (AI). Outsourcing administrative functions is one way asset managers seek increased efficiency and DLT may add up to increased STP efficiency. The regulator, Bailey said, will exist "looking at the ability of firms to oversee DLT, STP and other technology-related outsourcing arrangements effectively." He also flagged that there are "questions around accountability, if interruption to these services results in any losses for investors." The same issues of supervision and accountability would apply equally to asset managers' consume of AI. Finally, the growth of online distribution and "potential channel consolidation" may reduce routes to market for asset managers. There could exist a resulting change in "value chain dynamics" he said, "if online distribution is dominated by only a few online distributors" and could add up to less election of investment products for investors. The FCA will reckon this zone further in their platforms market study - for which the FCA expects to publish their interim report in the summer of 2018.
  • FCA's novel London address: feedback and Change of Address Instrument published

    In its Handbook Notice No. 54 [27.04.18] the FCA gives feedback on its consultation in CP18/6 (Quarterly Consultation Paper No 20 – chapter 4) [12.03.18] on the forthcoming changes to references to its London address, as the FCA is moving to 12 Endeavour Square (12DS), Stratford in the summer of 2018. The proposal in CP18/6 was to amend references to the London address in the Handbook at the same time as the FCA changes its registered address at Companies House. The FCA operates from London and Edinburgh. Currently it has two addresses in London (25 The North Colonnade (25TNC) and 1 Canada Square (1CS)): both of which will relocate to 12DS.

    The FCA's feedback says sum respondents asked if firms can continue to consume stocks of printed materials that advert to the current address for the FCA. Additionally, among other queries, firms asked if they are required to update their customers on the FCA's change of London address and whether there would exist a transitional period before being required to advert to the novel London address in required disclosures, such as in COBS 61ZA.5 (Information about a solid and its services). As this is an EU provision that is directly applicable, the FCA does not absorb power to allot in space a transitional provision: see further below.

    The FCA expects firms to include the correct address for the FCA in client communications. However, recognizing that stocks of printed materials exist, the FCA said "provided that firms are actively taking steps to supplant that material so as to include their novel address as soon as reasonably practicable, they would rear those steps into account in deciding whether it would exist confiscate to rear enforcement action against a solid that continues to consume existing stocks of printed materials for a period of no more than 12 months after their change of registered address on 1 July 2018." Firms finish not necessity "proactively" to notify existing customers of the change of London address the FCA said but it confirmed they anticipate firms to "take reasonable steps to ensure that they advert to an up-to-date address for the FCA when communicating with their customers."

    The FCA said it will continue with the amendments proposed in CP18/6. In respect of COBS 6.1ZA.5 specifically the FCA is required to oversee and implement this directly applicable EU provision so cannot allot a transitional provision in place. Although the FCA recognises that firms are likely to absorb stocks of materials that advert to their current address, and it will absorb postal redirection "for a period", the FCA "would nevertheless encourage firms to update their printed materials as soon as reasonably practicable."

    Following CP18/6 to reflect the London office relocation by the FCA, the monetary Conduct Authority (Change of Address Instrument) (FCA 2018/21) [27.04.18] changes various sections of the FCA's Handbook (including GEN, MAR and SUP) and material outside the Handbook (in the Enforcement Guide). This instrument comes into coerce on 1 July 2018.

    FCA publishes two Collective Investment Schemes Sourcebook (Miscellaneous Amendments) Instruments 2018

    In its Handbook Notice No. 54 [27.04.18] the FCA refers to changes to COLL and to TP1 made in its COLL Sourcebook (Miscellaneous Amendments) Instrument 2018, (FCA 2018/17) ([09.04.2018]. The instrument was made following the FCA's June 2017 Consultation (CP17/18). Read more in their earlier update here. The instrument implements governance changes for authorised fund managers and technical changes on the treatment of fund investors - "authorised fund managers to focus more on their duties as agents of investors in their funds." The instrument comes into coerce in stages: on 1 April 2019 (Part 1 of the Annex) and on 30 September 2019 (part 2 of the Annex). Feedback was given in the separate PS18/8 (Asset Management Market Study Remedies and Changes to the Handbook). Read more here.

    The COLL Sourcebook (Miscellaneous Amendments) (No 2) Instrument 2018 (FCA 2018/18) [05.04.18] changes governance requirements in COLL for authorised fund managers. These are relevant to the Senior Managers & Certification Regime following the FCA's consultation CP17/25. Feedback was published in PS18/8. The changes in this COLL (Miscellaneous Amendments) (No 2) Instrument comes into coerce on 30 September 2018.

    FCA publishes the number of skilled persons reports it commissioned in Q4 2017/18

    The FCA commissioned five skilled persons reports in Q4 2017/18 [01.05.2018]. Of these, one related to Personal Investment and one to Investment Management. Although the FCA can shrink directly with the skilled person it did not finish so for any of the reports. The FCA's Skilled Person Panel fourteen Lot Descriptions include client assets, governance and individual accountability, controls and risk management, commerce conduct, monetary crime, technology and information management, threat intelligence, penetration testing and a attain of prudential categories. Of the reports: one was in Lot D (conduct of business) and four in Lot E (financial crime). sum the firms reported on were resilient portfolio firms.

    Freedom of Information Act request shows investigations by the FCA into company directors increased

    The FCA published a license of Information Act 2000 (FOI5640) response to a request for information on the number of enforcement investigations it made into company directors and the FCA's internal categorisation of these. There were 21 such investigations opened in 2015; 24 in 2016 and 45 in 2017. The number of investigations in each case was calculated on a calendar year basis ignoring ongoing investigations opened in prior years. The FCA interpreted "company directors" as persons holding a CF1 (Director) role or CF2 (Non-Executive Director) role "at any point; they may not absorb held those functions at the time of the investigated misconduct" the FCA said. The breakdown using the FCA's internal categorisation showed the highest number of investigations in total over the three years was for Retail conduct issues (with 41 investigations launched in that 3 year period). Over the 3 year period the FCA launched a total of 17 investigations in respect of monetary crime; 12 for culture/governance issues and 8 for Mis-selling. The other categories for which investigations were opened over the three years showed there were: client money/assets (1 investigation); monetary promotions (5 investigations); insider dealing (3 investigations); application to revoke/vary license or approval (1 investigation) and wholesale conduct (2 investigations).

    FCA's Asset Management conference

    The tidings and Publications section of the FCA's Regulation round-up for April 2018 contains information and booking details for the FCA's Asset Management Conference on 12 June 2018.

    IRELAND - INVESTMENT FUNDS Criminal Justice (Money Laundering and Terrorist Financing) (Amendment) Bill 2018

    The long awaited Criminal Justice (Money Laundering and Terrorist Financing) (Amendment) Bill 2018 ("Bill") has now been published [30.04.18]. The Bill gives effect to the Fourth EU Money Laundering Directive (2015/849) ("4 AMLD"). The Bill also implements the most recent recommendations of the monetary Action job Force. In line with the focus of 4 AMLD, the Bill deals with customer due diligence, placing an enhanced focus on risk assessment for monetary institutions, who will exist obliged to carry out business-wide and individual assessments. 4 AMLD places increased focus on understanding the advantageous ownership of customers. It sets out the acceptation of 'beneficial owner' in the context of corporates, partnerships and trusts. These definitions are carried over by the Bill.

    Another key provision is expanding the remit of the monetary Intelligence Unit, which receives information from designated persons regarding suspicious transactions. The Bill also expands the definition of "politically exposed person" under the Criminal Justice (Money Laundering and Terrorist Financing) Act 2010, to include persons holding certain political, judicial or other offences in Ireland, as well as abroad.

    GDPR and Investment Funds

    With the 25 May 2018 deadline hastily approaching, they will soon see substantial updates to fund documentation to reflect the general Data Protection Regulation ("GDPR"). Breaches of the forthcoming GDPR can absorb significant implications, including fines of up to �20 million or 4% of a firm's global turnover, whichever is higher.

    Investment Funds, AIFMs and UCITS management companies are likely to exist considered data controllers under GDPR. Fund administrators, distributors, investment managers and depositaries are likely to exist regarded as data processors (a natural or legal person who processes personal data on behalf of the data controller) but ultimately this is a question of fact Personal data means any information relating to a data subject, who can exist identified, directly or indirectly. This can include, for example, KYC documentation, partake registers, and data and information on directors and employees of a management company. In the context of the investment fund industry, this means the personal data of natural investors, or officers and employees of corporate entities.

    Given the extensive repercussion of GDPR on the funds industry, it is censorious for managers to absorb a GDPR implementation arrangement both for themselves and for their funds.

    Central Bank's CP86 project

    As of 1 July 2018, existing fund management companies (UCITS Mancos, AIFMS, self-managed UCITS and internally managed AIFs) will exist obliged to comply with their obligations under the Central Bank's CP86 project ("CP86"). The objective of CP86 was to interlard measures "designed to underpin the achievement of substantive control by fund management companies, acting on behalf of investment funds, over the activities of their delegates". These measures include delegate oversight, the streaming of UCITS and AIFMD managerial functions, residency of fund directors and board composition. The Central Bank issued a survey [08.05.2018] to existing management companies and their funds to ascertain levels of compliance.

    Money Market Funds

    Money market funds availing of the 6 month transition period as per the Money Market Funds Regulation (EU) 2017/1131 must submit sum documents requiring review to the Central Bank no later than 1 September 2018. This will aid the Central Banks ensure a conclusion on an authorisation application can exist made by the 21 January 2019 deadline.

    Further, the European Commission published a draft delegated regulation [10.04.18] setting out further requirements in relation to eligible assets under the MMFR, including details of:

  • the criteria relating to a simple, transparent and standardised securitisation or asset-banked commercial paper;
  • the quantitative and qualitative credit property requirements for assets received as partake of reverse repurchase agreements; and
  • the credit property assessment criteria.
  • The European Parliament and Council of the EU will now reckon the delegated regulation and will absorb a two-month scrutiny period within which they can remonstrate to the delegated regulation.

    Fund Profile Return

    The Central Bank has written to Irish fund boards to recommend that it is launching an updated version of the IF Annual Sub-Fund Profile return, known as the Fund Profile return. The IF Annual Sub-Fund Profile form is a criterion form questionnaire, which each authorised sub-fund is required to complete to enable the Central Bank to collect information on items such as the investment strategy, dealing frequency and functional currency of authorised funds.

    The first Fund Profile return is to exist prepared for the period up to report date 30 June 2018, with a submission due date of 31 August 2018, replacing the previously scheduled filing of 30 June 2018 for report date 31 December 2017. This 30 June 2018 return is applicable to sum sub-funds authorised by the Central Bank as at 30 June 2018, whether they are dormant, absorb assets or absorb not launched. sum sub-funds, regardless of whether the IF Annual Fund Profile return for report date 31 December 2017 has already been submitted to the ONR, will exist required to submit the novel updated return for report date 30 June 2018. Subsequent Fund Profile returns are to exist prepared as of the annual calendar year end, i.e. for report date 31 December of the calendar year in question. These returns will also carry a submission due date of two months after the reporting date, i.e. 28 February of the following calendar year in question. As a result, in 2018 alone, in addition to the 30 June 2018 return, the Fund Profile return will exist required to exist submitted for report date 31 December 2018. This second return will carry a submission due date of 28 February 201

    Upcoming Key Dates and Deadlines
  • 25 May 2018 – GDPR.
  • 29 June 2018 – CP119 consultation deadline (see further information in the previous issue of the Investment Management Brief).
  • 1 July 2018 – CP86 compliance deadline (see above).
  • 21 July 2018 and 1 September 2019 – MMFR implementation deadline, MMFR deadline (see above).
  • 31 August 2018 – Central Bank Fund profile deadline (see above).
  • EU REGULATORY European Commission proposes protections for whistleblowers

    The European Commission announced [23.04.18] it is proposing a novel Directive strengthening the protection of whistleblowers in the EU. The proposed Directive would "guarantee a tall flush of protection for whistleblowers who report breaches of EU law by setting new, EU-wide standards" the Commission press release says. EU legislation within scope includes: monetary services, money laundering, terrorist finance, environmental protection, consumer protection, data protection and network and information system security - among others. The Commission will encourage Member States to exceed the minimum criterion and exclaim in the press release: "establish comprehensive frameworks for whistleblower protection based on the same principles." sum companies with more than 50 employees or annual turnover greater than �10 million are to set up an internal procedure to wield whistleblowers' reports and necessity to designate a person or department to receive and follow-up on such reports. Although diminutive and micro-companies are exempt from doing so, the exemption does not extend to such companies operating in monetary services. The protections proposed include:

  • relevant companies setting up reporting channels within their organisation, ensuring confidentiality of the whistleblower's identity;
  • three tier reporting envisaged: with internal reporting channels required for relevant companies and the public sector; external reporting channels to Member States' national authorities; and, in certain circumstances as a terminal resort, by disclosing to the public (including to the media);
  • there would exist a three month period for companies to respond to whistleblowers' reports which also applies to authorities but extended in complex cases to six months; and
  • preventing sum types of retaliation against, and effectual protection of, whistleblowers.
  • The proposal aims to protect answerable whistleblowing genuinely intended to protect public interests, so it has "safeguards to dispirit malicious or abusive reports and prevent unjustified reputational damage", according to the Commission's press release. Those affected by the whistleblower's report are to exist presumed innocent and would absorb the perquisite to an effectual remedy, unbiased trail and defence. Members States would exist required to interlard dissuasive penalties for malicious reporting or disclosure. The Commission notes in its press release that "only 10 EU Member States currently ensure that whistleblowers are fully protected. In the remaining countries, the protection granted is partial and only applies to the specific sectors or categories of employee." The Commission's Frequently Asked Questions point out that while there are "elements of whistleblower protection" in some areas (including monetary services) under EU instruments "uneven protection of whistleblowers across the EU can undermine the level-playing field" and in cross-border cases whistleblowers "can "fall through the cracks" and suffer retaliation". Accordingly the Commission has proposed a Directive protecting persons reporting on breaches of Union law.

    BREXIT HM Treasury and European Commission request European Central Bank and Bank of England convene a risk management technical working group

    HM Treasury announced [27.04.18] that it has, with the European Commission, asked the European Central Bank (ECB) and the Bank of England (BoE) "to convene a technical working group on risk management in the period around 30 March 2019 in the zone of monetary services" according to HM Treasury's tidings story. Attendance by the European Commission and HM Treasury will exist as observers, other relevant authorities will to exist invited on "an issue-specific basis", the novel sage says. The group will exist chaired by the President of the ECB and the Governor of the BoE. Although the ECB and the BoE will report regularly to both the European Commission and to HM Treasury, the responsibility to prepare for Brexit "remains with market participants" the Terms of Reference say. The technical drudgery the group does is separate to the Withdrawal Agreement negotiations and to the negotiations for the future relationship of the EU and the UK after Brexit. Contains public sector information licensed under the Open Government Licence v3.0. Read more in their coverage on Out-law here.

    RECENT PINSENT MASONS PUBLICATIONS

    View the latest editions of their Insurance Briefing – May 2018 and FS Enforcement Express.

    The content of this article is intended to provide a general sheperd to the topic matter. Specialist recommendation should exist sought about your specific circumstances.


    Money Matters | killexams.com true questions and Pass4sure dumps

    Salary Surveys

    Money Matters

    The 2002 Salary Survey from Microsoft Certified Professional Magazine

    The situation of the commerce world continues to exist in turmoil, hiring has slowed and compensation is down. In this year's salary survey for Microsoft Certified Professionals, they examine the outlook for IT experts in this difficult economy.

    This marks the seventh year that Microsoft Certified Professional Magazine has examined how certified professionals finish their jobs, as well as how they're compensated. This also marks the second year that salaries absorb taken a fall. As you dig into this year's numbers, you'll, no doubt, exist concerned with how substantial the drop really is and phenomenon what the future holds: How much should you exist earning? How much should you anticipate to earn? Does your certification achieve a difference? Should you simply exist grateful you absorb a job? What should you finish to strengthen your employability?

    To salvage a clear picture of these concepts, they compiled the results of a lengthy questionnaire, which included responses from nearly 6,000 respondents in sum age ranges, job titles and geographical locations in U.S. and across varying levels of experience. What they found, while on the surface appearing disappointing, is also optimistic.

    How monstrous Is It?This has been a difficult year for working Americans, and—despite the credit that IT professionals couldn't exist touched—this year's numbers present that these tough times are being felt by everyone. Salaries across sum certifications absorb sunk. How monstrous is it? Well, if you're an MCSE on Windows 2000, the tolerable salary is $53,700, down about 20 percent from 2001's tolerable salary of $67,100. (See Chart 1 for a breakdown of tolerable groundwork salaries across sum Microsoft certifications.)

    Surprisingly, Windows NT 4.0 MCSEs took a smaller compensation cut—falling to $59,800 from terminal year's $62,700.

    We delved into the salary data to design out why, a year later, NT 4.0 MCSEs ended up ahead of Win2K MCSEs in compensation. Shouldn't it exist the opposite?

    While there's no Great contrast in the number of years NT 4.0 and Win2K MCSEs absorb been in networking, (seven years for NT, 6.3 years for Win2K), NT 4.0 MCSEs absorb been Microsoft-certified longer than their Win2K counterparts—three years and 1.5 years, respectively. Also, 69 percent of Win2K MCSEs absorb held their title for only about six months, as opposed to the 47 percent of NT 4.0 MCSEs, who absorb held their title for at least two years.

    But this doesn't interpret the discrepancy by any means. They speculate that, with Microsoft's reversal on the MCSE decertification and .NET Server on the horizon, the hype surrounding the Win2K upgrade has died down and NT 4.0 MCSEs are finding that they don't necessity to upgrade perquisite away. Seventy-four percent of NT 4.0 MCSEs report that their organizations absorb deployed Win2K and, therefore, they've had to learn the technology. They flaunt simply to exist holding taut and staying out of the recertification arena.

    In addition, only 57 percent of Win2K MCSEs responded that NT 4.0 is a primary zone of expertise for them. This could add up to companies absorb placed greater value on those experts with sustain in both platforms, as cross-platform expertise is Important in migration and upgrade projects. Simply put, your NT 4.0 sustain is, once again, paying off.

    What can you finish until the market balances out? Their research shows that, once again, sustain is key. keep your skills current; exist aggressive in continuing your education; and network, network, network. (Don't forget that soft skills can play a major role in getting a job and keeping one.) The economy will equipoise out; when it does, companies will exist looking to expand and migrate—and they'll exist looking for qualified, knowledgeable IT people to aid them through the process.

    Cindy Pisco$38,000MCSE, A+, Distributed Computer Systems Analyst, 6 years in ITWest Palm Beach, Florida Donald Top$60,000MCPNetwork Admin.3 years in ITDenver, Colorado David Guibord$62,7000MCSE, MCP+I, CCNALAN Admin.5 years in ITFarmington Hills, Illinois Mark Duncan$64,000MCPNetwork Engineer14 years in ITHampton, Virginia

    Beyond Your SalaryWhen it comes to other forms of compensation—profit sharing, retirement plans, stock options, and training and education allowances—Chart 2 shows what their respondents anticipate to receive this year.

    If you're inquisitive about what portion of the totals in Chart 2 consists of monetary bonuses, see charts 3a, 3b and 3c for a breakdown of those amounts and how they're paid. About 53 percent of respondents—down from two-thirds in 2001—expect to receive a monetary prize this year. (Numbers exclude the self-employed.)

    Back when dot-coms were exploding, stock options were considered an integral partake of non-monetary compensation. Now, options are no longer as Important as finding a company with staying power. Chart 4 shows the details by certification. Less than a quarter of their respondents said they receive stock options, and the tolerable number received was 3,839 (down from 4,382 in 2001).

    Another perk that seems to exist dwindling in this volatile market is public recognition (monetary or otherwise) for certification. terminal year, 39 percent of you said that your company has a formal program in space to recognize novel certifications. It may rear the form of a public e-mail message or an article on the intranet—or giving you the option of having novel commerce cards printed to present off novel logos. This year, only 33 percent of you responded that your company rewards technical certification.

    However, there are plenty of other job benefits out there. see Chart 5 for a listing of the more common ones. At the top of the list, as reported by 69 percent of respondents: a 401(k) program with company contribution. At the bottom of the list with only 3 percent of respondents: paid sabbatical of a month or longer.

    Experience CountsAs with most industries, a professional's skill; knowledge; and, therefore, worth augment over time. The technology commerce is no different. Chart 6 shows salaries by certification and experience. As you pay your dues in the field, you can anticipate to see a gradual ascend in salary. (To see details for other Microsoft certifications, check the charts that flee at the halt of this article.)

    Salary by Experience

    MCP*

    MCSA MCSE* 1 year $38,700 $37,400 $38,700 2 years $40,200 $45,300 $45,400 3 years $43,150 $46,400 $48,000 4 years $46,450 $53,000 $53,050 5 to 9 years $53,200 $61,000 $59,900 10 to 14 years $56,800 $74,700 $69,200 15 or more years $73,300 $74,800 $75,650 * Includes NT 4.0 and Win2K Chart 6. These numbers picture only the tolerable 2002 groundwork salary. As would exist expected, compensation increases with experience. The question they asked was, “How many years absorb you held a job that specifically involves computer networking/programming?” This question doesn't reflect direct sustain with Microsoft products. Also, it doesn't include responses for self-employed professionals. For information on salaries by sustain for other titles, see the detail charts at the halt of the article.

    We asked respondents how many years they've held a job that specifically involved computer networking or programming. As expected, the flush of sum MCPs has risen this year to an tolerable of 7.1 years (up from 2001's 6.7 years). MCSEs absorb continued to allot more years under their collective belt as well, up from terminal year's 6.5 years to 6.8 years in 2002. It seems that the burgeoning population of newcomers in the terminal few years absorb opted to continue with the MCP program and absorb increased their knowledgebase and expertise. In previous surveys, the number for tolerable years of sustain has shrunk. This probably means fewer newcomers are expanding the ranks of IT and, thereby, diluting the count.

    We're interested to see what happens next year, when .NET Server (and its accompanying certification track) is released. Are the NT 4.0 holdouts waiting for .NET or will they tarry content with the certifications they hold?

    David Whitson$75,000MCSE, MCP+I,Sr. Web Developer/ Project Manager20 years in ITFort Smith, Arkansas Edward Bailey$56,380MCSENetwork Administrator2 1/2 years in ITLivonia, Michigan Colin Bodkin$44,500MCSA, Network+, A+Product advocate Engineer5 years in ITTucson, Arizona Mark Duncan$85,000MCPSr. Software Developer16 years in ITDallas, Texas

    Where's the Money?Quite a few respondents (51 percent) cerebrate others in the industry are better compensated than they are. Out of the optimistic few (17 percent) who believe they bring in higher salaries, about two-thirds said that their certification played a role in their success.

    But what about the difficult numbers? Well, once again developers top the salary chart with an tolerable of $72,600, although their tolerable salaries absorb taken a hit this year as well. terminal year, MCSDs earned an tolerable of $78,600.

    MCSDs absorb traditionally been some of the highest wage-earners in the technology field. This year, however, it appears that those in management absorb taken the brass ring, with an tolerable salary of $89,000. Those who opt out of the management track and pick to serve as a programming project lead (a non-supervisory position) rear home, on average, $84,200. The gap in salary is most likely because of the contrast of responsibility between those who write the code and those who manage projects or entire divisions.

    Also tall in the ranks are MCTs, with an tolerable income of $70,600. Although this is down from terminal year's $78,000, it's silent higher than 2000's tolerable of $65,100. The lessen may exist attributed to a number of factors. First, CTECs absorb fallen upon difficult times, as professionals absorb either opted not to recertify or absorb chosen self-study as a means to passing their exams. Second, the matter for years of sustain for MCTs has remained stagnant, indicating that, perhaps, some veteran MCTs absorb thrown in the towel with Microsoft's changes to the MCT program and new, less experienced trainers absorb entered the mix.

    Another way to determine at the numbers is by evaluating tolerable salaries by job title alone, regardless of certification. Details are shown in Chart 7. These numbers are consistent with what they organize in regard to MCSDs and MCTs. Generally, the highest salaries are earned by programming project leads ($82,300), followed by those in management ($73,000) and networking project leads ($68,500). The lowest salary, by title, is earned by those serving in the role of aid desk/user advocate ($45,600).

    Nelson DiMarco$72,000MCSE, MCP+I, CNA, A+Network Admin.5 years in ITAlameda, California Jason Griffiths$30,000MCPAssistant Network Administrator2 years in ITCharleston, West Virginia Gary D. Baker$46,800MCPMIS Analyst II8 years in ITMiami, Florida Michael Hollen$49,920MCSE, A+, Network+Instructor5 years in ITVisualia, California

    The Certification FactorAbout a third of respondents (30 percent) believe that their certification helped them find or keep employment or led to a promotion in 2002, while another 40 percent listed certification as one of other factors. The final 30 percent believe that certification played no role in their job status.

    Chart 8 spells out what effect certification has had on salaries. A full third said it had no effect at all. Another third said they've received raises of more than 10 percent.

    Effect of Microsoft Certification on Salary

    Click the chart for a larger view. Chart 8. Although many respondents felt their Microsoft certification had no effect on their salaries, 16 percent reaped an augment of more than 25 percent. (More than a third of MCTs and nearly a quarter of MCSE+Is reported a more than 25 percent jump in their salaries due, in part, to their certification.)

    Sixty percent of respondents said they anticipate some sort of raise this year, with the tolerable raise being nearly 15 percent (more than a third of MCTs and a quarter of MCSE+Is reported a more-than-25 percent augment in income due, in part, to their certification). Fifty-eight percent of total respondents said their income changes will exist the same as or higher than expected.

    Of those who anticipate a raise in 2002, nearly 20 percent said it was because they changed employers (that statistic is down from terminal year's 25 percent). Of course, that means 80 percent of you are staying at your current employers. Not a monstrous project in today's market.

    The effect of Multiple Microsoft CertificationsMany readers absorb asked us about the effect of multiple Microsoft certifications on income. How many acronyms after your cognomen actually achieve a difference? Although there's a diminishing return on investment after a certain number of titles, the numbers present that certain combinations of certifications can exist quite lucrative.

    This gets into the topic of the value of being a generalist vs. a specialist. Which approach is more valuable to your career? The fact is that Microsoft has defined narrow scopes for its credentials. What value could adding an MCSA to your developer title give you on the job? How does being an MCSE give you an edge as a database administrator? It's feasible that, in a taut job market, those who are lightest on their feet (and more multifarious in their skill set) can better weather the vagaries of corporate change.

    So without providing any more of a rational explanation than that, they proffer some results: If you absorb an MCSD and absorb recently attained your MCSA certification, you can anticipate an tolerable salary of $77,500; that's slightly higher than the developer certification on its own. If you already possess an MCSE+I (worth an tolerable of $68,600), you can jump to $72,800 by adding an MCDBA. If you absorb an MCSE, in addition to an MCSA title, your tolerable salary increases from $46,100 to $57,400.

    Other CertificationsThe most common certification for Microsoft Certified Professionals outside of the Microsoft realm remains CompTIA's A+, which stayed uniform at 47 percent. The obvious judgement for the certification's popularity lies in in the fact that it provides a vendor-neutral steppingstone between the MCP and MCSE certifications.

    The second most common certification this year, replacing Novell, is the Cisco CCDA, which is held by 35 percent of MCPs.

    Chart 9 shows salaries by other certifications. At the top of the list is Compaq with its Master Accredited Systems Engineer (earning an tolerable of $88,100), Accredited Platform Integrator and Accredited Systems Engineer titles. They won't venture a guess on what repercussion the Compaq-HP merger will absorb on salaries; by next year's survey, HP's 15,000-person layoff will absorb occurred and we'll see the numbers then.

    Salary by Other Certifications Compaq Master Accredited Systems Engineer $88,100 Compaq Accredited Platform Integrator $81,000 Compaq Accredited Systems Engineer $79,500 Master Certified Novell Engineer $78,000 (ISC)2: Certified Information System Security Professional $77,800 SANS Global Information Assurance Certification (GIAC) (any) $77,400 Citrix Certified Enterprise Administrator $76,200 Cisco Certified Design Professional $74,900 Check Point Software Technologies (any) $74,700 Red Hat Certified Engineer $74,600 Oracle Database Administrator $74,400 Certified Lotus Professional $74,100 Sun Certified Programmer for Java $74,100 Certified Lotus Specialist $73,800 Sun Certified System Administrator for Solaris $73,300 CompTIA Linux+ $72,300 Cisco Certified Design Associate $72,100 Certified Novell Engineer $71,700 Cisco Certified Network Professional $69,400 Prosoft Master CIW Web Site Manager $69,000 3Com (any) $68,500 Citrix Certified Administrator $67,700 Cisco Certified Network Associate $64,800 IBM (any) $64,400 Compaq Accredited Platform Specialist $63,400 Certified Novell Administrator $63,100 Prosoft CIW Associate $62,200 CompTIA Network+ $60,600 CompTIA Server+ $59,500 Hewlett-Packard Company (any) $57,800 Chart 9. They asked respondents what certifications they held other than Microsoft's. Numbers are 2002 tolerable groundwork salaries. As with many skill comparisons, other variables (such as sustain and multiple certifications) influence compensation other than the title itself, which may interpret some of the large salary differences.

    Slow UpgradesWhile in early 2001, the industry saw a flurry of NT 4.0 MCPs and MCSEs racing against the clock to recertify, Microsoft's reversal on its conclusion to retire the NT 4.0 track had a major effect on the number of professionals upgrading to Win2K. At this point, though, about half of the respondents are Win2K MCPs and only a third are Win2K MCSEs. They speculate that, following the announcement that NT 4.0 MCPs and MCSEs (along with MCP+Is and MCSE+Is) would retain their titles, the impetus to upgrade slowed dramatically.

    When it comes to plans for the near future, nearly 90 percent said they arrangement to merit novel or additional certifications in 2002. Forty-six percent of total respondents (including 73 percent of NT 4.0 MCSEs) intend to merit their Win2K MCSE, while 25 percent arrangement to attain Microsoft's newest certification, the MCSA. What's lunimous is that while Microsoft intended the MCSA to exist a mid-level certification (firmly planted between the MCP and MCSE), 29 percent of Win2K MCSEs said they arrangement on attaining this title.

    Microsoft terminal overhauled its developer credential in 1999. Now, with the MCSD Visual Studio.NET and the MCAD, developers absorb organize the next step on their certification path. Among MCSDs, 28 percent arrangement on attaining their MCAD, while a whopping 58 percent are intent on earning the Visual Studio.NET title.

    The tables at the halt of this article present what credentials certification holders anticipate to obtain next.

    Who Gets the Bill?Surprisingly, it seems companies are maintaining their emphasis on continuing education—and they're paying for it. As shown in Chart 10, the percentage of companies paying for certification training increased slightly to 50 percent from terminal year's 46 percent (up from 39 percent in 2000) for those candidates who received it. The percentage of respondents that named training as a perk decreased slightly this year to 58 percent compared to terminal year's 61 percent (this is silent higher than 2000's 35 percent). They speculate that, while times are tough, companies that absorb migrated (or are planning to migrate) want to achieve certain their people are as up to date on the latest technologies as possible. Also, this capitalize is seen as an excellent retention utensil for companies looking to keep their best and brightest on board—a management challenge in years when salaries must remain flat.

    For the terminal few years, we've seen evidence that those respondents who drudgery for companies where the costs of certification are paid also merit higher salaries. The tolerable across the board for sum certified professionals this year is $65,200, down from terminal year's $69,700. Those who took on the costs of certification themselves tolerable $57,400, 10 percent lower than 2001's $60,000. Overall, though, those who pay for their own certification are closing the compensation gap.

    If you believe that time is money, then you'd disagree that the number of weeks allotted for training is a valuable commodity. Unfortunately, relish money, training time has fallen this year. Respondents report they receive an tolerable of 1.2 weeks of paid training per year, as compared to terminal year's 1.5 weeks. MCTs delight in slightly more training time at 1.7 weeks per years, but that number is down significantly from terminal year's 2.3 weeks.

    When it comes to how much respondents and their companies arrangement to spend, including materials and training, on certification in 2002, the tolerable is $1,850. It took participants slightly less than two months to prepare for their latest exam and a puny more than six months to complete their latest title.

    In total, respondents spent 187 hours (just more than four and a half weeks of full-time work) preparing for certification in 2001 and anticipate to expend 199 hours in 2002. That matter is a ample bit lower than terminal year's 227 hours. The exception to this appears to exist MCSEs on Windows 2000, who devoted an tolerable of 351 hours preparing for their credential in 2001.

    Chart 11 details the most common tools for getting certification. Topping the list, as usual, are books, with 95 percent of you turning the pages to augment your knowledge. That's followed by good, old-fashioned, on-the-job training (72 percent) and exam-simulation software (70 percent). And, although the percentage is down slightly (40 percent in 2001), 36 percent of you silent consume braindump sites as a means for preparing for exams.

    Service with a SmileMost of you drudgery for one of two types of organizations: the kindhearted that supplies services to external customers (solution providers, value-added retailers or systems integration firms) and the kindhearted that serves internal customers (corporate IT/IS). They asked respondents which character they drudgery for. Among those who aren't self-employed, they organize that 38 percent drudgery for a solution provider and 62 percent serve internal customers.

    Why should it matter? Because solution providers pay better. Those respondents who drudgery for solution providers merit $67,800; professionals providing internal IT services rear home $59,600. In addition, those who drudgery for solution providers delight in larger tolerable bonuses ($3,306) than the other group ($2,620). Of course, those with greater sustain mind to drudgery for companies that supply outside services rather than in corporate IT/IS, which helps interpret the differences in salary and bonuses.

    Regardless of the drudgery environment, respondents said they absorb been with their current employers for, on average, about three and half years.

    What about specific industries? finish some pay better than others? Overall, those individuals who drudgery for Web/software development/ISV firms merit the most—an tolerable of $69,600. Those who drudgery for the government merit the least—an tolerable of $56,500. Better-paid industries include systems and network integrators, R&D operations, finance/banking/accounting companies, aerospace and anything tall tech, such as ISP/ASPs, data processing firms, telecommunications firms, and computer consultancies. On the lower halt of the payscale you'll find these industries: retail, manufacturing, construction/ refineries/ petroleum, medical/dental/healthcare, marketing and entertainment, education and defense/military.

    Various expertises also absorb a premium. Chart 12 shows salaries by skill level. According to their results, for example, if you absorb six months or more of sustain in data warehousing, that will mind to achieve you more valuable than those who specialize in Linux. The same is accurate for expertise in Microsoft technologies. sustain with the newer products out of Redmond (such as Content Management Server and Mobile Information Server) mind to drive higher salaries. Chart 13 provides details.

    Salary by Skill Data warehousing $73,200 Outsourcing/ASPs $72,500 Software design $72,000 E-commerce $71,700 Extranets $71,300 Oracle $70,300 Strategic planning $70,000 Database development $69,300 Web site development/management $67,200 Hardware design $66,900 Web services $66,800 Database administration $66,500 Unix $66,300 Portable/embedded computing $65,900 Wireless $65,200 Intranets $64,800 Telephony $63,900 Linux $63,700 VPN/Remote management $63,200 Customer Relationship Management $62,800 Novell $62,500 Chart 12. Survey results imply that those with a specialization delight in a higher salary. keep in mind, that those with such skills also mind to absorb more experience, which plays a role in the higher tolerable incomes. Salary by Microsoft Expertise Content Management Server $80,600 Commerce Server $77,900 Mobile Information Server $76,700 Windows .NET Server $76,700 SharePoint Portal Server $75,700 Site Server $73,900 Application center 2000 $72,300 Visual Basic or VBA $70,800 Other evolution tools (ActiveX, Visual C++, C#, FoxPro, Access) $70,500 SQL Server $68,000 Systems Management Server $66,500 ISA Server $66,000 Internet Information Server $64,700 Proxy Server $63,300 Exchange Server $61,900 Office, Project, Visio, FrontPage $61,300 Windows desktops $59,100 Chart 13. When it comes to compensation by Microsoft expertise, specifically, newer technologies relish Content Management Server, Commerce Server and Mobile Information Server, as well as Windows .NET, bring in the higher salaries. It's likely that professionals working with these novel technologies also absorb more years of sustain and are, therefore, better compensated.

    Other IncomeDespite the economic downturn, it appears that IT professionals aren't looking for outside income as much as terminal year. In 2001, about 42 percent of respondents said they expected to receive additional compensation from job-related resources. Only 38 percent anticipate to receive outside income in 2002, with an tolerable amount of $2,777, (down from 2001's $2,906). Perhaps this is because there are fewer opportunities to merit extra income. As would exist expected, though, the amount of earned income increases in balance to years of sustain in the field. Those with three years or less of sustain said they bring home less than $2,000 in extra income, as opposed to those with 15 or more years under their belts, who merit nearly $4,000, on average.

    Working Hard, Playing HardPerhaps one of the reasons why outside income is lower is that you're putting in a puny more time at the office. The tolerable workweek has increased slightly, from 43 hours in 2001, to just more than 44 in 2002. The hours were fairly consistent across sum job titles and certifications, although MCTs topped the numbers with an tolerable of 46 hours per week.

    It's Important to remember, though, that as income rises, the number of hours worked per week also increases. About 38 percent of respondents said they drudgery more than 46 hours per week; these same professionals achieve about 18 percent more than those who drudgery fewer hours. If you want an income in the mid-$70,000s, then prepare to allot in an tolerable of more than 60 hours per week.

    Since you're working hard, does that add up to you're also playing hard? Fortunately, yes. The tolerable amount of available vacation time held uniform at 2.6 weeks, and 58 percent of you arrangement to rear nearly sum that time.

    Job SatisfactionSo beyond the salaries, the bonuses, the perks, are you happy—really happy—at your job?

    When they asked respondents how satisfied, overall, they were with their jobs, they organize that 83 percent said they were either satisfied or very satisfied. When they got into the specifics, though, the picture darkened.

    While 90 percent of respondents are satisfied/very satisfied with their coworkers and 73 percent are tickled with their direct management, 41 percent said they're not satisfied with their company's overall management. In addition, 47 percent aren't tickled with their compensation, and 66 percent feel their number of stock options is lacking.

    Do Consultants absorb it Better?About 6 percent of the survey's respondents are self-employed. They asked them to provide us with some information to aid us reply the question that goes through just about every worker's mind: “Would I exist better off on my own?” Well, it depends. Yes, the $76,800 tolerable income is attractive, but don't forget there are extra costs involved with going independent.

    More than half (55 percent) of self-employed respondents shrink directly with clients (which means they're answerable for filling out 1099s, filing their own income taxes and covering overhead costs) and merit an tolerable of $76,700. Nearly 12 percent drudgery through a broker/placement solid or IT staffing company and bring home about $69,300. The 33 percent of those who combine both methods, top the attain at $79,200.

    The certified professional who contracts directly with clients charges about $82 per hour. Per hour, the typical placement solid or broker charges $103 per hour, $62 of which the professional takes home.

    Also, it appears that, relish everyone else, those who are self-employed are working longer hours this year. The tolerable workweek is up to 42 hours, as compared to 38 hours in 2001. Thirty-six percent responded that they drudgery more than 46 hours per week. Previous research has told us that about two-thirds of those hours are billable.

    Gender DifferencesOnce again, women in IT—9 percent of their respondents—are earning less than their masculine counterparts. This year, men are bringing in an tolerable of $62,200, while women are earning an tolerable of $58,900—a contrast of $4,200. Although this sounds relish monstrous news, it's actually encouraging. In 2000, there was a $10,000 contrast between the genders. That gap narrowed in 2001, with the disparity dwindling to $7,100. (As a point of reference, the contrast between the genders for those who aren't Microsoft certified is much greater—a whopping $13,300.)

    The least disparity between the genders is within the NT 4.0 certification, in which women actually absorb a $500 advantage ($53,600 for women, and $53,100 for men). For the Win2K MCSE, the contrast is $3,000 ($51,000 for women, $54,000 for men).

    The certifications in which women are the poorest represented are MCSE+I at 7 percent, MCP+I at 8 percent and Win2K MCSE at 8.5 percent. On a more positive note, the percentage of female MCSDs rose this year to 12 percent (up from 11 percent in 2001) and is the highest representation of women across the board. Also, 10 percent of Win2K MCPs are women. That group represents the premium titleholders of tomorrow.

    You can read more details about the gender gap in earning in the tables that result this article.

    The More You KnowThis year's survey shows that, overall, education plays a role in compensation. Chart 14 provides a breakdown by academic level. The most common education flush among their respondents is a four-year degree (33 percent), which garners an tolerable income of $64,100. A master's degree brings the tolerable income up to $69,200, and a doctorate tops the list at $70,300.

    Salary by Education Level Doctoral degree $70,300 Master's degree $69,200 Post-graduate study without degree $67,800 Four-year degree $64,100 Two-year degree $57,100 Attended some college $57,900 Graduated from tall school $53,100 Some tall school or less $56,400 Chart 14. Although it's not the most Important factor in salary, they find a correlation between the flush of formal education and compensation. Fifty-four percent of respondents hold at least a four-year degree.

    What About This Economy?As much as they see this recession as a dent in salaries and would relish it to simply travel away, there are many out there for whom these tough times add up to no income at all. Nine percent of their respondents absorb been laid off in the past year. While 64 percent of them absorb organize another position and 8 percent absorb been rehired, there's silent that 28 percent who absorb yet to find employment. The tolerable length of unemployment was just more than three months.

    Overall, respondents believe that the U.S. is slowly coming out of its economic downturn—59 percent, in fact. Twenty-five percent aren't as confident and don't see the market rebounding anytime soon. The remaining 16 percent just aren't sure. Among those who don't see the economy coming back to life soon, 79 percent said they believe that it would affect their careers and 80 percent believe it already has. On a brighter note, 46 percent of sum respondents said that their Microsoft certification has had a positive repercussion on their job prospects.

    Some more ample tidings (especially for those seeking employment): 42 percent of their respondents are working at companies that arrangement to hire additional IT staff in the next 12 months, with the tolerable number of open positions at 10. Of those whose companies will exist looking to add IT workers, 68 percent responded that Microsoft certification would exist a qualifying factor for job candidates.

    Getting to WorkAlthough this year's numbers may appear discouraging, it's Important to keep in intelligence that there are ample jobs out there—as well as excellent salaries. The IT industry, just relish the comfort of the professional arenas, has fallen on some jagged times; but it's Important to bethink that nothing lasts forever. The market will attain back eventually—perhaps not to the highs of the '90s, but it will attain back. And you necessity to exist ready when it does. sustain remains the greatest factor in income levels. achieve certain you're getting as much learning and hands-on sustain as you can so that—when times finish salvage better—you'll exist adequately prepared to rear advantage of the recovery.

    It's also Important to bethink that location is a vital component in the salary equation. If you live in or near a major metropolitan area, salaries will exist higher than more rural areas. keep in intelligence that the cost of animate of those types of areas is also quite different. Charts 15 and 16 present salary by major metropolitan zone and state. (If you don't see your city referenced, it's simply because they didn't salvage enough response to provide meaningful data.)

    Salary by Metropolitan Area MCP MCP+I MCSE MCSE+I MCT MCSD Atlanta $53,700 $63,700 $63,300 $69,900 $77,700 $75,600 Austin $51,500 $56,000 $56,800 $70,200 $74,500 $68,800 Baltimore * $64,600 $68,000 $64,800 $84,100 * Birmingham * $57,500 $54,700 $58,500 * * Boise * * $44,500 * * * Boston $65,200 $69,900 $71,800 $79,600 $69,900 $91,100 Buffalo * $57,500 $44,400 * * * Charlotte $63,500 $58,900 $58,300 $68,400 $64,200 * Chicago $46,700 $65,400 $62,900 $71,700 $78,500 $77,700 Cincinnati $49,600 $54,500 $60,000 $65,400 $69,800 * Cleveland * $60,700 $57,300 $62,900 * * Columbus $48,200 $57,000 $49,300 $69,200 $70,700 $66,900 Dallas/Ft.Worth $55,400 $62,600 $61,600 $66,900 $84,500 $88,700 Denver $57,800 $62,200 $62,000 $68,000 * * Des Moines * $56,200 $61,400 * * * Detroit $53,400 $61,000 $59,100 $67,300 $63,300 $73,500 Honolulu * $51,200 $53,200 * * * Houston $51,000 $63,900 $64,100 $68,800 $76,300 $74,700 Indianapolis $43,700 $63,500 $61,600 * * $59,500 Kansas City $57,000 $62,500 $54,300 * * * Las Vegas * $62,500 $46,400 * * * Los Angeles $49,600 $63,800 $61,600 $71,000 $67,600 $78,200 Memphis * $61,000 $58,900 * * * Miami $39,700 $52,000 $53,900 $67,200 $80,600 $63,800 Milwaukee $53,900 $57,100 $52,500 * * $63,000 Minneapolis $54,600 $61,000 $62,500 $64,400 * $69,200 Nashville * $63,400 $62,200 $70,700 $59,500 $76,000 New Orleans * * $55,700 * * * New York $57,100 $64,500 $66,300 $73,000 $86,400 $85,500 Oklahoma City * $53,200 $48,100 * * * Omaha * $53,900 $57,200 * * * Orlando $43,500 $54,300 $54,400 $64,800 * * Philadelphia $57,100 $67,600 $63,100 $74,200 $71,300 $71,500 Phoenix * $62,300 $60,300 $70,900 $80,500 $76,000 Pittsburgh $42,500 $56,500 $57,600 $67,500 * * Portland, OR $43,800 $59,700 $58,300 $64,000 * * Sacramento * $59,600 $55,600 $71,800 * * Salt Lake City * $49,400 $51,600 * * * San Antonio * $55,800 $53,800 * * * San Diego * $60,800 $54,400 $73,200 * * San Francisco $48,300 $73,700 $73,500 $78,900 * San Jose * $80,300 $82,200 $83,400 * Seattle * $62,100 $64,500 $74,500 $77,500 $81,600 St. Louis * $60,800 $54,400 $62,100 $55,200 $65,200 Tucson * $45,800 $46,900 * * * Washington, D.C. $60,400 $69,800 $65,500 $76,200 $76,000 $78,300 Table 15. They asked respondents what metropolitan zone they live in, then tabulated tolerable groundwork salary. They had insufficient data to provide counts for the MCSA and MCDBA certifications. Salary by State MCP MCP+I MCSE MCSE+I MCT MCSD Alabama * $56,000 $55,600 $61,500 * * Alaska * * $51,100 * * * Arizona * $58,000 $58,300 $67,900 $71,800 $75,700 Arkansas * * $48,200 * * * California $52,000 $65,900 $63,500 $73,300 $73,200 $82,600 Colorado $64,000 $61,300 $60,300 $67,800 $75,000 * Connecticut * $62,200 $69,600 * * * Delaware * * $62,300 * * * Florida $43,400 $55,000 $53,700 $67,400 $74,000 $62,700 Georgia $52,900 $61,500 $62,000 $66,500 $73,600 $74,500 Hawaii * * $57,000 * * * Idaho * $48,000 $46,300 * * * Illinois $50,700 $63,200 $61,500 $69,300 $67,100 $72,300 Indiana $46,600 $55,300 $56,400 $62,500 $60,900 $53,900 Iowa * $53,200 $52,900 * * * Kansas * $55,000 $50,300 * * * Kentucky * $56,300 $53,600 * $62,900 $68,800 Louisiana * * $51,600 * * * Maine * * $50,100 * * * Maryland $63,000 $65,700 $65,400 $69,400 $78,100 $84,200 Massachusetts $67,500 $68,100 $70,600 $73,000 $85,500 $71,300 Michigan $52,800 $59,800 $58,100 $64,200 $64,800 $72,800 Minnesota $59,200 $59,200 $60,900 $61,600 * $69,700 Mississippi * * $56,000 * * * Missouri $46,100 $62,300 $55,600 $60,600 $57,900 $63,100 Montana * * * * * * Nebraska * * $52,400 * * * Nevada * * $47,600 * * * New Hampshire * * $67,500 * * * New Jersey $63,600 $64,700 $62,900 $72,700 $80,000 $83,500 New Mexico * * $58,100 * * * New York $52,500 $60,700 $60,100 $66,100 $74,700 $82,500 North Carolina $57,100 $58,200 $56,100 $63,400 $64,100 $81,200 North Dakota * * * * * * Ohio $49,300 $57,800 $56,300 $65,300 $66,900 $70,000 Oklahoma * $50,200 $47,900 * * * Oregon * $58,100 $58,200 $60,800 * * Pennsylvania $45,000 $61,700 $57,200 $67,900 $69,400 $65,400 Rhode Island * * * * * * South Carolina * $54,300 $57,400 * * * South Dakota * * $49,600 * * * Tennessee * $62,500 $59,500 $71,700 $59,400 $74,900 Texas $51,700 $60,400 $60,000 $67,200 $77,400 $77,900 Utah * $49,600 $48,800 * * * Vermont * * $56,500 * * * Virginia $61,800 $67,100 $62,700 $76,400 $76,800 $74,200 Washington * $59,000 $58,800 $71,700 $75,800 $80,800 West Virginia * * $43,900 * * * Wisconsin $54,200 $60,600 $54,700 $62,800 * $61,600 Wyoming * * * * * * Table 16. They asked respondents what situation they live in, then tabulated tolerable groundwork salary. They had insufficient data to provide counts for the MCSA and MCDBA certifications. Data for Washington, D.C. is included in the table for salaries by metropolitan area.

    And let's not forget about job skills and, of course, certification. Those with premium certifications (MCSE, MCSD and so on), who are knowledgeable in the latest technologies and absorb taken on leadership roles will, naturally, exist better compensated than those who hold the entry-level MCP and never slouch beyond the aid desk.

    So there are your next steps: Hold tight, continue getting the most hands-on sustain possible, update your certification, pay your dues and rear the leadership reins whenever possible. Your goals are within your grasp.

    Chris Jeffares$72,000+bonusMCSE, CNA, A+, CAPS, CCA, CCEABusiness Technology Consultant6 1/2 years in ITIndianapolis, Indiana Jeff Budderly$48,000MCP, CNA, A+Network Administrator10 years in ITYoungstown,Ohio Brad Blauvelt$39,500MCSE, CCNA, A+Network Technology Specialist10 years in ITRapid City, South Dakota Michael Haisley$37,000MCP, CCNP,CCNAWeb Developer3 years in ITMuncie,Indiana

    About the Author

    Kristen McCarthy is Senior Editor, Reviews of MCP Magazine.


    Converged data center hardware tidings | killexams.com true questions and Pass4sure dumps

    Editors, SearchITChannel.com

    The hype behind converged data center hardware has grown over the past year as HP and Cisco fight to dominate in unified computing.

    In this roundup, you'll find sum the latest tidings on data center convergence, Cisco Systems Inc.'s Unified Computing System (UCS), Hewlett-Packard Co.'s purchase of 3Com and what it sum means for channel partners.

  • Oracle pitches cut-rate Exadata Oracle offered aggressive discounts on its Exadata hardware-software bundle in its fourth quarter.
  • VCE confederate program modifications tackle channel conflict, deal reg problems The Virtual Computing Environment Company introduces streamlined deal-registration and purchase-order systems to boost Vblock sales in the channel.
  • HP BladeSystem improves with Egenera dealThe Egenera PAN Manager software is now certified for Hewlett-Packard’s BladeSystem c-class servers, adding novel high-availability and disaster-recovery options for HP users. PAN Manager automatically detects hardware failures and re-provisions servers onto other blades in a pool.
  • Converged management, not infrastructure, holds appealThe shove toward converged data centers by Hewlett-Packard and Cisco Systems at the vendors’ respective confederate conferences terminal year is finding limited advocate among forward-thinking midsized businesses. But that doesn’t add up to those businesses are willing to rear an all-in-one, single-vendor approach, according to data center VARs.
  • Distributors define value in data center convergenceAs the data center convergence shove continues, distributors are making an endeavor to advocate VARs, many of which absorb tenacious skill sets in at least one data center technology area. Few, however, are experts in networking, servers and storage. IT distributors exclaim they can aid with training, education and assistance with integration, testing and certification.
  • Cisco stresses 'partner-centric' model in converged data center pushCisco is calling on its partners to aid it win against HP in the converged data center. The company's efforts to win the data center convergence fight absorb led it to further strengthen ties with VMware Inc., creating bundled offerings that combine the Cisco UCS C250 with VMware vSphere.
  • Cisco UCS gains confederate support, despite tall priceAlthough Cisco's UCS demands a higher investment than comparable HP products, some VARs find that the UCS price tag isn't a deterrent. Cisco's brand in networking technologies may influence people to at least try its server offerings.
  • HP data center shove targets CiscoAlthough vendors impute the converged data center hardware shove to customer demand, many VARs exclaim their customers aren't wild about relying on one vendor for sum of their data center hardware needs. Nevertheless, the HP-Cisco unified computing fight continues with HP calling on VARs to retaliate against Cisco's UCS and rear a chunk out of Dell Inc.'s SMB commerce while they're at it.
  • HP-Cisco networking battle heats up with 3ComWith 3Com in HP's pocket, VARs are growing increasingly anxious over what the HP-Cisco networking battle means for them. Although HP and Cisco absorb pledged allegiance to the channel, many partners exclaim they already feel pressure to rear sides. Others worry that the one-stop-shop mantra eliminates the role of integrators that traditionally assemble multi-vendor solutions.
  • New Cisco Unified Computing System faces tough sellAlthough Cisco's latest UCS comes with the most recent chips from Intel, better integration with third-party system management and four times the bandwidth, Cisco silent faces a tough battle to convince IT buyers that UCS is the perquisite data center approach for them. Customers aren't convinced that UCS will play nice with their legacy hardware.
  • Data center hardware wars: VARs rear on vendorsAs the data center hardware war rages on, VARs are taking a closer determine at what a converged data center really means for them. Although vendors pretense that customers want one throat to choke, many VARs believe that vendors' motivation is more self interest than customer satisfaction.
  • Unified computing: A 2010 data center trend?Although some industry experts exclaim unified computing is the way of the future, others speculate that it is nothing more than a passing fad. Vendor lock-in is a concern, and some customers worry about the cost of implementation, compliance and regulation. At least one IT manager voiced presentiment over converged architecture, stating that higher costs could add up to that other departments will absorb to shoulder the excess weight.
  • Converging hardware consolidates IT purchase powerA converged data center hardware approach could add up to that solution providers absorb fewer people to deal with when trying to salvage a final purchasing conclusion from customers. Some companies exclaim converged data centers reclaim them money on hardware and maintenance by reducing the amount of contracts they absorb and the number of vendors they use.
  • HP's buyout of 3Com continues IT convergence pushHP's slouch to buy networking company 3Com signals a deeper plunge into converged data centers. Although greater integration of IT gear is an obvious advantage, some experts express concern that price fixing, less competition and vendor lock-in might exist inevitable repercussions.
  • HP vs. Cisco data center hardware battle heats upAs Cisco and HP gear up in their data center hardware battle, the two companies are also recruiting channel partners. Cisco launched its Virtual Computing Environment (VCE) to facilitate sales of pre-configured and pre-tested hardware, storage and virtualization bundles. Just hours later, HP revealed its novel Converged Infrastructure strategy. As both companies try to strengthen their grasp on the data center, VARs anticipate more direct sales pushes from each side.
  • Unified computing systems integrate more data center hardwareHP ProCurve Blade Switches and the HP BladeSystem Matrix are just two of Hewlett-Packard's weapons in fighting Cisco's Unified Computing System. Vendors exclaim they are just trying to meet customer demand for a more easily managed virtual environment, but they are also assuming the duties that integrators and VARs absorb performed for years.
  • Related Resources View MoreDig Deeper on Hyperconverged infrastructure implementation


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