B>It Pays To Be The Boss
Chief Executive Officers from mid-Atlantic technology companies treated themselves to a 21 percent salary increase from 1992 to 1994, while their senior engineers received an average 3.9 percent increase during the same period, according to a recent survey.
The CEOs of 143 technology companies from Pennsylvania, Maryland, and Virginia, earned an average salary of $181,500 last year; the average pay for engineers was $44,400, and technicians received $31,400.
More than half the companies surveyed by Alexander & Alexander Consulting Group Inc. in Lyndhurst, N.J., earned revenues of less than $10 million, and were in the computer-infotech, biotechnology, and professional services industries.
In Your Eye, Silicon Valley
One in eight U.S. high-tech jobs created from 1980 to 1990 were generated in the Washington-Baltimore region, according to the Greater Baltimore Alliance, an economic development partnership.
The area is the fourth largest regional market in the United States, and includes more scientists and engineers than any other, a total of 147,537. The region is home to 6.9 million people and 4.2 million jobs, and also houses one out of every 10 American biotechnology companies, the partnership concluded.
PRC Charity Begins at Homeless Shelters
Northern Virginia shelters now have an automated information system to help them find beds and meals for the homeless, thanks to PRC Realty Systems of McLean, Va. The system allows shelters to share information about available space and services, people seeking services, and community volunteers.
PRC, a $761 million information technology company, donated software and telecommunications equipment the company says is worth $100,000. Twenty shelters provide 600 beds for the homeless in the Northern Virginia region.
You Can Run, but You Can't Hide
The Clinton administration appears
to think that changing its $167 million National Biological Survey to the National Biological Service will help the U.S. Department of Interior project survive.
But the new name -- an attempt to distance NBS from the image of agency scientists taking inventory of nature -- is not likely to convince conservative Republicans to keep the program that they fear will be used to support endangered-species regulations.
NBS' mission of creating a national biological information infrastructure that would make data about the world's biological resources more accessible remains the same despite the name change, which came in a Jan. 5 order from Interior Secretary Bruce Babbitt.
"Information warfare is quickly becoming a concern of highly advanced information-based societies such as the U.S. We have transactional activities here related to revenue, legal, technical and functional systems that are vulnerable. These systems are increasingly becoming interconnected, and their vulnerability to disruption or attack is increasing, particularly as we develop these complex information highways for the future."
-William Studeman, acting director of central intelligence and CIA chief, at a Senate Armed Services Committee hearing Jan. 17.
WASHINGTON TECHNOLOGY®, the Business Newspaper of for Federal Systems Integrators, is published by TechNews, Inc. at 8500 Leesburg Pike, Suite 7500, Vienna, VA 22182-2412. Telephone (703) 848-2800. Information is obtained from sources considered reliable but accuracy cannot be guaranteed. No information or opinion expressed herein constitutes a solicitation for the purchase or sale of any securities. Opinions are those of authors or artists and not necessarily those of the newspaper. Acceptance of advertising does not imply endorsement. Material in this publication may not be reproduced in any form without permission.
Copyright © 1995 TechNews, Inc.
All Rights Reserved
WASHINGTON TECHNOLOGY® (USPS 000-256, ISSN 1058-9163) is published semimonthly and is free upon request to technology executives and managers in technology-related corporations, federal agencies and associations. Others pay a $49 subscription fee.
Second-class postage paid at Vienna, VA and additional mailing offices.
POSTMASTER: Send address changes to WASHINGTON TECHNOLOGY, 8500 Leesburg Pike, Suite 7500, Vienna, VA 22182-2412.
WASHINGTON TECHNOLOGY® is a registered trademark of TechNews, Inc.
A chart in the Jan. 12 Washington Technology feature story, "The 1995 Fast 50 Awards," incorrectly listed I-Net Inc.'s 1994 revenues. The correct figure, which appears in the main story, is $225 million.
Washington Technology reserves this space to correct errors of fact and interpretation. To correct an error, call (703) 848-2800 ext. 113.