In Market Street Talent’s “Jobs in Demand” series, our recruiters highlight a position in demand, typical pay, and skillsets required.
Typical Title: Oracle Database Developer (PL/SQL Development)
Pay Range: As with every position in the IT space, a wide range of variables play into Oracle Database Developer salaries. Generally speaking, small firms pay $90,000-110,000, while larger firms pay $100,000-150,000. The more skills needed for a position typically translates into higher pay; that is, the skillset required for programming fast-responding databases (i.e. those needed by banks and trading companies) will command higher salaries. Work/life balance should also be taken into account.
Skills Needed: Required skills are dependent upon the industry, how fast a company needs a database to be developed, what the data is to be used for, and the speed at which that data needs to be retrieved and processed. On average, banking and trading companies require ETL developers who can quickly code for real-time data that is processed at high rates of speed. Retailers need developers in the eBusiness (EBS) space who are able to utilize a suite of products Oracle developed or acquired as a collection of enterprise resource planning (ERP), customer relationship management (CRM) and supply-chain management (SCM) computer applications. Developers with a background in retail will unlikely be able to transfer their skills to a banking environment, and banking developers will likely be faced with a large cut in pay if they are to work in retail.
Where Oracle Databases are Applied: In banking, Oracle databases drive every financial transaction. For example, when an ATM card is inserted into an ATM machine, the ATM accesses the bank’s database to inquire whether or not the person has an account or accounts, inquires whether the account from which the money is requested has the requested amount, and whether the money requested from the account is available. In retail, the database holds not only customer information like name, address and account number, but also information related to product inventory, pricing, and sales history.
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