Mainframe, MVS and zOS Discussion

According to research covering more than 100 universities across the globe from earlier this year, 58% of the academic leaders questioned believed COBOL programming should be on the curriculum. Yet only 27% could confirm that was the case, and only 18% had COBOL as a core part of the course with the rest making it an elective component. This coding support quandary is pushed further into the scratching of heads limelight when you consider that (according to the Aberdeen Group; Giga Information Group; Database & Network Journal; The COBOL Report; SearchEngineWatch.com; Tactical Strategy Group and The Future of COBOL Report):

COBOL supports 90% of Fortune 500 business systems every day

70% of all critical business logic and data is written in COBOL

COBOL connects 500 million mobile phone users every day

COBOL applications manage the care of 60 million patients every day

COBOL powers 85% of all daily business transactions processed

COBOL applications move 72,000 shipping containers every day and process 85% of port transactions

95% of all ATM transactions use COBOL

COBOL enables 96,000 vacations to be booked every year

COBOL powers 80% of all point-of-sale transactions

There are 200 more COBOL transactions per day than Google + You Tube searches worldwide

$2 trillion worth of mainframe applications in corporations are written in COBOL

1.5 million new lines of COBOL code are written every day

5 billion lines of new COBOL code are developed every year

The total investment in COBOL technologies, staff and hardware is estimated at $5 trillion

An estimated 2 million people are currently working in COBOL

[ Post made via Android ]

If the statistics are so strong about COBOL why are not we mainframe programmers are paid well? Many other friends of mine have switched from mainframe and are earning good money compared to me!!

Salaries have to do with local conditions, perceived importance of the position, and HR policies -- they have little to do with what companies are doing in COBOL or Java or .... I expect salaries to go up as COBOL programmers start retiring over the next few years, but that does not mean any particular COBOL programmer's salary will go up -- it all depends upon the company, the individual, and local conditions.

Thanks. But situation does not seem to move a lot.