Cobol Developer Salary | Tips to Save More While Hiring
Although choosing Cobol programming as a career may not be considered attractive compared to slinging Ruby or Java programming, more and more companies are looking to hire C++ developer. This is because it’s one of the widely used programming languages. Developers who buckle down and immerse themselves in the hoary old Cobol can and will attest it’s one of the most secure careers in IT.
To support this argument, market indicators show that there is an increased demand for Cobol skills which has led to an upswing of Cobol developer salary – plus, the language is simple to learn and promises longevity. The rumors about mainframes facing imminent extinction have subsided, and businesses devoted to the big iron will continue embracing Cobol pros.
What Is Cobol Programming?
Cobol is an English-like programming language specifically designed for businesses enterprise applications. This object-oriented language is primarily used in finance, business, corporate, and government administrative systems. Since making debut in 1959, Cobol has been widely utilized in legacy applications that are deployed on mainframe computers such as transaction processing job and large-scale batch.
Despite the emergence of other programming languages, Cobol still holds a massive base. This is because it’s compatible with modern technologies plus migrating this widely used code would be too expensive to overhaul or cripple almost every business.
Instead, companies are choosing to integrate Cobol into their modern applications. According to Arunn Ramadoss, approximately 75% of the global businesses data still rely on Cobol, with financial transactions relying on the language totaling 90%.
A decade ago, a survey projected that the number of Cobol programmers would continue declining due to the retirement of the experienced developers and very small number of new entrants. As the forces of markets dictate, when demand outstrips supply the prices are bound to go up. This has seen the average salary of a Cobol developer increase significantly.
To solve this problem of limited skills, major tech universities like University of Wisconsin- Platteville among others increase the number of Cobol Programming slots in their intakes to bridge the gap.
Technologies That Easily Merge with Cobol
In a world where Hybrid IT is the order of the day, projects are relying on quick access to the back-office data. Companies need to embrace modern business infrastructure, applications, and delivery requirements.
According to a survey conducted by a research firm Harris Interactive in 2017, approximately 55% of respondents indicated the intention of modernizing their Cobol apps by the year 2019.
Although the Cobol concept traces root in the late 50’s, today’s incarnation of the language is far from what most people consider legendary. It features the same contemporary attributes of other languages, easily works with standardized IDEs such as Eclipse and Visual Studio, supports latest versions of enterprise technology like Mobile, Cloud, Managed Code, supports web services, works within Virtualized environment, an API model, and object-oriented. In short, it can support almost every project.
Moreover, it loyally does all the things it was intended for, rapid and precise calculations, managing big data, accuracy, and reliability that enterprise systems need.
Why Use Cobol in Modern Development
There are multiple mainframe installations globally with Cobol as the mainstay language. Here are some of the reasons why it’s important to use Cobol today.
Cobol Runs the World
You may not be aware of this but Cobol touches almost every aspect of your life from ATMs, healthcare prescriptions, and even POS systems. Cobol programming language is the behind-the-scenes lifeline that supports and controls over 85% of all business applications. An organization looking to start working on a new project should set aside space to accommodate this language and it’s too deeply woven into the business fabric that it would be impossible not to interact with it.
Robust and Intuitive
Since inception, Cobol has been robust enough to accommodate and adapt to business changes. Throughout its life, the language has faced many different obstacles including new devices and platforms. Interestingly enough, it knows which strings to tug to get going. It can easily integrate with modern languages such as Java, C#, and VB.NET. That notwithstanding, it’s compatible with modern IDEs which means it can handle almost everything you are doing.
Needless to say, it features a Natural Language Syntax which makes it easier for a Cobol application developer to execute his tasks plus makes it easier for employers to understand what’s going on.
It’s a well-known fact that a programming language can only be useful if it supports DRY. DRY simply means Don’t Repeat Yourself. It would be a waste of time to keep on repeating the same code over and over. Developers will appreciate that Cobol supports program calling between programs and linkages which allows for code reuse and segmentation.
Supports Hierarchical Data
Another unique selling point of Cobol is the flexibility it affords developers in grouping similar data similar to what C struct does. In a historical sense, C programming language borrowed a leaf from Cobol as it had this feature way before. This way, developers can name their data groups or records without breaking a sweat.
Cobol Developer Skills, Tasks, and Responsibilities
The numbers surrounding Cobol are a true testament that it has a huge influence in the business world. Perhaps the most interesting thing is that there are 200 times more Cobol transactions daily than Google searches.
So, what does it take to join this industry? You don’t require a crew cut. In fact, most Cobol developers are required to posse similar skills as those of any other IT professionals. However, prospective companies are looking for Cobol developers who easily understand business, armed with diverse skills, and capable of learning new technologies.
Here are some of the Typical Tasks of a Cobol Developer:
- Gathering and documenting system requirements.
- Coding Cobol programs.
- Maintaining and developing Cobol.
- Developing, Designing, coding, and Testing changes to enterprise software applications.
- Fine Tuning DB2 SQL queries.
- Implementing changes to Cobol Programs.
- Defining coding standards to ensure code integrity.
Cobol Developer Salaries in Various Countries
Due to the shortage of Cobol developers globally, the industry has seen a monumental increase in the average salary of developers. According to Payscale, a Senior Cobol Developer in the US earns an average annual salary of $85,032. In the UK, the same position commands £42,500 with a Junior Cobol Developer earning an average of £16,825 annually. On the other hand, a senior C++Developer in Canada earns $62,110.
Cobol Developer Resume
With the ever-changing digital ecosystem, Cobol applications have been in the spotlight as to whether they are viable as a modern-day technology. However, with the influence and irreplaceability of Cobol programming, this spotlight isn’t going away anytime soon. The demand for Cobol skills will continue being high as businesses will always look to maintain their mainframes even when the old cadre retires. Additionally, these individuals will still be demanded to reverse-engineer crucial mainframes within the business world. As time goes on, the forces of demand and supply will find equilibrium and the skills gap will be corrected. But before then, companies will have to compete for the limited number of developers.
Mobilunity helps you eliminate this unnecessary competition by helping you hire dedicated Cobol developers. Our developers have worked with multiple companies around the world and based on their past experience, they are ready to share with you what they have seen work and what haven’t. As a result, your Cobol projects with be full of fresh and innovative ideas that remind your customers why they chose you in the first place.