I'm not saying that baptism is part of the salvation process. Eph. 2:8-9 makes that very clear.
But I do notice that in many Pentecostal/Charismatic groups there is no immediate felt need to have someone be baptize as soon as they give their life to Christ. There are many within the Pentecostal/Charismatic churches that are former Roman Catholics, where it is taught that baptism is part of the salvation process, which explains why the RCC practice infant baptism, and may explain why baptism is not stressed right after conversion in a Bible believing church. Yet among Baptists I've been looked down upon because we (my church) didn't baptize the person right away after they got saved. For example, I was talking to a baptist lady at work, and mentioned how much our church has been growing. she asked how many people have been baptized, and I stated that we haven't had a baptism since our New Years service (this was in May). She started to rebuke me because we weren't good Christians, etc. etc.
We baptize people when they ask to be. We teach that all believers should be baptized, but I would rather see someone get baptized because they have a desire to be, and that they understand why they are being baptized rather than just go and dunk them as a religious formality. It's alot more meaningful that way.