Information Weeks annual salary survey
The year 2007 looks like it is going to be a good year in IT. While these are just the averages from people who self report, overall everyone should have gotten a decent raise this year.
Information technology as a career path is back on track. IT professionals are earning the highest salaries in the 10-year history of the InformationWeek National IT Salary Survey. IT professionals are back in high demand, and that’s helping to create more security for those on the IT career path. One of the largest employee-based IT salary studies in the U.S., this report documents the responses of thousands of IT professionals. The report explores IT compensation and benefits trends across twenty IT job functions and management positions. Bonuses, stock options as well as the impact that gender and location have on compensation packages are also addressed in the 30-page National IT Salary Survey report. Source: Information Week
With Web 2.0, there is a lot of increased pressure to bring people on board or contract out a lot of the work that companies are doing. While there are technological methods to bring down costs in web 2.0, the human resources factor is a cost that companies are just going to have to pay, or find an outsource company to do the work for them.
In going through the report, experience and position are the two things that are going to garner the most money. No don’t pay your help desk person 80K, the average is 49 according to the report. Security person around 80K flat on average, then factor in the city differential, web security comes in at 75K, and web design comes in at 63K. The money right now is in architecture and management, being a good manager has a great payoff at 99 to 102K.
Companies are trending in the demand for IT workers and raising the average salary by 5.1% for staff and 4.6% for management. This should make negotiating for your next salary raise a little bit easier, and well worth getting the report. Your HR office will have a copy of this you might as well too.
It’s a good time to be in IT.
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