Wednesday, June 16, 2010

IT Salaries on the Rise

According to a new salary survey by The Janco Associates, Inc. for employment data up to June 2010, there are increasing signs of bright spots in compensation trends for IT professionals:
  • The total mean compensation for all IT Professionals has increased to $78,210 from $77,690. 
  • CIOs compensation has increased over the last 12 months. The mean compensation for CIOs in large enterprises is now $181,533 (an increase of 7.52%) and $169,303 (a 3.73%) in mid-sized enterprises.
  • In mid-sized enterprises, the mean total compensation for all positions has fallen slightly from $73,905 to $73,439.  At the same time in large enterprises, the median compensation has risen slightly from $82,475 to $81,652.
  • Flexible hours and work schedules are becoming more available as the recovery begins to take hold and is viewed as a low cost high value benefit by both employers and employees.

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