Wednesday, August 27, 2008

IT Salaries Swoon

The results of InformationWeek's 2008 U.S. IT Salary Survey are not pretty.

The new study of IT salaries is filled with bad news and IT salaries took a swoon for the first time in the 11 years the publication began studying salary trends. Editor Marianne Kolbasuk McGee took a positive outlook by noting that IT salaries have inched up recently. Maybe that's the reversal of the swoop's curve!

Salaries for business technology professionals have been falling. The good news is that the drop is a modest one for IT staff and managers.

From 2007 to 2008, median base pay for IT staff fell to $73,000 from $74,000, and for managers it dropped from $97,000 to $96,000. The stagnation in pay understandably seems to have caused a drop in levels of satisfaction with pay and jobs overall. But, many IT professionals are still feeling secure in their positions and optimistic about IT as a career path.

This InformationWeek Analytics report provides an unparalleled view into trends in IT salaries and compensation plans. With more than 9,000 respondents, the research explores IT compensation and benefits trends across 20 IT job functions and management positions. Findings are segmented according to the job functions of managers and staff for the most comprehensive analysis possible.

Use this report to understand what IT professionals are facing regarding salaries, compensation, benefits, and job satisfaction, as well as how emerging trends like outsourcing impact IT professionals. Buy Now: Just $299

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