IT salaries are moving up across the board according to Janco
style='FONT-SIZE: 17pt; FONT-FAMILY: "Calibri Light",sans-serif; COLOR: #5b9bd5; LINE-HEIGHT: 120%'>2015
IT Salary Survey shows that salaries for IT Pros are moving up as 112,000 jobs
were added in 2014
color=#000000>The 2015 Salary Survey, just released by Janco
Associates and eJobDescription.com, is good news for IT Professionals. The
survey shows that hiring and salaries have improved for IT positions in most
North American metropolitan areas.
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color=#000000>The CEO of Janco Associates, Mr. Victor
Janulaitis said, For the first time in over 6 years salaries for IT Pros have
moved up almost across the board. We believe that this is due to the fact
that over 112,000 new IT jobs were created in the last 12 months and that the
economy seems to be in a recovery mode.
color=#000000>The findings presented in Jancos 2015 IT
Salary Survey include:
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- In 2014 the IT job market grew by 112,800 versus 74,900 and 62,500 in
2013 and 2012 respectively according to the Bureau of Labor Statistics
(BLS). - IT compensation for all IT Professionals has increased by 2.81% in the
last 12 months. - Between January 2014 and January 2015 the total mean compensation for
all IT Professionals has increased from $79,352 to $81,583. This
puts overall compensation back at the levels they were at in January 2008
and 2007. - In mid-sized enterprises, the mean total compensation for all
positions has increased by 3.23% from $76,198 to $78,656.
- In large enterprises, the median compensation has risen from $83,197
to $84,550. - CIOs compensation has moved up (2.28%) in larger companies and slightly
less (2.15%) in smaller and mid-sized companies in the past 12 months.
The mean compensation for CIOs in large enterprises is now $185,359 and
$175,205 in mid-sized enterprises. - Media CIO tenure has increased from 4 years and 3 months to 4 years
and 4 months. In companies of all sizes fewer CIOs have changed jobs
in the last 12 months than in prior years. - Positions in highest demand are all associated with the quality control,
BYOD implementation, capacity planning and service level improvement. - Over the long term IT executives have fared better in mid-sized
companies than large companies. - In mid-sized companies IT executive salaries have recovered all of the
losses sustained in the recession and in some cases exceeded prior highs.
- In large companies IT executive salaries are where they were in
2008. - Cost control is still the rule of the day; however we have seen an
increase in the number of “part-timers” and contractors who are focused on
particular critical projects. - On shore outsourcing has peaked and companies are looking to bring IT
operations back into their direct control and reduce operating costs. - A number of enterprises are moving help desks and data center
operations in-house which has resulted in an increase demand for data
center managers. - Mandated requirements for records management systems and electronic
medical records have increased the demand for quality control staff and
custodians (librarians) of mechanized records. - Companies are continuing to refine the benefits provided to full time IT
professionals. Though benefits such as health care are available to 80%, IT
professionals are now paying a greater portion of that cost. - IT compensation for all IT Professionals has increased by 2.81% in the
last 12 months. - Between January 2014 and January 2015 the total mean compensation for
all IT Professionals has increased from $79,352 to $81,583. This puts
overall compensation back at the levels they were at in January 2008 and
2007. - In mid-sized enterprises, the mean total compensation for all positions
has increased by 3.23% from $76,198 to $78,656. - In large enterprises, the median compensation has risen from $83,197 to
$84,550. - CIOs compensation has moved up (2.28%) in larger companies and slightly
less (2.15%) in smaller and mid-sized companies in the past 12 months.
The mean compensation for CIOs in large enterprises is now $185,359 and
$175,205 in mid-sized enterprises. - Media CIO tenure has increased from 4 years and 3 months to 4 years and
4 months. In companies of all sizes fewer CIOs have changed jobs in
the last 12 months than in prior years. - Positions in highest demand are all associated with the quality control,
BYOD implementation, capacity planning and service level improvement. - Cost control is still the rule of the day; however we have seen an
increase in the number of “part-timers” and contractors who are focused on
particular critical projects. - On shore outsourcing has peaked and companies are looking to bring IT
operations back into their direct control and reduce operating costs.
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