Close
  • Latest News
  • Cybersecurity
  • Big Data and Analytics
  • Cloud
  • Mobile
  • Networking
  • Storage
  • Applications
  • IT Management
  • Small Business
  • Development
  • Database
  • Servers
  • Android
  • Apple
  • Innovation
  • Blogs
  • PC Hardware
  • Reviews
  • Search Engines
  • Virtualization
Read Down
Sign in
Close
Welcome!Log into your account
Forgot your password?
Read Down
Password recovery
Recover your password
Close
Search
Menu
Search
  • Latest News
  • Cybersecurity
  • Big Data and Analytics
  • Cloud
  • Mobile
  • Networking
  • Storage
  • Applications
  • IT Management
  • Small Business
  • Development
  • Database
  • Servers
  • Android
  • Apple
  • Innovation
  • Blogs
  • PC Hardware
  • Reviews
  • Search Engines
  • Virtualization
More
    Home IT Management
    • IT Management

    Salaries Rising for IT Professionals, Led by CIOs

    By
    Nathan Eddy
    -
    January 17, 2013
    Share
    Facebook
    Twitter
    Linkedin

      Hiring and salaries have improved for IT positions in most North American metropolitan areas, according to the 2013 Salary Survey released by Janco Associates and eJobDescription.com. The study showed salaries up 1.98 percent for IT pros in the past 12 months, with CIO pay in the lead.

      Between January 2012 and January 2013, the total mean compensation for all IT professionals increased to $79,312 from $77,773, which puts the overall compensation back at the levels in 2007 and 2008. In midsize enterprises, the mean compensation for all positions rose 2.39 percent, to $75,784 from $74,016. In larger enterprises, median compensation rose to $82,840 from $81,531.

      Positions in the highest demand were associated with quality control, records management and data center operations management. Over the long term, IT executives fared better in midsize companies than large companies, where salaries have recovered the losses sustained during the recession in most cases. However, in large companies, IT executive salaries are still below their 2008 levels.

      The survey also found median CIO tenure has increased from 4 years and 2 months to 4 years and 3 months, and companies are continuing to refine the benefits provided to IT professionals. Outsourcing has peaked, and companies are looking to bring IT operations back into their direct control. Moreover, a number of enterprises are moving help desk and data center operations in-house, which has resulted in an increase in demand for data center managers, the study found.

      Companies are also continuing to refine the benefits, such as health care, provided to IT professionals, while they continue to trim costs, including the elimination or reduction of personal bonuses. Lower-cost benefits, such as company-paid life insurance and extended disability, have been provided in lieu of more costly perks, the survey indicated.

      A report earlier this month from online IT career specialist Dice.com found more tech jobs have been created in the three and a half years since the end of the Great Recession than under the same recovery timelines in either 1991 or 2001. Positions in technology consulting led in the latest recovery, according to Dice.

      The unemployment rate for tech professionals steadied in the fourth quarter at 3.3 percent, less than half the national average, which improved to average 7.8 percent in the quarter. In comparison, the IT sector unemployment rate stood at 4.4 percent in the first quarter of 2012. However, the strong jobs recovery in technology hasn’t translated into more willingness or the ability of workers to leave their jobs, the report indicated.

      Avatar
      Nathan Eddy
      A graduate of Northwestern University's Medill School of Journalism, Nathan was perviously the editor of gaming industry newsletter FierceGameBiz and has written for various consumer and tech publications including Popular Mechanics, Popular Science, CRN, and The Times of London. Currently based in Berlin, he released his first documentary film, The Absent Column, in 2013.

      MOST POPULAR ARTICLES

      Android

      Samsung Galaxy XCover Pro: Durability for Tough...

      Chris Preimesberger - December 5, 2020 0
      Have you ever dropped your phone, winced and felt the pain as it hit the sidewalk? Either the screen splintered like a windshield being...
      Read more
      Cloud

      Why Data Security Will Face Even Harsher...

      Chris Preimesberger - December 1, 2020 0
      Who would know more about details of the hacking process than an actual former career hacker? And who wants to understand all they can...
      Read more
      Cybersecurity

      How Veritas Is Shining a Light Into...

      eWEEK EDITORS - September 25, 2020 0
      Protecting data has always been one of the most important tasks in all of IT, yet as more companies become data companies at the...
      Read more
      Big Data and Analytics

      How NVIDIA A100 Station Brings Data Center...

      Zeus Kerravala - November 18, 2020 0
      There’s little debate that graphics processor unit manufacturer NVIDIA is the de facto standard when it comes to providing silicon to power machine learning...
      Read more
      Apple

      Why iPhone 12 Pro Makes Sense for...

      Wayne Rash - November 26, 2020 0
      If you’ve been watching the Apple commercials for the past three weeks, you already know what the company thinks will happen if you buy...
      Read more
      eWeek


      Contact Us | About | Sitemap

      Facebook
      Linkedin
      RSS
      Twitter
      Youtube

      Property of TechnologyAdvice.
      Terms of Service | Privacy Notice | Advertise | California - Do Not Sell My Information

      © 2021 TechnologyAdvice. All Rights Reserved

      Advertiser Disclosure: Some of the products that appear on this site are from companies from which TechnologyAdvice receives compensation. This compensation may impact how and where products appear on this site including, for example, the order in which they appear. TechnologyAdvice does not include all companies or all types of products available in the marketplace.

      ×