Survey: Large Company IT Execs Raking in $140K

A growing income disparity in the IT department looms, with the greatest salary decreases among infrastructure and staff-level workers and greatest increases among execs.

Average salaries for all IT positions has remained relatively the same (0.05 percent) over the last year, falling slightly (-0.04 percent) to $75,126 in midsized companies and edging up (1.01 percent) to $81,078 in large ones, according to the June 2006 IT Salary Survey from Janco Associates released June 19.

Yet, the survey evidences a growing income disparity in the IT department. The greatest income decrease (-3.07 percent to $57,727) is among infrastructure-level IT workers in midsize enterprises, while the greatest increases in compensation are among IT executives in large (1.40 percent to $140,550) and midsize (0.98 percent to $128,464) companies.

Mean compensation for CIOs remains unchanged, averaging just over $170,000.

Workers in the areas of e-commerce, voice/wireless communication, object programming, data security and warehousing are in greatest demand across the board.

Hiring is on the rise for IT execs at midsize companies, or those with $100 to $499 million in revenue.

Specific increased demand in moderately sized companies was seen for Web analysts, managers and vice presidents of technical sales and change control supervisors.

Among the largest enterprises, those with over $500 million in revenue, the survey showed an increased demand for CSOs (Chief Security Officers), mangers of voice and data communications and production control specialists and analysts.

Midsize companies evidenced a reduced need for project managers that specialize in network technical sales, managers of data warehouses, systems analysts and IT planning analysts.

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Among large companies, demand for managers of network services, training and documentation and production support, vice presidents of information services and database specialists were in decline.

The Janco report finds that individuals who had intended to retire in 2003 and 2004 but had not recovered from the shrinking of their retirement portfolios continue to defer retirement.

Their focus, according to the study, is now more on staying employed versus looking for increases in compensation.

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