Press Release - June 7, 2005

Median Compensation For IT Executives Is Reported At $140,760 In Janco Salary Survey

Park City, UT – Median Compensation for IT Executives in large enterprises is reported at $140,760 in the Janco 2005 mid-year IT Salary Survey.  The survey was released on the Information Technology Productivity Center (ITPC) web site (http://www.itproductivity.org ). 

 The study reports that the median compensation for enterprises with revenues over $500 million for IT middle managers is $76,981 and for technical staff members is $64,247.  For enterprises with revenues of $100 to $500 million total compensation for IT executives is $124,472, middle managers is $75,194 and for technical staff members is $59,574.  The study was conducted in the second quarter of 2005 and more information is available at http://www.itproductivity.org/Salary.htm.  In addition the ITPC provides a free summary copy of the study which can be viewed via the Internet.

 Victor Janulaitis, Janco’s CEO said, “Compensation for IT professionals has increased slightly in the past six months.  Hiring has remained relatively flat, but we are seeing an increase in demand for IT professionals with extensive production and operations experience.” In adding he said, “Janco’s forecast for the next six months for compensation is that it will increase as will hiring demand.”

 The IT Productivity Center is the information portal for business executives who manage the Information Technology function.  Mr. Janulaitis said, “The ITPC portal provides many Information Technology management productivity tools to executives and IT professionals.  The portal has templates and reports covering Sarbanes-Oxley to Information Technology Service Management (ITSM) and Disaster Recovery Planning.”

Survey findings and conclusions include:

• Firefox is challenging Microsoft like no other competitor has done in quite some time.

• Firefox and Mozilla have a combined market share of over 14%.

• Attacks on browsers are moving many users to use the automatic update feature to get the latest browser versions.

• A significant number of users are now looking to solutions other than Microsoft – thus Firefox looks to gain even more market share.