Salary Survey Methodology
The IT Salary survey is based
on the Janco Associates,
Inc. IT Professionals compensation database, and compensation benchmark ranges are established for each
normalized job position. In analyzing the study data, the upper
and lower quartiles are eliminated to determine Benchmark Ranges.
The benchmark ranges are then used to assess the alignment of a
company's actual compensation to the marketplace for each job function.
The results can be assessed using the following guidelines.
Below Benchmark Range -
Highly impacted by forces of the marketplace
Within Benchmark Range - Subject to the normal forces
of the marketplace for similar job functions and
responsibilities.
Above Benchmark Range - Not subject to the forces of
the marketplace
The Benchmark represents our
assessment of the compensation level required for organizations
to remain competitive and minimize the risk of losing employees
to other organizations.
Reviews were conducted from the
standpoint of a comparison o base salary and, when appropriate,
from the additional standpoint of total compensation.
Total compensation is determined by adding the budgetary bonus
amounts and an equivalent cash value for above-standard
compensation to an individual's base salary.
The compensation Study data was
divided into two categories. Large companies are companies
whose gross revenues are equal to or greater than $500MM.
Mid-sized companies are companies whose gross revenues are less
than $500MM.
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