IT 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.
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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.
Janco IT Salary NewCyber criminals are hiringThe people who brought the world malicious software that steals credit card numbers from your personal computer and empties bank ATMs of their cash are hiring, and they're advertising online. What they are seeking is people who are willing to take malicious code they provide and link it to something that people will click on -- like a picture of Britney Spears getting out of her car. These people then collect a fee for each 1,000 times that the malware is downloaded. One site pays $180 for each 1,000 times that malware is downloaded onto a U.S. computer but less for computers elsewhere. It refuses to pay for any downloads to Russian computers, causing Stevens and others to strongly suspect that it, like other similar sites, are based in Russia. "We pay your wages via the following systems: Fethard, WebMoney, Wire, e-gold, Western Union (WU), MoneyGram, Anelik and ePassporte, and PayPal," according to the website. It is impossible to know how many computers were infected via these companies but put the number in the millions. It's hard to separate theft arising from these web sites from other sorts of Internet crime but the FBI tallied $264 million in losses from Internet crime reported by individuals in 2008. The report for 2009 has yet to be released. The cybercrime problem has become worse over the past three years as consumers and companies alike increasingly expose valuable data such as business plans, credit card numbers, banking information and Social Security numbers on the Internet. "There are hundreds of billions of dollars that traverse the Internet," the assistant director for the Federal Bureau of Investigation's Cyber Division, told Reuters late last year. "It's (the problem) absolutely gotten bigger, yes, absolutely." - more infoOutsourcing impacts on certain IT jobsA survey by a buisess shcool shows that 40% of high-technology firms offshore work, and about 30% of all firms that offshore send IT work overseas. Among the IT workers surveyed, about 8% report ever having experienced offshoring-related job displacement, double the average offshoring-related displacement rate across all other worker types, but still implying an annual offshoring-related displacement rate of only about 1-2% per year. The study also showed that workers in jobs that require face-to-face contact or physical presence are at smaller risk of offshoring-related job displacement, implying that interpersonal skills are becoming relatively more valuable among IT workers. Other findings imply that IT workers in functions that involve cross-divisional communication or hands-on support are less likely to be affected by offshoring. - more infoLeadership drives success and hiringLeadership is an important element of organizational success. So, it is not surprising that many companies look for ways to extend the benefits of leadership development to more employees. Technology-based learning approaches such as online courses, books and video programs can be used effectively to develop employees at all levels. Internet Position Descriptions HandiGuide®231 Job Descriptions and Organization ChartsThe job descriptions contained within the Internet and Information Technology Position Descriptions HandiGuide® are all in a standard format and are available as in PDF, WORD 2003, and WORD 2007 formats. All of the job descriptions were reviewed and updated to comply with Sarbanes-Oxley and the ISO 27000 security standard. The latest version of the HandiGuide was completed in 2010 and is over 650 pages in length. The Internet and IT Position Descriptions HandiGuide includes sample organization charts, a job progression matrix, and the 231 job descriptions. - more infoMany IT Professional Unhappy with CompensationNational averages for technology salaries are pretty stagnant, a recent Dice report shows, and there are high levels of job dissatisfaction. However, there is more growth in wages regionally, with high technology demand in Washington, New York, Silicon Valley and Austin, Texas. Salaries for U.S. technology professionals rose a measly 1 percent in 2009 to an average of $78,845, well below the annual inflation rate of 2.7 percent for the year, according to a recent survey by technology job board Dice. Furthermore, the lack of wage growth fills technology professionals with a high level of job dissatisfaction. Nearly half (47 percent) of the 16,908 online participants polled between August and December said their current employers are doing "nothing to keep them motivated," while only 19 percent were being offered challenging work. Responses about bonuses for 2009 were uninspiring too: Only 24 percent of technology professionals polled received bonuses last year. With job and salary dissatisfaction at its highest levels in years, technology professionals should be willing to go fight for career advancement. HR and technology managers can win by identifying new motivators to keep staff on board, including compensation, training and career growth. Of those tech workers who did not receive bonuses, 42 percent responded that they were displeased with their compensation. Of those who did receive bonuses in 2009, only 27 percent were displeased. The new war for technology talent is coming and the battle is retention. When you look at salary averages regionally in the Dice survey, you begin to see some ripples of growth. Washington had an average salary of $89,014, up 4 percent from the previous year, with technology jobs in defense and for the federal government. Silicon Valley, despite a tough year of layoffs, is still showing an average salary of $96,299 while New York showed a 1.5 percent increase with an average of $86,710. Texas was faring better too, with Dallas seeing a 2 percent gain and Austin having higher average paychecks. So who is drawing the best salaries in IT right now? Think application developers and SOA (service-oriented architecture) specialists. Continuing to lead the pack in top paid skills is ABAP - Advanced Business Application Programming ($115,916), followed by SOA - Service Oriented Architecture ($107,827), and ETL - Extract Transform and Load ($105,844)," the survey said. These frontrunners were followed by a few newcomers and some solid technology job stalwarts: Applications server skills JBoss and WebLogic joined the $100,000 salary ranks with annual salaries topping $101,869 and $100,313, respectively. Individuals with Solaris ($96,672) and AIX ($95,464) skills were the highest-paid [of those with] operating system skills. The [areas with the] highest paid titles include IT Management ($114,874), Information Architecture ($105,247), Project Manager ($103,437), Software Engineer ($91,342) and Database Administrator ($91,283).
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