IT workers are making a very tiny amount more money -- and remain vulnerable to layoffs
IT salaries are inching up, but the top brass gets more - Good news, IT workers! According to Janco Associates' midyear IT salary survey, some IT workers' salaries have inched up over the past year.
In large enterprises (companies with revenues of more than $500 million annually):
- Executives are now making, on average, $143,378: 0.32 percent more than before.
- Middle managers are now making, on average, $79,924: 0.88 percent more than before.
- Staff members are now making, on average, $66,230: 0.40 percent more than before.
Enjoy that median 0.53 percent rise in salary, large-enterprise workers!
In midsize enterprises (companies with revenues of less than $500 million annually):
- Executives are now making, on average, $125,079: 0.76 percent less than before.
- Middle managers are now making, on average, $73,217: 1.07 percent more than before.
- Staff members are now making, on average, $61,047: 1.27 percent more than before.
And you folks enjoy that 0.53 percent rise in salary.
It's good to be a CIO: In large enterprises, they pull down an average $181,533 (an increase of 7.52 percent), and in midsize enterprises, they're making $169,303 (a 3.73 percent rise).
However, it's not so good to be middle management and IT support staff -- these are the categories of employees still most vulnerable to layoffs. The support-staff layoff trend is baffling, as the survey also reported that desktop support is among the skills in demand among IT professionals, especially in standardization and change management. Also on employers' most-wanted lists: virtualization applications and management, wireless and cloud network administration, Web 2.0 app dev, and mandated compliance issues relating to security.
A recent Dice.com survey backed up the notion that IT workers will be making a break for the doors -- 44 percent of Dice.com's survey correspondents expect to see their staff resignations shoot up this year. On the bright side: Maybe they're heading to higher salaries.
NOTE: the table below is updated automatically with the latest IT salaries when a new salary survey is published. That happens every January and June. The historical data is available.
Latest Median IT Salaries
For the latest data go to the current IT Salary Survey
(Data below was added after this was initially published)
Lastest IT Job Market Size
Data below depicts the historical number of IT Job in four major BLS job classes: Telecommunication; Data Processing, Hosting and Related Services; Other Information Services; and Computer Systems Design and Related Services. It reflects the historical total of the number of IT jobs available to IT professionals.
Historic IT Job Market Size
This is not the original data that was published. It has been updated
with data complied by Janco Associates as of August 2020
For current information on the IT Job Market review Janco's IT Job Market and US National Employment data.