2021 IT (Mid-Year) Salary Survey by company size and metro area
Salaries are up and and CIOs are now hiring new em
IT compensation and hiring stalls according to the latest IT Salary Survey by Janco and eJobDescription.com
In January Mean Compensation for all IT Pros was up only 0.08% - After the shutdowns salaries were flat as demand for IT Pros ground to a halt
Mid-Year 2021 IT Salary Survey by company size and metro area. Janco and eJobDescription.com has conducted salary surveys of the IT Job market over 30 years. The data from this survey has been published in the Computer Industry Almanac, the Wall Street Journal, the New York Times, eWeek, and many other business and industry publications. In addition, over the years it has been featured on CNN, the Wall Street Journal, and several national and international television and multi-media outlets.
IT Salaries were on the rise. More companies were investing in information technology. The emphasis over the past several years is in both e-commerce and mobile computing. At the same time with the ever-increasing cyber attacks and data breaches, CIO are looking to harden their sites and lock down data access so that they can protect all of their electronic assets.
Added to that in an ever-increasing array of mandated requirements from the EU with GPDR and US federal and state requirements to protect individual users' privacy. All of these factors increase demand for experienced IT Pros and salaries they are paid.
The salary survey is updated twice a year; once in January and then again in July. Janco and eJobDescription.com not only look at base salaries, they also report on total compensation. How survey is conducted is described here.
You can get a free copy of the full survey if you provide 10 valid data points and use a corporate e-mail address. Free e-mail accounts like gmail or yahoo do not qualify as we have no way to verify the accuracy of the data provided.
Top Paying IT Positions
Large enterprises tend to compensate IT Professionals more than SMBs. The top 10 paying jobs are shown in the chart below.
Salary Survey Summary
Are you paying too much or too little to your IT staff? Do you have IT job descriptions? Are you earning what you're worth? Whether employer or employee, it is important to know what other companies are paying in total compensation for a similar position in your area. Learn how your company compares in the area of compensation. Data is as of June 2021.
- IT job market recovery drives salaries up for IT Pros.
- The greatest increases in compensation are in the executive management positions of large enterprises.
- Salary increases exceed the rate of inflation for the first half of 2021.
- Over 50K jobs added to the IT job market in the first half of 2021.
- As more states re-open the demand for IT Pros will increase and put pressure on enterprises to offer higher salaries for skilled and experienced IT Pros
- Between January 2021 and June 2021, the total mean compensation for all IT Professionals increased from $94,609 to $95,628 or 1.08%.
- Compensation increases have not yet reached the lower staff levels of the IT function.
- Recruiting and hiring activities are on the rise for most IT positions.
- Consultants who augment IT Staff have started to be re-hired
- Demand has remained highest for IT professionals who support Work From Home (WFH) and e-commerce.
If you do not want to purchase the full salary study, you can get just the data (as of January) for a particular city for a fraction of the cost of the full study.
IT Positions in Demand
Hiring prospects are looking good for IT Professionals. Many enterprises are looking expand the size of the IT function as the economy continues to recover and application development increases along with the use of contractors and consultants.
Current IT Hiring Plans
Even though many SMBs have closed their doors permanently resulting in a net loss in the number of IT professionals working, the employment picture for IT Pros is brightening as more enterprises get back to normal operations.
Based on Janco's interviews and survey data the following positions are in high demand.
Updated with the latest IT Salary Survey Data see IT Salary Survey post pandemic
Fringe Benefits for IT Professionals
Companies have started to adjust the fringe benefits provided to IT Professionals. A full historical comparison of trends in benefits is included with the full version of the Janco IT Salary Survey.
Fringe Benefit Historical Trends
Top Paid CIOs
The top compensation for highest paid CIO is over $21 million and that is for Michael Schroepfer at Facebook. Most of his compensation is tied directly to the stock of his company. From public data we have found that there at least 25 CIOs who's compensation $2 million and above.
The average total compensation for the top 36 highest paid CIO for the year ending 12/31/2021 was $3,600,000 with a base salary average of $510,417. The balance of compensation came from bonus, stock, options, and pension programs.
IT Job Market Size
The IT job market now includes 3.5 million individuals. These are all high salary positions and critical to US economy.
Updated with Latest Data - Includes impact of recovery from reopening
Historic IT Job Market Size
Data complied by Janco Associates with data as of June 2021