January 18, 1999
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emember when your high school guidance counselor
told you computer science was a good field to get into? If you went on to become a database,
network, or system administrator, maybe you should send a thank-you card--or better yet, how
about a $100 bill?
Life is pretty good these days for IT administrators, according to an InformationWeek
Research survey of more than 3,400 of these professionals. Salaries are rising sharply, benefits
are generous, and jobs are more secure. Moreover, IT administrators are in greater demand by
technology-hungry companies serving up a full menu of extras: fat signing bonuses, accelerated
pay increases, and a steady diet of training. "For these hot skills, I don't know that I've ever seen
anything like this," says Boyd Haigler, CIO of Arco, the Los Angeles oil company with more than
800 technology professionals in a dozen countries.
That financial muscle is usually in the form of a pile of stock options, made sweeter by the
chance to have a greater impact on the strategic direction of the company's technology
operations. That's particularly true at smaller companies, where part of the allure is the
once-in-a-lifetime opportunity to work for a company that goes public. But there's a trade-off:
Smaller companies usually offer smaller salaries. Even so, the promise of a big payday in
company equity and the opportunity to work in an entrepreneurial environment make it an easier
sell for all parties involved. Arco's Haigler concedes, "We can pretty much meet base pay on the
market, but as far as the equity side, we don't have that kind of flexibility."