Biggest IT Paychecks: Wall Street And San Francisco - InformationWeek
IoT
IoT
Healthcare // Analytics
News
4/11/2012
05:55 PM
Connect Directly
Google+
LinkedIn
Twitter
RSS
E-Mail
50%
50%

Biggest IT Paychecks: Wall Street And San Francisco

InformationWeek's U.S. Salary Survey details the effect industry and location have on IT salaries.

Among industries, Wall Street IT compensation sits even more firmly on top than in recent years. Median manager compensation in the securities and investments sector comes in at $175,000, 20% of it from bonuses, and a typical IT staffer in that sector makes $112,000. Biotech managers, who briefly held the No. 1 IT compensation spot in 2009 while banking took its one-year bonus breather, now typically pull in 18% less than securities and investment managers. (Biotech's now No. 3, at $142,000.) IT pros in state and local government, nonprofits, and education get paid the least. The median federal government IT staffer makes 33% more than a state staffer, ranking 10th out of 29 industries.

San Francisco reigns as the highest-paying city, with median IT manager pay of $134,000 and staff pay of $111,000. Despite the high price, the city's talent pool still draws new employers--the likes of General Electric and Ford opened software development centers there in the past year.

The money flows around our nation's capital in good times and bad. In 2010, Washington was the only city among 13 where IT pros received median raises. As the economy recovers, it's tied for No. 1 in size of raise (1.6%), No. 2 in staff pay ($108,000), and tied with New York for No. 2 in manager pay ($130,000).

In hard-hit Detroit, there are signs of growth. Its median IT manager pay of $113,000 puts it ninth on our list of cities, up from last in 2010, when pay was at $104,000. Detroit's median IT staff pay, which in 2010 was 7% lower than any in other city, is now at $85,000, on par with Minneapolis and close to Dallas and Chicago.

Go to the main story:
IT Salaries 2012: $90,000, 1% Raise Typical

Comment  | 
Print  | 
More Insights
Comments
Threaded  |  Newest First  |  Oldest First
How Enterprises Are Attacking the IT Security Enterprise
How Enterprises Are Attacking the IT Security Enterprise
To learn more about what organizations are doing to tackle attacks and threats we surveyed a group of 300 IT and infosec professionals to find out what their biggest IT security challenges are and what they're doing to defend against today's threats. Download the report to see what they're saying.
Register for InformationWeek Newsletters
White Papers
Current Issue
Top IT Trends to Watch in Financial Services
IT pros at banks, investment houses, insurance companies, and other financial services organizations are focused on a range of issues, from peer-to-peer lending to cybersecurity to performance, agility, and compliance. It all matters.
Video
Slideshows
Twitter Feed
InformationWeek Radio
Archived InformationWeek Radio
Join us for a roundup of the top stories on InformationWeek.com for the week of November 6, 2016. We'll be talking with the InformationWeek.com editors and correspondents who brought you the top stories of the week to get the "story behind the story."
Sponsored Live Streaming Video
Everything You've Been Told About Mobility Is Wrong
Attend this video symposium with Sean Wisdom, Global Director of Mobility Solutions, and learn about how you can harness powerful new products to mobilize your business potential.
Flash Poll