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IT Salaries: Looking For Love
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Joe Stanganelli
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Joe Stanganelli,
User Rank: Ninja
7/5/2014 | 1:57:46 AM
On the bright side...
I think it's important to note the flip-side of the coin: that most people have a positive outlook on their salary situation -- i.e., that they're either compensated adequately or more-than-adequately, or that they can do better.  Only 16.5% of respondents felt unsatisfied but hopeless.

Of course, that's still a significantly high number -- even if a distinct minority.
Susan_Nunziata
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Susan_Nunziata,
User Rank: Strategist
7/2/2014 | 3:12:49 PM
Re: Bonus
@PaulS681: Glad to hear from a satisfied person on this topic. In my experience, the bonus thing really depends on how the terms of the bonus are put forth. I've had too many promised bonuses go up in smoke after I was hired, generally because the companies claimed financial hardship. when I've worked at places where the bonus schemes were rock-solid, I was quite happy to receive the extra amount, even though the cut Uncle Sam takes does hurt.

In your case, did you have to negotiate for a bonus, or was it something your company offered at the outset? 

+ what advice do you have for others who are looking to improve their salary situation?
cafzali
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cafzali,
User Rank: Moderator
7/1/2014 | 12:24:02 PM
Re: sadly, this tracks all industries too
@Susan It's hard to say, even within IT, because all jobs aren't equal in any given sector. And within job types, you have certain industries that always pay better for the same skillset than others. But generally speaking, I'd say IT is weathering that storm better than lots of other industries, due in large part to an increase in dependence on IT products and services, as well as the development of specializations in response to certain trends. 

To me, the best defense is to do the best job we can at managing things that are at least to a degree in our control. In my mind, that means we've got to continue getting a handle on certain types of escalating costs that are impacting everyone. 

No one can say for sure what will happen, but it's theoretically possible that people who've been working for a decade or two already may never see a phenomenon like the 1990s again in our careers.
Li Tan
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Li Tan,
User Rank: Ninja
7/1/2014 | 9:19:18 AM
Re: sadly, this tracks all industries too
I agree - this holds true for all industries. When doing salary review/survey, nobody will say that the salary is high enough. When you get a raise, you tend to ask more sooner or later. It's good to know that IT salary rose in the past decade. Recently the economy is getting a little bit better. So all IT folks look forward to even further increase.:-)
Technocrati
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Technocrati,
User Rank: Ninja
6/30/2014 | 10:53:34 PM
You Don't Know Lucky

" Of course, we can't discount the lucky 18% of you who said you're making WAY more than the work you're doing is worth..... "

 

What a problem to have.   What they didn't say it was a problem ?    Then make it 19 %

 Count me in ....   : )   Now this is something to aspire too.

mejiac
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mejiac,
User Rank: Ninja
6/30/2014 | 10:51:26 PM
Re: sadly, this tracks all industries too
@susan One aspect of IT that I absolutely love is that the skilled set can cross oceans and boarders easily, so a developer from Asia can work for a Canadian company as long as they understand the standards and are able to follow technical documents in whatever language it was drafted.
Technocrati
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Technocrati,
User Rank: Ninja
6/30/2014 | 10:49:24 PM
The Fair Market Value of IT

I am really glad to learn that IT salaries on the whole have risen significantly during the past decade.  Thank you Susan for the information, always good to know what your skills are actually worth in the marketplace.

mejiac
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mejiac,
User Rank: Ninja
6/30/2014 | 10:47:43 PM
Re: sadly, this tracks all industries too
@Susan, i can safely assume that IT is doing better than most industries. Looking at employees in similar position in other companies, a junior developer is better paid than there counter in say a marketing company. And the career potential is truly unlimited, since it can go so many ways
mejiac
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mejiac,
User Rank: Ninja
6/30/2014 | 10:47:22 PM
Re: sadly, this tracks all industries too
@Susan, i can safely assume that IT is doing better than most industries. Looking at employees in similar position in other companies, a junior developer is better paid than there counter in say a marketing company. And the career potential is truly unlimited, since it can go so many ways
mejiac
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mejiac,
User Rank: Ninja
6/30/2014 | 10:42:14 PM
Re: Bonus
@pauls681, I would agree with you. I'm currently very content with what I'm making, and also share the notion that my compensation exceeds my current effort, but who's complaining :)
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