IT Salaries 2012: $90,000, 1% Raise Typical - InformationWeek
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IT Salaries 2012: $90,000, 1% Raise Typical
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Certifiable
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Certifiable,
User Rank: Apprentice
4/18/2012 | 9:32:38 PM
re: IT Salaries 2012: $90,000, 1% Raise Typical
So IT industry lobbyists go crying to Congress complaining about "IT skill shortages" and how this requires an increase in the H1B quotas. The only logical economic consequence to an industrywide skills shortage is that salaries for those very same skills should be increasing faster than the cost for a barrel of oil. Yet strangely, as the title in this article declares, the typical raise is only 1%. Such anemic raises point to an ample supply of employees and relevant skill sets and not a shortage, as lobbyists would have you believe.
ChrisMurphy
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ChrisMurphy,
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4/17/2012 | 2:16:54 PM
re: IT Salaries 2012: $90,000, 1% Raise Typical
A breakdown by 13 metro areas is in the full report, which you can get to through the box at the bottom of the article or the link below. People in the greater NY metro area report base salary raises pretty much exactly in line with the national median -- .7% for staff and 1.8% for managers. (We don't break out total compensation raises by geography, only base salary.) So salaries are only inching up, meager raises are the rule.

http://reports.informationweek...
Andrew Hornback
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Andrew Hornback,
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4/17/2012 | 1:33:33 AM
re: IT Salaries 2012: $90,000, 1% Raise Typical
I'd really like to see a geographical breakdown of these numbers - it doesn't seem, from my personal experience, that salaries are going up in the NYC metro area, at least not that I've seen. I've heard of and gotten more "low ball" offers in the past 18 months than I really care to remember, and it simply seems to be getting worse.

Andrew Hornback
InformationWeek Contributor


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