Salary Survey: High Times For IT Pros - InformationWeek

InformationWeek is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them.Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

IoT
IoT
News

Salary Survey: High Times For IT Pros

There's nothing like a good, old-fashioned labor shortage to fatten one's paycheck, and the current tight IT job market is no exception. InformationWeek's annual IT salary survey found that 45% of staff and 54% of managers are satisfied or very satisfied with their pay. While the survey paints a predominantly rosy picture, there are issues that employers still need to address.

First, the good news: Out of 16,900 respondents, more than half of IT staffers say they're satisfied or very satisfied with their jobs; almost two-thirds of managers feel the same way. And why shouldn't they be satisfied? It's a great time to be in IT. Information technology is more important than ever to the success of almost any business, and demand for the people who can design, operate, and manage IT continues to drive up salaries.

It doesn't hurt that "IT professionals are no longer pigeonholed; they're in business as well as technology," says Cleve Rowley, a partner at recruiting firm Matteson Partners.com in Atlanta. "I'm recruiting for the CIO position of a large telecom firm, and a key part of that job is to be part of the strategic-management team."

On the flip side, a quarter of staff respondents and almost a fifth of managers are dissatisfied with their pay. Also unsettling is a drop in respondents this year who said they're satisfied or very satisfied with all aspects of their jobs. The percentage of those saying that dropped eight points for both staff and managers, to 66% and 73%, respectively, since last year's survey.

Observers say declining satisfaction rates and pay dissatisfaction among the minority of respondents could boil down to the strong economy and a very low IT unemployment rate. The result could be longer work hours combined with greatly accelerated development cycles. Meanwhile, reports of workers who strike it rich at dot- com startups can breed resentment among IT workers at more traditional companies.

We welcome your comments on this topic on our social media channels, or [contact us directly] with questions about the site.
Comment  | 
Print  | 
More Insights
2021 State of ITOps and SecOps Report
2021 State of ITOps and SecOps Report
This new report from InformationWeek explores what we've learned over the past year, critical trends around ITOps and SecOps, and where leaders are focusing their time and efforts to support a growing digital economy. Download it today!
InformationWeek Is Getting an Upgrade!

Find out more about our plans to improve the look, functionality, and performance of the InformationWeek site in the coming months.

News
Remote Work Tops SF, NYC for Most High-Paying Job Openings
Jessica Davis, Senior Editor, Enterprise Apps,  7/20/2021
Slideshows
Blockchain Gets Real Across Industries
Lisa Morgan, Freelance Writer,  7/22/2021
Commentary
Seeking a Competitive Edge vs. Chasing Savings in the Cloud
Joao-Pierre S. Ruth, Senior Writer,  7/19/2021
Register for InformationWeek Newsletters
Video
Current Issue
Monitoring Critical Cloud Workloads Report
In this report, our experts will discuss how to advance your ability to monitor critical workloads as they move about the various cloud platforms in your company.
White Papers
Slideshows
Twitter Feed
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.
Sponsored Video
Flash Poll