Salaries are up less than 1% for IT pros in the past 12 months and the only winners are the top level postions in mid-sized companies. Salaries for most IT pros have finally gotten back to the level they were at in 2007 and that is a very good sign.
The seven major findings of the survey are:
-- IT
compensation for all IT Professionals has increased by 0.67% in the last 12
months.
-- CIOs
compensation has stayed flat in larger companies and increased in smaller and
mid-sized companies in the past 12 months.
-- Positions
in highest demand are all associated with the quality control, BYOD
implementation, and service level improvement.
-- Over
the long term IT executives have fared better in mid-sized companies than large
companies.
-- In
2013 the IT job market grew by 74,900 versus 62,500 in 2012 according to the
Bureau of Labor Statistics (BLS) – better but not enough to employee the number
of IT graduates from US universities or to increase demand.
-- Lay-offs
seem to have tapered off, however some companies continue to cut the size of
the IT organizations.
-- Cost
control is still the rule of the day; however we have seen an increase in the
number of "part-timers" and contractors who are focused on particular
critical projects. This has resulted in few IT Pros getting health
coverage
-- On
shore outsourcing has peaked and companies are looking to bring IT operations
back into their direct control and reduce operating costs.
-- Mandated
requirements for records management systems and electronic medical records have
increased the demand for quality control staff and custodians (librarians) of
mechanized records.
-- Companies
are continuing to refine the benefits provided to full time IT professionals.
Though benefits such as health care are available to 80%, IT professionals are
now paying a greater portion of that cost.
More info on service, support and IT can be found at www.SupportIndustry.com
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