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By Dennis McCafferty on 2011-01-21
CIOs and other IT executives have a reason to be optimistic in 2011, according to a new salary survey released by Janco and eJobDescription.com. Overall, compensation levels are on the increase from 2009 and salaries are returning to levels not seen since before the Great Recession. Another encouraging sign: The number of part-timers and contractors getting hired for critical projects is increasing, which is an omen that IT hiring and salaries will continue to climb. Janco CEO Victor Janulaitis says the survey results indicate that the bad times have “bottomed out” for CIOs and other IT professionals. But organizations will still remain cautious for now when it comes to overall budgeting. “There still are a number of companies who concerned that the recovery will not be strong enough to support increased IT spending,” Janulaitis says. “Cost reduction is still the rule of the day.” Another key finding: IT professionals are getting bonuses more so for positive impact they've made on the enterprise, versus the accomplishment of individually focused goals. "This shift in bonuses a push to motivate employees to improve the company's bottom line over and above everything else,” Janulaitis says. Executives from more than 980 organizations took part in the survey. Here are selected highlights:
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$77,873$77,873 is the overall projected compensation for all IT professionals in 2011, up from $77,604 in 2010.
$184,681$184,681 is the anticipated mean compensation for CIOs in 2011, up from $181,240 in 2008.
$146,512$146,512 is the forecasted mean compensation for VP-level IT security executives, up from $145,563 in 2008.
$131,116$131,116 is the projected mean compensation for VP-level IT consulting services execs, down from $132,946 in 2008.
$134,617$134,617 is the anticipated mean compensation for VP-level IT information services execs, up from $133,276 in 2008.
$141,853$141,853 is the forecasted mean compensation for VP-level IT technical services execs, up from $140,308 in 2008.
$126,315$126,315 is the projected mean compensation for directors of IT planning, up from $125,184 in 2008.
$130,449$130,449 is the anticipated mean compensation for directors of production/data center operations, down from $131,138 in 2008.
$143,170$143,170 is the forecasted mean compensation for directors of systems and programming, up from $142,267 in 2008.
$140,960$140,960 is the mean compensation (with bonuses) for all IT executive positions in large enterprises for 2011, up from $140,267 in 2010.
$123,378$123,378 is the mean compensation for IT executive positions in mid-sized enterprises, up slightly from $123,301 in 2010.
5 percentThere was a 5 percent decrease in the number of employees receiving personal performance bonuses in the most recent year – but there was also a 5 percent increase in those receiving enterprise-based performance bonuses.
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