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Careers Slideshow:
State of the CIO Survey

By Dennis McCafferty on 2010-06-02


Pay freezes and budget cuts have been economic survival realities for CIOs, according to revealing survey from PA Consulting Group and Harvey Nash.

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Over 60 percent of CIOs have experienced a salary freeze since the recession started.

One in ten CIOs suffered a pay cut.

59 percent believe pay raises should be restrained until the economy stabilizes.

72 percent say they'd consider cutting or freezing their own salary to improve the financial stability of their organization.

Nations With Rich CIO salaries

Germany ($175,000 annual average) and the U.S. ($164,000).

Nations Where CIOs Make Less

Belgium ($118,000) and Ireland ($130,000).

74 percent of CIOs have been asked to cut costs to ensure organizational survival.

75 percent have been asked to increase operational efficiency to deal with recession.

55 percent aren't setting innovation targets.

76 percent are satisfied with their jobs, down 4 percent from the previous survey.

87 percent of CIOs will maintain or increase investment in outsourcing projects, up 11 percent from last year.

Top outsourced functions

Software application development (62 percent), software application maintenance and IT infrastructure (both 53 percent).

71 percent of CIOs foresee a greater role in organizational strategy this year.

81 percent see communications/influencing as the most important skillset for a CIO.

Other top skills

Leadership, strategy, planning.

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