CIO Salaries on a 6-Year Rise
By Brian P. Watson | Posted 04-15-2008CIO Salaries on a 6-Year Rise
CIOs can't get any respect? Well, maybe not in the front office, but their paychecks tell a different story.
Annual compensation for IT leaders has risen 27 percent in the past six years, according to CIO Insight's annual surveys. Total compensation--base salary plus bonuses--also rose steadily in those years, except between 2003 and 2004, where lower additional compensation dragged the totals down by less than $1,000.
The biggest boost in base salary came between 2005 and 2006, when pay jumped 10 percent from $140,200 to $154,602.
CIO Salaries on a 6-Year Rise
pagebreak title = 'Raw Data'}
Raw data:
|
CIO Pay: Six Years of Raises |
||||||
|
2003 |
2004 |
2005 |
2006 |
2007 |
2008 | |
|
Annual base compensation (means) |
$134,181 |
$137,793 |
$140,200 |
$154.602 |
$161,433 |
$170,338 |
|
Bonus or additional compensation (means) |
$33,061 |
$28,283 |
$31,178 |
$30,523 |
$42,886 |
$40,722 |
|
Total compensation (means)* |
$167,242 |
$166,076 |
$171,378 |
$185,125 |
$204,319 |
$211,060 |
|
*Based on average annual base compensation and previous years' bonus or additional compensation | ||||||
|
Base: N≥266 CIOs |
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See also: Better Ways to Earn a Higher Salary
CIO Insight Research: CIOs, You've Got Clout!
