How much are you paying your IT employees? If you're like the majority of CIOs nationwide, it's not much more than you were paying at this time last year. Because of a continued, cautious outlook due to the recent recession, compensation levels remain fairly static. And, unfortunately, this same trend applies to the amount of money that companies are willing to pay CIOs, according to the 2011 IT Salary Survey from Janco Associates. According to Janco, organizations are looking to keep costs down by increasing the number of part-time and contract employees they use. They're also asking IT professionals to pay a growing share of health-care benefits. However, on the positive side, managers are more willing now to play the "How can I pay you without paying you?" game. That means they're more receptive to concepts such as flexible hours and customized work schedules. More than 980 executives took part in the survey, conducted in partnership with eJobDescription.com. Here are eight highlights:
$77,873 is the total mean compensation for all IT professionals in 2011 - returning salaries to levels seen in January 2008.
This article was originally published on 05-24-2011