IT Management Slideshow: IT Executive Salaries: Who's Cashing In?
By Brian P. Watson | Posted 10-05-2011
For those IT executives out there who have seen a noticeable increase in their paychecks, congratulations! Sadly-but not surprisingly-you're among the lucky few. According to the 2011 Mid-Year IT Salary Survey from IT management consulting firm Janco Associates, pay for most high-level IT leadership positions remained flat between June 2010 and June 2011. CIOs for large companies (at least $500 million in annual gross revenue, by Janco's distinction) actually saw a 2 percent increase in total compensation, compared with the same period a year ago. But five of their top deputies experienced pay cuts, and of the three getting a raise, only one topped 1 percent (and barely, at that). CIOs at medium-sized companies (less than $500 million in annual gross revenue) took a minor hit in total compensation, while most of their deputies got a bump. VPs of Technical Services and VP/CSO received the most handsome raises at mid-tier companies, according to the study. Take heart, IT leaders. Good times are coming backâ¦at least, they should be, at some point.