If you are an IT executive, chances are you received a bigger raise than your staff at the end of 2007. IT executives received an average raise of 4.7% this year, while IT managers and professionals received 4 percent raises – a few tenths of a percent below the rate of inflation. (The consumer price index rose 4.3% in November 2007 from the previous year.) The gap is smallest at companies below $100 million.
less $1
than $100 to billion
AVERAGE RAISES $100 $999 or
DECEMBER 2007 total million million more
IT executives (directors 4.7% 4.4% 5.0% 4.7%
and higher)
Project managers 4.0% 4.3% 4.0% 3.8%
Other IT managers 4.0% 4.1% 4.1% 3.9%
(supervisors and managers)
Non-managerial technical 3.9% 4.1% 3.9% 3.7%
professionals
Source: Ziff Davis