Monday, February 15, 2010

IT workers seeing meager 1.8% pay raise in 2010

Over at Computer Economics, we've just released our new 2010 IT Salary Report. Bottom line: salaries at the median are increasing but not by much:
During two years of turmoil, the great recession of 2008-2009 brought budget cutting and layoffs across most IT organizations, large and small. But the picture is brightening for IT workers, and our 2010 IT Salary Report finds that IT organizations are budgeting to give the typical IT worker a 1.8% boost in pay.

By historical standards, the 1.8% median pay raise is meager....But in light of still-high unemployment rates, the finding indicates IT executives are responding to the need to retain their best workers and boost damaged morale.
The first chapter goes on to describe pay raises by job classification. Interestingly, workers at the bottom rungs are actually getting higher pay raises than IT executives and managers this year.

The full study provides 2010 total compensation ranges for 70 specific IT job positions in 73 U.S. metropolitan areas. Salary ranges are further broken down by organizational size for each job position within each metropolitan area. To aid in analysis, all salary statistics are provided at the 25th percentile, median, and 75th percentile.

You can download the entire first chapter and a sample of the salary data presented for one of the positions at no charge.

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