2014 US IT Salary Survey Research Findings © 2014 Property of UBM Tech; All Rights Reserved

Preview:

Citation preview

IT pros’ pay rose modestly in the past year, InformationWeek’s annual US IT Salary Survey reveals. Staffers report a median raise of 1.6% in total compensation from last year, and managers got 2.4%. We also see IT pros getting more secure and confident in their job prospects and the IT career path as the economy and employment picture improve.

InformationWeek’s Salary Survey is based on responses from 5,945 IT staffers and 5,717 IT managers. Other key findings:

>> Faith in IT careers has spiked. For staffers, 48% think the path is more promising than it was five years ago, a 15-point jump from 2011. For managers, 55% think it’s more promising, also a 15-point increase.

>> Different job factors motivate different people. We listed 24 job-satisfaction drivers and asked which seven are most important. No single factor was chosen by half of respondents, showing that there’s no one-size-fits-all approach to keeping employees happy. Staffers cite base pay most often (48%); managers cite having their opinions and knowledge valued (46%).

>> A gender gaps remains. Male staffers make about 16% more in median total compensation than females; male managers make about 11% more.

>> Just one in 10 IT pros feels insecure at work, with the rest saying they feel secure or somewhat secure.

>> Almost one in five (18%) IT pros has had a job benefit cut in the past year, compared with just 6% who had benefits increase. But otherwise, the work picture is positive: 66% got raises, compared with 2% whose pay was cut and 13% whose pay stayed the same.

>> IT managers on Wall Street and in the biotech, energy, consumer goods, financial services, IT and electronics, and consulting industries earn the most, all topping $140,000 in median total compensation. IT managers in education, nonprofits, and state and local government earn the least, at $94,000 median pay or less.

Respondent breakdown: 37% work for organizations with 5,000 or more employees; 22% have over 20,000.

Want more? Visit InformationWeek Reports

Executive Summary

v

Salary growth over time

© 2014 Property of UBM Tech; All Rights Reserved

Compensation growth over time

© 2014 Property of UBM Tech; All Rights Reserved

Salary changes: Staff vs. management

© 2014 Property of UBM Tech; All Rights Reserved

Compensation changes: Staff vs. management

© 2014 Property of UBM Tech; All Rights Reserved

Salary: Male vs. female

© 2014 Property of UBM Tech; All Rights Reserved

Compensation: Male vs. female

© 2014 Property of UBM Tech; All Rights Reserved

Salary changes over time

© 2014 Property of UBM Tech; All Rights Reserved

Contractor/consultant hourly rates

© 2014 Property of UBM Tech; All Rights Reserved

Contractor/consultant salary

© 2014 Property of UBM Tech; All Rights Reserved

Salary changes: Contractors/consultants

© 2014 Property of UBM Tech; All Rights Reserved

Contractor/consultant compensation

© 2014 Property of UBM Tech; All Rights Reserved

Compensation changes: Contractors/consultants

© 2014 Property of UBM Tech; All Rights Reserved

Higher pay: Top contractor/consultant draw

© 2014 Property of UBM Tech; All Rights Reserved

Salary trends by role: Staff

© 2014 Property of UBM Tech; All Rights Reserved

Salary trends by role: Management

© 2014 Property of UBM Tech; All Rights Reserved

Compensation trends by role: Staff

© 2014 Property of UBM Tech; All Rights Reserved

Compensation trends by role: Management

© 2014 Property of UBM Tech; All Rights Reserved

Salary changes by role: Staff

© 2014 Property of UBM Tech; All Rights Reserved

Salary changes by role: Management

© 2014 Property of UBM Tech; All Rights Reserved

Compensation changes by role: Staff

© 2014 Property of UBM Tech; All Rights Reserved

Compensation changes by role: Management

© 2014 Property of UBM Tech; All Rights Reserved

Salary by role: Staff

© 2014 Property of UBM Tech; All Rights Reserved

Salary by role: Management

© 2014 Property of UBM Tech; All Rights Reserved

Compensation by role: Staff

© 2014 Property of UBM Tech; All Rights Reserved

Compensation by role: Management

© 2014 Property of UBM Tech; All Rights Reserved

Salary based on company size

© 2014 Property of UBM Tech; All Rights Reserved

Salary changes over time

© 2014 Property of UBM Tech; All Rights Reserved

Bonuses are the norm

© 2014 Property of UBM Tech; All Rights Reserved

Performance drives bonuses

© 2014 Property of UBM Tech; All Rights Reserved

Non-IT experience: Staff vs. management

© 2014 Property of UBM Tech; All Rights Reserved

Non-IT jobs held

© 2014 Property of UBM Tech; All Rights Reserved

Most focus on IT functions

© 2014 Property of UBM Tech; All Rights Reserved

Staff non-IT duties

© 2014 Property of UBM Tech; All Rights Reserved

Management non-IT duties

© 2014 Property of UBM Tech; All Rights Reserved

Key skills: Staff vs. management

© 2014 Property of UBM Tech; All Rights Reserved

Salary by job market: Staff

© 2014 Property of UBM Tech; All Rights Reserved

Salary change by job market: Staff

© 2014 Property of UBM Tech; All Rights Reserved

Salary by region: Staff

© 2014 Property of UBM Tech; All Rights Reserved

Salary change by region: Staff

© 2014 Property of UBM Tech; All Rights Reserved

Salary by job market: Management

© 2014 Property of UBM Tech; All Rights Reserved

Salary change by job market: Management

© 2014 Property of UBM Tech; All Rights Reserved

Salary by region: Management

© 2014 Property of UBM Tech; All Rights Reserved

Salary change by region: Management

© 2014 Property of UBM Tech; All Rights Reserved

Top perks: Health insurance, 401(k) match

© 2014 Property of UBM Tech; All Rights Reserved

Wanted: Tech-specific training

© 2014 Property of UBM Tech; All Rights Reserved

More than half get company-paid training/certification

© 2014 Property of UBM Tech; All Rights Reserved

Average out-of-pocket training: $1,000

© 2014 Property of UBM Tech; All Rights Reserved

Staff: Base pay is most important

© 2014 Property of UBM Tech; All Rights Reserved

Management: Feeling valued is most important

© 2014 Property of UBM Tech; All Rights Reserved

Priorities: Staff vs. management

© 2014 Property of UBM Tech; All Rights Reserved

18-20 years in IT

© 2014 Property of UBM Tech; All Rights Reserved

7-8 years at present company

© 2014 Property of UBM Tech; All Rights Reserved

Loyalty is the norm

© 2014 Property of UBM Tech; All Rights Reserved

Compensation satisfaction: Staff vs. management

© 2014 Property of UBM Tech; All Rights Reserved

Compensation satisfaction over time: Staff

© 2014 Property of UBM Tech; All Rights Reserved

Compensation satisfaction over time: Management

© 2014 Property of UBM Tech; All Rights Reserved

Overall satisfaction: Fairly steady

© 2014 Property of UBM Tech; All Rights Reserved

Overall satisfaction: Staff

© 2014 Property of UBM Tech; All Rights Reserved

Overall satisfaction: Management

© 2014 Property of UBM Tech; All Rights Reserved

Most find job challenging

© 2014 Property of UBM Tech; All Rights Reserved

Job security: Staff vs. management

© 2014 Property of UBM Tech; All Rights Reserved

Job security over time: Staff

© 2014 Property of UBM Tech; All Rights Reserved

Job security over time: Management

© 2014 Property of UBM Tech; All Rights Reserved

IT as a career: Staff vs. management

© 2014 Property of UBM Tech; All Rights Reserved

IT career trend: Staff

© 2014 Property of UBM Tech; All Rights Reserved

IT career trend: Management

© 2014 Property of UBM Tech; All Rights Reserved

Only 10% say IT is less secure than other careers

© 2014 Property of UBM Tech; All Rights Reserved

Biggest event: Raises

© 2014 Property of UBM Tech; All Rights Reserved

Slim majority outsource IT jobs

© 2014 Property of UBM Tech; All Rights Reserved

Outsourcing hits job availability, morale

© 2014 Property of UBM Tech; All Rights Reserved

Outsourcing affects few personally

© 2014 Property of UBM Tech; All Rights Reserved

Non-citizen employment status

© 2014 Property of UBM Tech; All Rights Reserved

Most aren’t looking for a new job

© 2014 Property of UBM Tech; All Rights Reserved

Job seekers want more money

© 2014 Property of UBM Tech; All Rights Reserved

Job satisfaction matters

© 2014 Property of UBM Tech; All Rights Reserved

Highest degrees

© 2014 Property of UBM Tech; All Rights Reserved

Mostly male

© 2014 Property of UBM Tech; All Rights Reserved

Management trends older through middle age

© 2014 Property of UBM Tech; All Rights Reserved

High-revenue companies dominate survey

© 2014 Property of UBM Tech; All Rights Reserved

Many industries represented

© 2014 Property of UBM Tech; All Rights Reserved

Large companies dominate survey

© 2014 Property of UBM Tech; All Rights Reserved

Earnings by industry: Staff vs. management

© 2014 Property of UBM Tech; All Rights Reserved

Research SynopsisSurvey Name InformationWeek 2014 US IT Salary Survey

Survey Date February 2014

Region United States

Number of Respondents 11,662

Purpose To track IT salary and compensation trends from the perspective of those on the front lines, InformationWeek conducts an annual US IT Salary Survey. Now in its 17th year, it’s the largest employee-based IT salary survey in the country. This year 11,662 full-time IT professionals completed the web-based survey. The goal of this trendable study is to measure various aspects of compensation, benefits, and job satisfaction. This report focuses on the 5,945 IT staff and 5,717 IT managers who participated in the survey.

Methodology The survey was designed by InformationWeek and fielded online. The survey was promoted in InformationWeek’s daily and weekly newsletters. In addition, email invitations with an embedded link to the survey were sent to qualified IT professionals from UBM Tech databases. The survey was fielded from November 2013 to February 2014.

The information in this report is based on responses from 5,945 IT staff and 5,717 IT managers. Unemployed and part-time workers were excluded from these results, as were respondents from outside the United States. This report uses median rather than mean or average figures for salary and percentage changes to eliminate distortions caused by extremes at the high or low ends of the responses.

Want more? Visit InformationWeek Reports© 2014 Property of UBM Tech; All Rights Reserved