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Salary Survey 2005 © 2005 Computerworld Inc. This presentation is part of Computerworlds Salary Survey special report published on October 24, 2005
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By the Numbers Note: Percentages are based on IT workers employed full time or part time in an IT department. Salary Survey 2005 © 2005 Computerworld Inc. Salary Across the board, salaries increased slightly in 2005, by 3%. Senior management saw an increase of 3% (base: 2,493). Middle management experienced an average increase of 2.8% (base: 4,485). IT staffers had an average salary increase of 2.6% (base: 7,275). 69% of respondents said their 2005 base salary had increased from one year ago. The average increase was 6%. 22% reported no change in base salary. 9% reported a base salary decrease. The average decrease was 9%.
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By the Numbers By the Numbers (continued) Salary Survey 2005 © 2005 Computerworld Inc. Bonuses Across the board, bonuses increased slightly in 2005: 2.8%. Senior management saw an increase of 3%. Middle management saw an increase of 2.9%. IT staffers saw an increase of 2.3%. 72% of respondents said there had been no change in their expected 2005 bonus compensation compared with one year ago. 18% indicated an increase in bonuses. The average increase was 10%. 10% said their bonuses had decreased from one year ago. The average decrease was 25%. Note: Percentages are based on IT workers employed full time or part time in an IT department.
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Above Average Salary Survey 2005 © 2005 Computerworld Inc. Total compensation increases Chief security officer: 6% increase Computer operator: 4.4% increase Information security specialist: 4.2% increase Information security manager: 3.8% increase Network manager: 3.9% increase
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Below the Curve Salary Survey 2005 © 2005 Computerworld Inc. Total compensation increases Senior systems analyst: 1.9% increase Database administrator: 1.7% increase Manager of e-commerce: 1% increase
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10 Years of Ups & Downs Salary Survey 2005 © 2005 Computerworld Inc. 1996 | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 The peaks and valleys of IT pay raises, as reported in Computerworld’s annual Salary Survey from 1996 to 2005
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Gender Inequality Salary Survey 2005 © 2005 Computerworld Inc. Men pulled down higher increases in salary and bonuses than their female colleagues in IT SALARY Male: 2.8% Female: 2.6% BONUSES Male: 2.8% Female: 2.3%
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Stress Buckets Salary Survey 2005 © 2005 Computerworld Inc.
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The Place to Be Salary Survey 2005 © 2005 Computerworld Inc.
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The Place to Be cont’d Salary Survey 2005 © 2005 Computerworld Inc. 54% reported that their satisfaction level with their job was the same as 12 months ago. 21% were more satisfied than one year ago. 21% were less satisfied than one year ago. 4% weren’t in the same position.
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The Place to Be cont’d Salary Survey 2005 © 2005 Computerworld Inc. 60% reported that their satisfaction level with their compensation was the same as 12 months ago. 16% said they were more satisfied 24% said they were less satisfied.
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Money Matters Salary Survey 2005 © 2005 Computerworld Inc. Salary increase 81% Better work/life balance 45% More vacation time 36% Access to new technology projects 36% Large sign-on bonus 35% More responsibility 34% More training 28% New title 17% Relocation 17% Paid moving expenses 16% Complete career change 16% Other factor 8% Which factors would most influence you to change your job?
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Less Money? No Chance Salary Survey 2005 © 2005 Computerworld Inc. Better work/life balance 34% More job satisfaction 30% Location 27% Flexibility 21% Stock options 12% Financially stronger company 10% Different field 10% Other 5% 42% said they wouldn’t switch to a job if the pay was lower. Of those who would, these factors topped the list of motivators:
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Money Matters (continued) Salary Survey 2005 © 2005 Computerworld Inc. Base pay 52% Stock options 44% Potential for career advancement and development37% Vacation time/paid time off33% Skill development/educational or training opportunity 30% Job stability29% Flexible work schedule/telecommuting/working at home26% Working with leading-edge technology20% My opinion and knowledge is valued 18% Benefits 18% Corporate commitment to and understanding of the importance of IT15% Recognition for work well done 14% Financial stability of company 12% Having the resources to do my job well 11% Job atmosphere/community 10% Effectiveness of immediate supervision9% Challenge of job/responsibility8% What matters most to you about your job?
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With Money Comes Loyalty Salary Survey 2005 © 2005 Computerworld Inc. >>Not looking for a new job: $20,000 to $39,900 (32%) $40,000 to $59,9000 (41%) $60,000 to $79,900 (46%) $80,000 to $99,999 (47%) $100,000 to $124,999 (50%) $125,000 to $149,999 (50%) $150,000-plus (54%) >>Actively looking for a new job at a different company: $20,000 to $39,900 (17%) $40,000 to $59,9000 (11%) $60,000 to $79,900 (9%) $80,000 to $99,999 (8%) $100,000 to $124,999 (8%) $125,000 to $149,999 (7%) $150,000-plus (11%) As IT workers’ salaries rise, so too does their loyalty: >>Passively looking for a new job at a different company: $20,000 to $39,900 (45%) $40,000 to $59,9000 (41%) $60,000 to $79,900 (36%) $80,000 to $99,999 (35%) $100,000 to $124,999 (33%) $125,000 to $149,999 (33%) $150,000-plus (31%) >>Seeking a new job within the same company: $20,000 to $39,900 (7%) $40,000 to $59,9000 (8%) $60,000 to $79,900 (8%) $80,000 to $99,999 (10%) $100,000 to $124,999 (10%) $125,000 to $149,999 (9%) $150,000-plus (5%)
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40 Hours No More Salary Survey 2005 © 2005 Computerworld Inc. Respondents reported working an average of 47 hours per week
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Wish List Salary Survey 2005 © 2005 Computerworld Inc. Time off 42% Telecommuting option 37% Comp time 30% Company car 21% Flexible scheduling 20% The top five perks respondents said they wished their company offered:
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The Icing Salary Survey 2005 © 2005 Computerworld Inc. Performance 35% Year-end/annual 26% Profit sharing 19% Team 7% Project completion 5% The top five types of bonuses received: What other kinds of perks and compensation does your company offer? Health benefits/insurance 92% Life insurance 84% Matching 401(k) contributions 74% Tuition reimbursement 71% Flexible scheduling 57% Mobile phone 45% Plaques/awards/gift certificates 41% Comp time 37% Employee stock ownership program 31% Stock purchase plans 31% Telecommuting option 27% Additional time off/sabbatical 17% Dependent care support 17% Company car 6%
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Still Feeling the Pinch Salary Survey 2005 © 2005 Computerworld Inc. Increased workload due to staff cuts 53% Budget cuts 50% Permanent staff layoffs 31% Hiring freeze 30% Salary freeze 27% Training cuts 26% Canceled project(s) 24% Increased outsourcing 24% Contract staff layoff 15% Contract/consultant hires 12% Increased hiring/staffing 10% Decreased outsourcing 2% Respondents reported that in the past year, their working conditions have been significantly affected by:
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Security Blanket Salary Survey 2005 © 2005 Computerworld Inc.
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Outsourcing Squeeze Salary Survey 2005 © 2005 Computerworld Inc. * Doesn’t total 100% because of rounding. BASE: 14,181
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Outsourcing Squeeze (continued) Salary Survey 2005 © 2005 Computerworld Inc. Fewer IT jobs available 65% Lower employee morale 62% New hires at reduced salaries 46% Fewer opportunities for advancement 41% Skills valued less 38% Salary reductions for employees 29% Opportunities to work on more innovative projects 17% It’s an important aspect to global business growth 17% New hires to support outsourcing efforts 11% Skills valued more 9% Other 4% How is outsourcing affecting IT workers?
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Settled and Satisfied Salary Survey 2005 © 2005 Computerworld Inc.
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Settled and Satisfied (continued) Salary Survey 2005 © 2005 Computerworld Inc. 70% said they were satisfied with their current responsibility’s 48% said they were satisfied with their current compensation. 48% said they were satisfied with their company culture. 27% said that the job market was poor. Of those respondents who said they weren’t looking for a new job: BASE: 6,500 Nonlookers
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Settled and Satisfied (continued) Salary Survey 2005 © 2005 Computerworld Inc. Looking for higher compensation59% Career opportunity48% Personal fulfillment43% More interesting/challenging work44% More responsibility31% The following were the most commonly reported reasons given by those looking for new jobs: BASE: 7,702 Lookers
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Average total compensation in selected IT job titles, 2005 Salary Survey 2005 © 2005 Computerworld Inc. CIO/vice president of IT: $164,421 Chief technology officer: $154,639 Chief security officer: $132,192 Director of networks: $126,734 Director of systems development: $142,558 IT director: $108,227 Internet technology architect/strategist: $112,027 Communications manager: $83,974 Computer operations manager: $82,804 Database manager: $95,660 Data warehousing manager: $110,626 E-commerce manager: $96,604 AVERAGE FOR ALL TITLES: $87,838
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Average total compensation in selected IT job titles, 2005 Salary Survey 2005 © 2005 Computerworld Inc. Help desk/technical support manager: $68,038 Information security manager: $98,748 Internet/intranet manager: $79,073 IT manager: $85,384 Network manager: $68,822 Product manager: $99,565 Application development manager: $100,841 Project manager: $94,980 Communication specialist: $65,130 Computer operator: $44,377 Database administrator: $82,551 Database analyst: $66,112 Database architect: $106,496
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Average total compensation in selected IT job titles, 2005 Salary Survey 2005 © 2005 Computerworld Inc. Database developer: $80,644 E-commerce specialist: $78,910 Help desk/mechanical support specialist: $48,433 Information security specialist: $81,036 IT/business systems analyst: $73,946 Messaging groupware specialist: $82,292 Network administrator: $54,284 Network architect: $94,200 Network engineer: $70,366 Programmer/analyst: $67,684 Project leader: $83,401 Quality assurance specialist: $71,550 Software developer: $77,720
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Average total compensation in selected IT job titles, 2005 Salary Survey 2005 © 2005 Computerworld Inc. Software engineer: $83,164 Systems administrator: $65,780 Systems analyst: $64,593 Senior systems analyst: $81,505 Systems architect: $101,680 Systems programmer: $85,602 Technical trainer: $55,412 Technician: $47,088 Web developer: $61,078 Webmaster: $57,184
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Consultants & Contractors Salary Survey 2005 © 2005 Computerworld Inc. BASE: 689 By the Numbers
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Consultants & Contractors (continued) Salary Survey 2005 © 2005 Computerworld Inc. The average annual hourly rate in 2005: $61.00 per hour (base: 484) The average annual base salary in 2005: $85,904 (base: 206) 49% saw no change in their base salary or hourly rate from one year ago 15% said their salary or hourly rate has decreased from one year ago, on average by 19% 36% said their salary or hourly rate has increased from one year ago, on average by 20%
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Consultants & Contractors (continued) Salary Survey 2005 © 2005 Computerworld Inc. Software design/development21% Project management18% Network administration12% Information systems design9% Database development6% ERP implementation5% Data warehouse/data mining4% Quality assurance3% E-commerce2% Hardware development2% CRM implementation1% Other18% Doesn’t total 100% because of rounding. Areas of Specialization
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Consultants & Contractors (continued) Salary Survey 2005 © 2005 Computerworld Inc. IT contractor/independent contractor 18% Senior IT contractor/full-time employee of contracting firm 17% Senior consultant 13% Staff IT contractor/full-time employee of contracting firm 10% Project manager 10% Analyst 7% Director 5% Staff consultant 4% Partner/vice president 3% Manager 3% Practice manager 1% Package integration/implementation specialist 1% Other contractor/consultant-level title 10% Doesn’t total 100% because of rounding. What They Do
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2005 Salary Survey Snapshots: Contractors and Consultants Salary Survey 2005 © 2005 Computerworld Inc. Less than $10 per hour0.2% $10 to less than $20 per hour7% $20 to less than $30 per hour10% $30 to less than $40 per hour13% $40 to less than $50 per hour15% $50 to less than $60 per hour15% $60 to less than $70 per hour11% $70 to less than $80 per hour8% $80 to less than $90 per hour4% $90 to less than $100 per hour3% $100 to less than $125 per hour5% $125 to less than $150 per hour3% $150 to less than $200 per hour3% $200 to $250 per hour3% Doesn’t total 100% because of rounding. Base: 484 What They’re Paid The average annual hourly rate in 2005 is $61.
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