IT Hiring Up Reports Janco in its Mid Year
2007 Salary Survey
Park City, UT
– Janco has found the IT is up
slightly. Victor Janulaitis, the CEO of
Janco said, “Hiring is up across the nation
as companies begin to focus on business
expansion.”
The summary findings in Janco Mid Year 2007
IT Salary Survey are:
-
The mean compensation
(which includes bonuses) for executive
IT positions surveyed now is $143,243 in
large enterprises and $127,439 in
mid-sized enterprises. (Large
enterprises have over $500 million in
revenue and mid-sized are $100 to $499
million in revenue).
-
Hiring for all levels of
IT professionals in mid-sized
enterprises has increased significantly.
-
CSOs (Chief Security
Officers) and top administrative
executives are in high demand at larger
enterprises
-
The mean compensation for
Chief Information Officers (CIOs) in all
enterprises remains relatively flat with
the mean compensation across all
enterprises between $174,979 and
$169,504.
-
The positions in the
highest demand are: VP – Administration;
VP - Information Services; VP - Security
(CSO); Change Control Analyst; Computer
Operations - Shift Manager; Data Center
Facility Administrator; Data Entry
Clerk; Data Entry Supervisor; LAN
Applications Support Analyst; Object
Visual Programmer; Production Control
Specialist; Project Manager – Systems;
Systems Programmer; and Voice/Wireless
Communications Manager.
-
Mid-sized enterprises are
starting to open the hiring gates as
backlogs build up and enterprises see
continued growth.
-
The mean total
compensation for all positions surveyed
has started to move up(0.72%) in the
last twelve (12) months. In mid-sized
enterprises the mean total compensation
has fallen slightly (-0.39%) from
$75,096 to $74,806. At the same time in
large enterprises the median
compensation has also moved up
significantly from $81,078 to $82,498
(1.75%).
-
Demand is high in the
internet and network areas of
e-commerce, voice/wireless
communication, object programming, data
security and data warehousing as
enterprises try to prepare for the next
wave of the new wireless technology.
-
In our prior reports,
Janco found a number of ‘baby boomers’
iwho had planned on retiring in 2003 and
2004 but did not -- they now are
starting to think about retiring in 2007
and 2008.
Summary
Results and Changes in Demand for IT Jobs
Mid Year 2007
|
|
Benchmark 4th Quartile |
June '06 Mean
|
June '07 Mean |
|
|
|
June '06 |
June '07 |
Percent Change |
Base |
Total |
Base |
Total |
Percent Change |
|
Executives |
$203,882 |
$196,738 |
-3.50% |
$122,643 |
$138,603 |
$127,842 |
$143,217 |
3.33% |
|
Middle Managers |
$102,838 |
$101,560 |
-1.24% |
$74,023 |
$78,156 |
$75,176 |
$78,868 |
0.91% |
|
Staff |
$95,115 |
$94,511 |
-0.64% |
$62,443 |
$65,585 |
$63,146 |
$66,517 |
1.42% |
|
Large Enterprise |
$112,016 |
$110,301 |
-1.53% |
$75,100 |
$80,270 |
$76,561 |
$81,556 |
1.60% |
|
|
|
|
|
|
|
|
|
|
|
Executives |
$206,212 |
$229,933 |
11.50% |
$112,990 |
$127,223 |
$116,838 |
$131,321 |
3.22% |
|
Middle Managers |
$106,524 |
$105,197 |
-1.25% |
$69,992 |
$75,544 |
$71,009 |
$74,645 |
-1.19% |
|
Staff |
$89,287 |
$89,418 |
0.15% |
$56,791 |
$59,556 |
$58,352 |
$60,442 |
1.49% |
|
Mid-Size Enterprises |
$111,494 |
$113,875 |
2.14% |
$69,687 |
$75,126 |
$71,601 |
$75,601 |
0.63% |
|
|
|
|
|
|
|
|
|
|
|
IT Averages All |
$111,755 |
$112,088 |
0.30% |
$72,393 |
$77,698 |
$73,922 |
$78,579 |
1.13% |
|
|
Victor
Janulaitis the CEO of Janco said, "There are a core set of benefits that are
required by enterprises of all sizes to attract and retain IT professionals.
This includes firms that provide IT professionals on a contracting basis
need to provide these benefits." He added, "... with the rise in heath care
insurance costs employees of all firms are required to share more of the
cost but elimination of health insurance is not an option."
The June 2006 IT Salary Survey also found that enterprise based performance
bonuses were limited to executive IT management with only 42% qualifying.
Stock options, which at the top of the dot com boom were the one "must have"
benefit, now are available to 45% of the IT professionals.
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