salary survey 2005 © 2005 computerworld inc. this presentation is part of computerworlds salary...
TRANSCRIPT
Salary Survey 2005Salary Survey 2005
© 2005 Computerworld Inc.
This presentation is part of Computerworlds Salary Survey special report published on October 24, 2005
By the NumbersBy the Numbers
Note: Percentages are based on IT workers employed full time or part time in an IT department.
Salary Survey 2005Salary Survey 2005© 2005 Computerworld Inc.
SalaryAcross 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%.
By the Numbers By the Numbers (continued)
Salary Survey 2005Salary Survey 2005© 2005 Computerworld Inc.
BonusesAcross 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.
Above Average
Salary Survey 2005Salary 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
Below the Curve
Salary Survey 2005Salary Survey 2005© 2005 Computerworld Inc.
Total compensation increases
Senior systems analyst: 1.9% increaseDatabase administrator: 1.7% increaseManager of e-commerce: 1% increase
10 Years of Ups & Downs
Salary Survey 2005Salary Survey 2005
4.6% 5.2%6.7%
6.0%6.2% 5.8%
2.6% 2.8% 3.0% 3.0%
0.0%
1.0%
2.0%
3.0%
4.0%
5.0%
6.0%
7.0%
© 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
Gender Inequality
Salary Survey 2005Salary Survey 2005© 2005 Computerworld Inc.
Men pulled down higher increases in salary and bonuses than their female colleagues in IT
SALARYMale: 2.8%
Female: 2.6%
BONUSESMale: 2.8%
Female: 2.3%
Stress Buckets
Salary Survey 2005Salary Survey 2005© 2005 Computerworld Inc.
How stressful is your job? Not at all
s tress ful, 2%
Som ewhat s tress ful, 39%
Not very s tress ful, 12%
Very s tress ful, 17%
Stress ful, 30%
Compared with last year, is your job more stressful, less stressful or the same?
The sam e, 51%
Not in sam e pos ition as one
year ago, 4%
More s tress ful, 20%
Less s tress ful, 22%
The Place to Be
Salary Survey 2005Salary Survey 2005© 2005 Computerworld Inc.
How satisfied are you w ith your decision topursue a career in IT?
Very dissatisfied, 1%
Neither satisfied nor dissatisfied, 13%
Dissatisfied, 5%
Very satisfied, 43%
Satisfied, 38%
The Place to Be cont’d
Salary Survey 2005Salary Survey 2005© 2005 Computerworld Inc.
How satisfied are you with your job?
Neither satisfied nor dissatisfied,
19%
Dissatisfied, 18%
Very satisfied, 15%
Satisfied, 48%
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.
The Place to Be cont’d
Salary Survey 2005Salary Survey 2005© 2005 Computerworld Inc.
How satisfied are you with your compensation, given base salary, bonuses and benefits in relation to job responsibilities?
Ambivalent, 0.23
Dissatisfied, 19%
Very dissatisfied, 4%
Very satisfied, 13%
Satisfied, 41%
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.
Money Matters
Salary Survey 2005Salary 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?
Less Money? No Chance
Salary Survey 2005Salary 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:
Money Matters (continued)
Salary Survey 2005Salary Survey 2005© 2005 Computerworld Inc.
Base pay 52%Stock options 44%Potential for career advancement and development 37%Vacation time/paid time off 33%Skill development/educational or training opportunity 30%Job stability 29%Flexible work schedule/telecommuting/working at home 26%Working with leading-edge technology 20%My opinion and knowledge is valued 18%Benefits 18%Corporate commitment to and understanding of the importance of IT 15%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 supervision 9%Challenge of job/responsibility 8%
What matters most to you about your job?
With Money Comes Loyalty
Salary Survey 2005Salary 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%)
40 Hours No More
Salary Survey 2005Salary Survey 2005© 2005 Computerworld Inc.
How many hours per w eek do you w ork on average?
61 hours or more, 3%
46 to 50 hours, 26%
51 to 60 hours, 13%
Less than 40 hours, 4%
41 to 45 hours, 30%
Respondents reported working an average of 47 hours per week
Wish List
Salary Survey 2005Salary 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:
The Icing
Salary Survey 2005Salary 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%
Still Feeling the Pinch
Salary Survey 2005Salary 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:
Security Blanket
Salary Survey 2005Salary Survey 2005© 2005 Computerworld Inc.
said they felt less secure 16%
said their level of job security has not
changed from one year ago 57%
said they felt more secure 22%
said they were very secure in their job
23%
said they were secure in their job 34%
Outsourcing Squeeze
Salary Survey 2005Salary Survey 2005© 2005 Computerworld Inc.
I s your organization outsourcing some of its I T jobs?
Yes, outsourced to a company offshore
15%
Yes, outsourced to a company in the U.S.
19%
Don’t know7%
Yes, outsourced to a combination of
companies both in the U.S and offshore
14%
No45%
* Doesn’t total 100% because of rounding. BASE: 14,181
Outsourcing Squeeze (continued)
Salary Survey 2005Salary 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?
Settled and Satisfied
Salary Survey 2005Salary Survey 2005© 2005 Computerworld Inc.
36% classified their job search as "passively
looking."
10% acknowledged that they were actively looking for another job
46% reported that they weren’t looking.
Settled and Satisfied (continued)
Salary Survey 2005Salary 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
Settled and Satisfied (continued)
Salary Survey 2005Salary Survey 2005© 2005 Computerworld Inc.
Looking for higher compensation 59%
Career opportunity 48%
Personal fulfillment 43%
More interesting/challenging work 44%
More responsibility 31%
The following were the most commonly reported reasons given by those looking for new jobs:
BASE: 7,702
Lookers
Average total compensation in selected IT job titles, 2005
Salary Survey 2005Salary Survey 2005© 2005 Computerworld Inc.
CIO/vice president of IT: $164,421Chief technology officer: $154,639Chief security officer: $132,192Director of networks: $126,734Director of systems development: $142,558IT director: $108,227Internet technology architect/strategist: $112,027Communications manager: $83,974Computer operations manager: $82,804Database manager: $95,660Data warehousing manager: $110,626E-commerce manager: $96,604
AVERAGE FOR ALL TITLES: $87,838
Average total compensation in selected IT job titles, 2005
Salary Survey 2005Salary Survey 2005© 2005 Computerworld Inc.
Help desk/technical support manager: $68,038Information security manager: $98,748Internet/intranet manager: $79,073IT manager: $85,384Network manager: $68,822Product manager: $99,565Application development manager: $100,841Project manager: $94,980Communication specialist: $65,130Computer operator: $44,377Database administrator: $82,551Database analyst: $66,112Database architect: $106,496
Average total compensation in selected IT job titles, 2005
Salary Survey 2005Salary Survey 2005© 2005 Computerworld Inc.
Database developer: $80,644E-commerce specialist: $78,910Help desk/mechanical support specialist: $48,433Information security specialist: $81,036IT/business systems analyst: $73,946Messaging groupware specialist: $82,292Network administrator: $54,284Network architect: $94,200Network engineer: $70,366Programmer/analyst: $67,684Project leader: $83,401Quality assurance specialist: $71,550Software developer: $77,720
Average total compensation in selected IT job titles, 2005
Salary Survey 2005Salary Survey 2005© 2005 Computerworld Inc.
Software engineer: $83,164Systems administrator: $65,780Systems analyst: $64,593Senior systems analyst: $81,505Systems architect: $101,680Systems programmer: $85,602Technical trainer: $55,412Technician: $47,088Web developer: $61,078Webmaster: $57,184
Consultants & Contractors
Salary Survey 2005Salary Survey 2005© 2005 Computerworld Inc.
BASE: 689
By the Numbers
Other43%
Work for a consulting firm
37%
Are self-employed20%
Consultants & Contractors (continued)
Salary Survey 2005Salary 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%
Consultants & Contractors (continued)
Salary Survey 2005Salary Survey 2005© 2005 Computerworld Inc.
Software design/development 21%Project management 18%Network administration 12%Information systems design 9%Database development 6%ERP implementation 5%Data warehouse/data mining 4%Quality assurance 3%E-commerce 2%Hardware development 2%CRM implementation 1%Other 18%
Doesn’t total 100% because of rounding.
Areas of Specialization
Consultants & Contractors (continued)
Salary Survey 2005Salary 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
2005 Salary Survey Snapshots: Contractors and Consultants
Salary Survey 2005Salary Survey 2005© 2005 Computerworld Inc.
Less than $10 per hour 0.2%$10 to less than $20 per hour 7%$20 to less than $30 per hour 10%$30 to less than $40 per hour 13%$40 to less than $50 per hour 15%$50 to less than $60 per hour 15%$60 to less than $70 per hour 11%$70 to less than $80 per hour 8%$80 to less than $90 per hour 4%$90 to less than $100 per hour 3%$100 to less than $125 per hour 5%$125 to less than $150 per hour 3%$150 to less than $200 per hour 3%$200 to $250 per hour 3%
Doesn’t total 100% because of rounding. Base: 484
What They’re PaidThe average annual hourly rate in 2005 is $61.