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During two years of turmoil, the 'Great' recession of 2008-2009 brought budget cutting and layoffs across most US IT organisations, both large and small alike. But the picture is brightening for the nation’s IT workers: the Computer Economics 2010 IT Salary Report finds that IT outfits are budgeting to give the typical IT worker a 1.8% pay rise. Although meagre by historical standards, the increase indicates that, despite high rates of unemployment, IT executives are responding to the need to retain their best workers. Another report from Computer Economics, its Outlook for IT Staffing and Spending in 2010, adds that IT organisations plan to hike operational budgets by a median 2% this year. According to the outlook, more than one-third of technology corporations are planning to increase their staff base, in order to restore some of the positions shed over the past two years. “We see this as another sign that IT jobs and budgets are recovering this year,” said John Longwell, vice president of research for Computer Economics, a California-based group. “We knew IT jobs were recovering, but frankly we did not anticipate the strength of the wage increases.” Although the full findings suggest downward pressure on pay is incoming, IT workers “in the trenches” emerged as likely to receive the highest pay raises, the CE study shows. In contrast, so-called ‘C-level’ executives and directors will get the smallest pay boost - 1.3% at the median, partly because incentive pay makes up a larger portion of their total compensation. However, because morale has suffered, Longwell said the planned pay rises for IT workers ‘on the ground’ were an acknowledgement “that the recession was harder on the rank and file.” To this end, IT managers, who can expect a median pay rise of 1.7%, will fare slightly better than IT executives, but both types of professional will only see their wages rise faster than ‘the rank and file’ once the economy improves. In the meantime, pay rates will notch up almost 2 per cent for network administrators, system administrators, storage administrators, security analysts, telecom analysts, and webmasters, CE found. The premium increases (2.1%) will be reserved for developers, such as application programmers, data analysts, database administrators, business analysts, architects, as well as IT personnel who develop new systems and those who maintain existing ones. Feb 5, 2010 Email this article Printer friendly page Previous Page
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