2010 IT Salary Survey
Comparative Year Salary Survey 1996 - 2010

Are you paying too much or too little to your IT staff? Do you have IT job descriptions? Are you earning what you're worth? Whether employer or employee, it is important to know what other companies are paying in total compensation for a similar position in your area. Learn how your company compares in the area of compensation. Data is as of January 2010.

The most striking observations are:

• Many companies have instituted hiring and spending freezes in addition to laying-off of staff.  This has been augmented by extensive outsourcing, bonus reductions, and elimination of IT contractors -- which has decreased the demand for IT professionals and in some cases lowered wages, with higher priced positions being eliminated.
• Layoffs have focused on middle management and IT support staff
• Many mid-sized enterprises have stopped hiring all together
• There are over 200 IT professionals in the Metro New York are who earned well into six figures that are looking for work due to mergers, bankruptcies, and layoffs
• Layers of middle management have been eliminated and the number of direct reports has increased for many IT Directors, Managers, and Supervisors.
• Enterprises that have cut costs in lieu of laying staff off are now planning to institute a round of layoffs in order to meet “their numbers” for 2010.
• Companies are continuing to reduce the benefits provided to IT professionals.
• Personal and company bonuses have been reduced if not eliminated altogether.
• Raises have be eliminated by many.  For example in a survey conducted by Redmondmag.com it was reported that 36.5% of Microsoft employees saw no raise in 2009.
• Hiring is limited to a few selected positions as enterprise continue to cut costs
• There now is a surplus of seasoned IT professionals available.  For the second time in less than ten years, retirements are being put off because of the downturn in the stock market and the resultant reduction in savings available to support IT professionals as they retire.  Added to this is an influx of retirees who are looking to get back into the job market due to of the massive reduction in their investment portfolio

The Janco Associates, Inc. salary survey draws on data collected throughout the year by extensive interviews,  internet-based survey data, and survey forms completed by businesses throughout the United States and Canada. 

The compensation study (over 155 pages in PDF or WORD and EXCEL with the data) can be ordered here.

If you do not want to purchase the full salary study, you can get just the data for a particular city for a fraction of the cost of the full study.  Just click here to see all the cities covered.

Summary Results and Changes in Demand for IT Jobs 2010