2009_SalaryReport - 2009 IT Skills and Salary Report A...

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Unformatted text preview: 2009 IT Skills and Salary Report A Comprehensive Survey from Global Knowledge and TechRepublic Copyright 2009 Global Knowledge Training LLC. All rights reserved. 2 2009 IT Skills and Salary Report 2009 2008 Base Salary $81,600 $73,900 Received a Raise 70% 80% Raise/Increase Amount 6% 4% Received a Bonus 46% 49% Average Bonus $8,575 $3,937 Age 42 43 Years in IT 15 14 Male vs. Female 3.3:1 3:1 Education 67% have at least a 4-year degree 59% have at least a 4-year degree Figure 1 Participant Profile Figure 2 Extremely Satisfied 10% Very Satisfied 32% Satisfied 36% Somewhat Satisfied 15% Not Very Satisfied 6% Not Satisfied At All 1% Overall Job Satisfaction Introduction For the second year in a row, Global Knowledge and TechRepublic have partnered to create a comprehensive IT salary survey. With over 14,150 responses, the 2009 report has turned out to be one of this years most relevant and revealing salary surveys in the industry. (See page 7 for survey methodology.) Despite the current economic pressures, the salaries of IT pro- fessionals did post a 10% gain over the results reported in our 2008 IT Skills and Salary Report . In 2009, the average base salary increased from $73,900 in 2008, to $81,600. While the average base salary grew, the number of professionals who received raises and bonuses decreased slightly. The average age and experience of survey participants revealed a slight change from last year, remaining fairly consistent over- all. However, there was an increase in the education level of this years participants as compared to 2008. Specifically, the number of respondents having at least a 4-year degree grew by 8 points over last year. Job Satisfaction and Money The vast majority of IT professionals are satisfied at work with 4 out of 10 being either very or extremely satisfied with their jobs ( Figure 2 ) . Indeed, the results show a direct correla- tion between job satisfaction and the amount of money that one is paid ( Figure 3 ) . Since more money equals greater job satisfaction, one could infer that for some, money does buy happiness at least at work. However, more than half (57%) of the respondents feel they should be making more money. Those who feel they are com- pensated fairly make an average of $91.3K, while those who expressed that they should be earning more have a salary of $73.5K. Though the majority of IT professionals seem to be satisfied with their current jobs, it is not preventing 37% of them to start looking for new opportunities. Nearly 20% are either actively looking or will be looking within the next three months. Figure 3 Average Salary Based on Overall Job Satisfaction 10k 20k 30k 40k 50k 60k 70k 80k 90k 100k Extremely Satisfied Very Satisfied Satisfied Somewhat Satisfied Not Very Satisfied Not Satisfied At All $86.4K $84.3K $80.7K $77.7K $77.4K $70.1K Copyright 2009 Global Knowledge Training LLC. All rights reserved. 3 Base Pay, Bonuses, and Benefits Approximately 7 out of 10 IT professionals received an increase...
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This note was uploaded on 01/24/2010 for the course HIS 101 taught by Professor Dry during the Spring '08 term at Abraham Baldwin Agricultural College.

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2009_SalaryReport - 2009 IT Skills and Salary Report A...

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