2010_salaryreport - 2010 IT Skills and Salary Report A...

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Unformatted text preview: 2010 IT Skills and Salary Report A Comprehensive Survey from Global Knowledge and TechRepublic Copyright 2010 Global Knowledge Training LLC. All rights reserved. 2 2010 IT Skills and Salary Report 2010 2009 2008 Base Salary $82,115 $81,600 $73,900 Received a Raise 43% 70% 80% Raise/Increase Amount 10% 6% 4% Received a Bonus 39% 46% 49% Average Bonus $8,654 $8,575 $3,937 Average Age 43 42 43 Years in IT 15 15 14 Male vs. Female 3.9:1 3.3:1 3:1 College Degree 69.7% 67% 59% Figure 1 Participant Profile Introduction The global recession that began in 2008 has impacted almost everyone, either through job loss, reduction in salary and benefits, or job change. This years salary survey, the third in partnership between Global Knowledge and TechRepublic, captures the magnitude of changes that have impacted the IT profession. To this end, questions have been added that provide a deeper examination of job satisfaction, current and expected business conditions, and key trends such as use of consultants and expected critical areas for 2010. Over 19,500 IT professionals worldwide responded to the sur- vey, a 12% increase over the 2009 survey. Respondents from the United States and Canada accounted for 92% of all responses, similar to last years percentage. Complete survey methodology can be found on page 11. The recession has held salaries in check for the IT profession. The average salary for respondents was $82,115, up less than one percent over what was reported in the 2009 IT Skills and Salary Report ( Figure 1 ). This is significantly less than the 10% gain seen between 2008 and 2009; however, it is consistent with broader salary trends in the United States. 1 Less than half of this years respondents (43%) reported receiving a salary in- crease, down from 70% in the prior year. Two-thirds of those that reported receiving a raise indicated the primary reason was performance in their current position (65%). Over 46% in- dicated their salaries were capped without a raise. One in nine respondents (11%) indicated their salaries had been reduced. Although the percentage receiving a raise declined signifi- cantly, the average amount of the raise increased from 6% to 10%. The percentage of respondents receiving a bonus dropped seven points from 46% in 2009 to 39% in the current survey. As with salaries, the change in the average bonus was flat, at less than one percent ($8,654 vs. $8,575 in 2009). The median bonus in the current survey, or the point where half are above and half are below, was $4,889. Demographically, the respondents look similar to prior years. Average age was 42, with an average tenure in the industry Overall, 43% of respondents received a raise; however, systems engineers, security professionals, and technical analysts were significantly more likely to receive raises than their counterparts in other fields. Copyright 2010 Global Knowledge Training LLC. All rights reserved. 3 of 15 years. More males responded this year than in prior it-of 15 years....
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This note was uploaded on 12/17/2010 for the course TECHNOLOGY MNE 210 taught by Professor Na during the Fall '10 term at Sullivan.

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2010_salaryreport - 2010 IT Skills and Salary Report A...

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