10 findings in 2013 IT Salary Survey by Janco

2013 IT Salary Survey Released -10 major findings

IT Salary Survey 2012Job DescriptionsJanco has just released its 2013 IT Salary Survey and had ten (10) major findings.  You can get more information at https://www.e-janco.com/salary.htm.

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  1. IT compensation has increased by 1.98% in the last 12 months.
  2. CIOs compensation has increased in the past 12 months – the mean base compensation is higher and bonuses are about the same as received in the prior year.  The mean compensation for CIOs in large enterprises is now $182,210 (an increase of 6.04%) and $165,820 (an increase of 1.6%) in mid-sized enterprises.
  3. Positions in highest demand are all associated with the quality control, records management, data center operations management.
  4. Over the long term IT executives have fared better in mid-sized companies than large companies.
  5. In 2012 the IT job market grew by 62,500 jobs according to the Bureau of Labor Statistics (BLS) – not enough to employee the number of IT graduates from US universities or to increase demand.
  6. Lay-offs seem to have tapered off, however some companies continue to cut the size of the IT organizations.
  7. Cost control is still the rule of the day; however we have seen an increase in the number of “part-timers” and contractors who are focused on particular critical projects.
  8. On shore outsourcing has peaked and companies are looking to bring IT operations back into their direct control and reduce operating costs..
  9. Mandated requirements for records management systems and electronic medical records have increased the demand for quality control staff and custodians (librarians) of mechanized records.
  10. Companies are continuing to refine the benefits provided to IT professionals. Though benefits such as health care are available to 82%, IT professionals are now paying a greater portion of that cost.

Author: Victor Janulaitis

M. Victor Janulaitis is the CEO of Janco Associates. He has taught at the USC Graduate School of Business, been a guest lecturer at the UCLA's Anderson School of Business, a Graduate School at Harvard University, and several other universities in various programs.