IT Salaries Rise

IT Salaries Rise

In 2015 IT Salaries will increase across the board for IT Pros.  In preliminary results of Janco Associates 2015 IT Salary survey they have found that all levels of IT Professionals and in all sizes if IT organizations salaries are going up.  The big winners are the executive levels of IT in mid-sized organizations.

Historic versus current salaries IT Professionals
IT Salaries are on rising

IT compensation for all IT Professionals has increased by 2.85% in the last 12 months. Between January 2014 and January 2015 the total mean compensation for all IT Professionals has increased from $79,674 to $81,948. This puts overall compensation back at the levels they were at in January 2008 and 2007.  In mid-sized enterprises, the mean total compensation for all positions has increased by 4.11% from $76,198 to $79,333.

Much of the rise is due to the fact that the number of IT Pros that are required is up. In 2014 the IT job market grew by 112,800 versus 74,900 and 62,500 in 2013 and 2012 respectively according to the Bureau of Labor Statistics (BLS).

IT Job Market Growth

The 2015 Salary Survey will be released by the end of January.

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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.