Job market improves – 25 states now at full employment levels
Job market improves to the point that there are currently 25 states, (including the District of Columbia), that have unemloyment rates of 4% or less. At those levels most HR professionals consider those areas as being at full employment levels.
The striking factor in our analysis of the data is the dramatic improvement in the unemployment levels if the 25 states that are at full emploment. It is almost as if a light swith has been flipped.
Almost one half of the states have unemployent levels that are 2 to 3 percent range.
Employment Improves Employment Improves as only three states are above 6% unemployment Employment improves as only New Mexico, Alaska, an Alabama have unemployment rates over 6%. At...
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IT Job Market Improves IT job market increases significantly with 20,400 jobs added in July One in five organizations is looking to hire additional IT staff within the next...
Historic IT Compensation analysis by Janco Associates shows that the Vice President of Technical Services has fared better in organizations of all sizes over the past five years than CIOs.
Since 2013 mean compensation for CIOs in large organizations has risen by 7.5% from $181,240 to $194,841 ($13,601). At the same time, in those same organizations, the VP of Technical Services compensation has risen by 19.7% from $140,267 to $167,961 ($27,653). In addition CSOs, also topped CIOs in large enterprises with an increase of 14.2%.
In midsize enterprises CIOs, in the same five years saw their compensation rise by 9.6% or $15,523. However, the VP of Technical Services saw their compensation increase by $17,991 or 13.8%.
That does not mean that CIOs are doing poorly. Rather the difference in compensations has eroded a bit in the past few years.
With this latest quote Janco is now viewed by many enterprises as the go to sources for IT job market and IT salary information. This keeps it in line with the long-term identification of Janco and its CIO as a leader in the field of IT management information.
Janco continues to keep tabs on the IT Job Market, IT Compensation, and trends that impact the overall infrastructure and strategy of IT and the CIO who are in charge. With this in mind Janco has identified 3 common skills that sucessful CIOs have.
Successful CIOs are both visionary and pragmatic\
Successful CIOs focus on ROI improvement of IT
Successful CIOs inspire the enterprise and expand the business impact of IT
Mid-Year Salary Survey Released by Janco Mid-Year Salary Survey Released by Janco Mid-Year Salary Survey – Janco Associates, Inc. has just released its 2015 mid-year salary survey. To read about the salary...