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2007 Survey Roundup |
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Has another year past since the last survey summary? Indeed it has. Once again we have relentlessly searched the web and print to find out what IT surveys have to say about the state of the industry, CIOs, budgets, salaries and more.
Last year (2006) we found that:
So what has happened this year? What are the key trends within the industry? In short, not much of anything is happening in IT. With budgets being held to 2006 levels, it appears that CIOs are treading water. Here are the highlights.
Salaries Got Tight in 2007
While more CIOs were added to the Million Dollar Club, most made the ranks via stock options. The highest base CIO salary (base plus bonus) reported in the July 2007 Baseline magazine was just over $2.5 million, which went to MasterCard’s Roy Dunbar, President of Global Technology & Operations. Overall 39 CIOs topped the million dollar mark in total compensation with Jeff Fox, Group President Shared Services at Alltel earning a whopping $9.05 million. However out of the top 52 CIOs reported in the survey the lowest made a mere $309,760 so it’s clear that the curve is steep.
On the other hand, according to the Janco Associates, Inc., salary survey, IT salaries only grew 1.13% since 2006, with middle managers actually losing ground. Based on this survey IT executives averaged about $136,000, middle managers $76,000 and staff $63,000 in compensation a year.
Robert Half’s 2007 salary survey predicts slightly more encouraging results and estimates that base salaries will rise 2.8%, with the best pay going to those with expertise in data warehouse management ($81k to $113k).
Overall it appears if you are not part of the CIO elite you did not do all that well in terms of salary growth as an IT professional in 2007.
IT Governance Trends
In 2007 the push to improve the quality of IT Governance really didn’t get all that much traction. With budgets being fairly flat it seems the strides made over the last few years were good enough for most.
IT Security & Governance Survey Sources
Balancing Global Governance Global enterprises need standard processes. Please login/register to read the entire article.
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