2009 IT Skills and Salary Report

2009 IT Skills and Salary Report
A Comprehensive Survey from Global Knowledge and TechRepublic2009 IT Skills and Salary Report
Introduction Participant ProfileFor the second year in a row, Global Knowledge and TechRepublic 2009 2008have partnered to create a comprehensive IT salary survey. With Base Salary $81,600 $73,900over 14,150 responses, the 2009 report has turned out to be one Received a Raise 70% 80%of this year's most relevant and revealing salary surveys in the Raise/Increase Amount 6% 4%industry. (See page 7 for survey methodology.) Received a Bonus 46% 49%Despite the current economic pressures, the salaries of IT pro- Average Bonus $8,575 $3,937fessionals did post a 10% gain over the results reported in our Age 42 432008 IT Skills and Salary Report. In 2009, the average base salary Years in IT 15 14increased from $73,900 in 2008, to $81,600. While the average Male vs. Female 3.3:1 3:1base salary grew, the number of professionals who received raises Education 67% have at least 59% have at least and bonuses decreased slightly. a 4-year degree a 4-year degreeFigure 1The average age and experience of survey participants revealed a slight change from last year, remaining fairly consistent over- Overall Job Satisfactionall. However, there was an increase in the education level of this Not Not Very Satisfied Extremely year's participants as compared to 2008. Specifically, the number Satisfied At All SatisfiedSomewhat 6% 1% 10% of respondents having at least a 4-year degree grew by 8 points Satisfied Very 15% Satisfiedover last year. 32%
Job Satisfaction and Money The vast majority of IT professionals are satisfied at work with 4 out of 10 being either 'very' or 'extremely' satisfied with their jobs (Figure 2). Indeed, the results show a direct correla-tion between job satisfaction and the amount of money that one is paid (Figure 3). Since more money equals greater job Satisfied36% satisfaction, one could infer that for some, money does buy Figure 2happiness-­ at least at work.
However, more than half (57%) of the respondents feel they Average Salary Based on Overall Job Satisfactionshould be making more money. Those who feel they are com- Extremely Satisfied $86.4K pensated fairly make an average of $91.3K, while those who expressed that they should be earning more have a salary of Very Satisfied $84.3K $73.5K. Though the majority of IT professionals seem to be Satisfied $80.7K satisfied with their current jobs, it is not preventing 37% of them Somewhat Satisfied to start looking for new opportunities. Nearly 20% are either $77.7K actively looking or will be looking within the next three months. Not Very Satisfied $77.4KNot Satisfied At All $70.1K 10k20k30k40k50k60k70k80k90k100kFigure 3
Copyright ©2009 Global Knowledge Training LLC. All rights reserved. 2Salary Range of Respondents20%18%16%14% 13.4%12.7%12% 12%11.5%10% 10.3%9% 8.9%8% 6.8%6% 5%4% 3.7% 3.2%2% 2.1% 1.5%k k k k k k k k k k k k k0 0 0 0 0 0 0 0 0 0 0 0 04 5 6 7 8 9 0 1 2 3 4 5 5< $ $ $- - - $ $ $ 1 1 1 1 1 1 1 - - $ $ $ $ $ $ $k k k k k - - - - - - >0 0 0 0 0 k k k k k k4 5 6 7 8 0 0 0 0 0 0$ $ $ $ $ 9 0 1 2 3 4$ 1 1 1 1 1$ $ $ $ $Figure 5
Base Pay, Bonuses, and Benefits Factors Considered to Determine Recent BonusApproximately 7 out of 10 IT professionals received an increase 61% Personal Performancein base salary in the past 12 months, an average increase of 6%. The average base salary increase was $5,077 and the median 43% Company Profit Sharingbase salary increase was $3,500. Sixty-five percent of respon- 33% Meeting Project Goaldents received an increase of $5,000 or less, while 22% received 6% Certification/Trainingan increase between $5,000 and $10,000. The remaining 13% received an increase in their base salary of $10,000 or greater. 6% Premium Skills Bonus
Nearly half (46%) of IT professionals received a bonus in the 5% Retention Bonuspast 12 months and 36% anticipate that they will receive a bo- 1% New Hire Signing Bonusnus in 2009. The average bonus paid out in the past 12 months 10%20%30%40%50%60%70%80%90%100%was $8,575, with the median bonus being $5,000. In fact, nearly Figure 63 out of 10 IT professionals received a bonus of $10,000 or more in the past 12 months and about half received less than $5,000. Benefits Received Past 12 MonthsOf those who received a bonus, 22% were given between $5K... [download for more]