IT Workers Say Updating Skills is Top Priority for 2009
NEW YORK, Jan. 21 /PRNewswire/ -- Technology professionals are seeing a
spike in salary increases despite a recessionary economy, according to the
2008-09 Annual Salary Survey from Dice, the leading career site for technology
and engineering professionals. Gathering the responses of more than 19,000
technology workers between August and November 2008, Dice tracked a 4.6
percent increase in average pay from the previous year to $78,035.
The top worries for technology professionals in 2009 are keeping skills up
to date (22 percent), job elimination (20 percent), lower salary increases (14
percent), cancelled projects (12 percent) and increased workload due to staff
cuts (10 percent). Supporting this theme, Dice reports a 67 percent increase
in the number of new resumes posted to its site in the fourth quarter (year
over year). Given that the majority of technology professionals who utilize
Dice are currently employed, such "passive job hunting" indicates greater
anxiety about the job market.
Still, individuals with specific training and capabilities received
outsized raises in 2008: for example, Security Analysts saw increases of 8.4
percent, Software Engineers were up 7 percent, and Applications Developers
enjoyed 6.6 percent raises.
"That average tech salaries are rising even as the economy falls reveals
how much has changed since the dot-com days," said Tom Silver, SVP & CMO, at
Dice. "Today many technology professionals are seen as core assets where they
work. As they enhance their skills, they'll need to align those efforts with
the market's shifting demands. However, over the long-term, updating and
broadening one's skill set is the key to continued salary gains."
Additional findings of the survey include:
- In major technology centers, IT salaries are up 5.8 percent in New
York, 3.8 percent in Chicago, 3.6 percent in both Silicon Valley and
Washington, D.C., and just 0.4 percent in Dallas/Fort Worth.
- By metropolitan area, smaller, less traditional tech markets such as
Charlotte saw the biggest salary increases, up 14.7 percent to
$81,426, followed by St. Louis, up 12.5 percent to $72,819.
- Topping the compensation/skill set list are workers in the areas of
ABAP - Advanced Business Application Programming ($106,975), ETL -
Extract Transform and Load ($102,364) and Business Intelligence
databases ($101,585).
- Project managers earned, on average, $103,424 in 2008, the highest
earning title outside of top technology executives. Those workers,
often holding CIO and CTO titles, earned an average of $111,998 in
2008.
- On an industry-by-industry basis, technology professionals in the
Computer Hardware field received average raises of 9.4 percent to
$77,387. Salaries in the Internet Services industry were boosted by
8.8 percent to $77,819. Retail/Mail Order/E-Commerce and
Government/Defense fields were allotted the smallest raises, up 2.4
percent and 3.4 percent, respectively.
- Women technology professionals, as a group, earned 12% less on average
than men. However, when comparing women IT professionals with their
equivalent male counterpart (controlling for years of experience,
education levels and job titles), the so-called gender gap
disappeared.
Dice Salary Survey: Methodology
The Dice Salary Survey was administered online with 19,444 registered Dice
job seekers and visitors responding between August 27 and November 15, 2008.
Respondents were invited to participate in the survey through a notification
on the Dice home page, and registered job seekers were sent an email
invitation. A cookie methodology was used to ensure that there was no
duplication of responses between or within the various sample groups, and
duplicate responses from a single email address were removed.
Table 1: Technology Salaries Previous
Year
2005-06 2006-07 2007-08 2008-09 % Change
------- ------- ------- ------- --------
U.S. Average $69,700 $73,308 $74,570 $78,035 4.6%
By Industry:
Bank / Financial /
Insurance $76,092 $82,504 $82,961 $87,257 5.2%
Computer Software $74,730 $77,582 $79,756 $84,094 5.4%
Telecommunications $72,430 $78,003 $77,312 $81,006 4.8%
Medical /
Pharmaceutical $71,714 $72,717 $74,689 $79,928 7.0%
Government /
Defense $69,078 $75,086 $77,187 $79,843 3.4%
Manufacturing $66,732 $71,878 $73,470 $77,864 6.0%
Internet Services $65,426 $71,854 $71,538 $77,819 8.8%
Computer Hardware $66,462 $69,987 $70,740 $77,387 9.4%
Retail /
Mail Order /
E-Commerce $55,909 $63,830 $66,782 $68,394 2.4%
By Job Title:
IT Management $102,326 $106,272 $107,830 $111,998 3.9%
Project Manager $93,009 $96,475 $101,292 $103,424 2.1%
MIS Manager $82,824 $82,510 $88,934 $93,318 4.9%
Software Engineer $78,807 $83,524 $84,122 $90,031 7.0%
Database
Administrator $81,301 $85,441 $85,092 $89,742 5.5%
Developer:
Systems $72,732 $78,476 $88,361 $87,211 -1.3%
Security Analyst $74,837 $79,411 $80,052 $86,778 8.4%
Business Analyst $77,158 $82,288 $84,101 $85,933 2.2%
Developer:
Applications $73,636 $78,037 $79,421 $84,672 6.6%
Developer:
Database $73,768 $79,911 $83,163 $84,176 1.2%
Developer:
Client/Server $75,941 $74,602 $78,173 $78,560 0.5%
Programmer/Analyst $65,174 $69,757 $71,623 $74,851 4.5%
Technical Writer $68,125 $73,094 $73,133 $73,762 0.9%
Network Engineer $65,122 $67,202 $68,391 $72,496 6.0%
Systems
Administrator $63,698 $64,917 $66,388 $70,307 5.9%
Metropolitan Area (by largest annual increase):
Charlotte n/a n/a $70,985 $81,426 14.7%
St. Louis n/a n/a $64,715 $72,819 12.5%
Pittsburgh n/a n/a $58,221 $65,135 11.9%
Portland, OR n/a n/a $71,182 $77,801 9.3%
Baltimore $68,161 $70,170 $70,590 $77,079 9.2%
Metropolitan Area (by highest salary*):
Silicon Valley $85,430 $90,310 $93,876 $97,259 3.6%
Washington D.C. $77,064 $81,957 $83,788 $86,841 3.6%
Los Angeles $73,911 $79,583 $81,039 $86,766 7.1%
New York $76,382 $80,006 $80,770 $85,452 5.8%
Boston $79,211 $80,308 $83,465 $84,627 1.4%
Seattle $73,105 $79,787 $79,636 $82,514 3.6%
San Diego $72,163 $79,416 $75,994 $82,302 8.3%
Austin, TX n/a n/a $76,605 $81,833 6.8%
Sacramento $72,355 $75,197 $83,410 $81,193 -2.7%
Denver $74,823 $77,317 $77,846 $80,646 3.6%
Chicago $71,496 $75,154 $76,407 $79,320 3.8%
Philadelphia $71,881 $72,786 $74,442 $78,860 5.9%
Atlanta $73,684 $72,323 $74,822 $78,036 4.3%
Hartford $72,265 $71,796 $73,372 $77,584 5.7%
Phoenix $70,023 $74,976 $71,246 $77,303 8.5%
Dallas/Ft. Worth $71,494 $74,656 $76,560 $76,836 0.4%
Houston $68,358 $71,526 $72,733 $75,199 3.4%
Miami n/a n/a $69,149 $74,448 7.7%
Kansas City n/a n/a $71,149 $73,647 3.5%
Detroit $64,154 $67,080 $67,271 $73,327 9.0%
* Excluding metropolitan areas that were provided under the largest
annual increase designation.
Table 2: Top 10 Average Salaries for Popular Skills and Experience
2008-09
-------
ABAP - Advanced Business Application Programming $106,975
ETL - Extract, Transform & Load $102,364
Business Intelligence $101,585
Informatica $101,337
ERP - Enterprise Resource Planning $99,332
Data Warehouse $99,323
SOAP - Simple Object Access Protocol $98,826
Korn Shell $98,517
JBoss $98,111
ITIL - Information Technology Infrastructure Library $97,863
Table 3: For 2009, what is the biggest concern you have about
your career?
Keeping Skills Up-to-Date / Being Valuable to Employer 22%
Position Elimination 20%
Lower Salary Increases / Lower Billing Rates 14%
Cancelled Projects / Fewer Projects 12%
Increased Workload (due to staff cuts) 10%
Increased Outsourcing 7%
Position Relocation 3%
No Concerns at this Time 12%
About Dice
Dice is the leading career site for technology and engineering
professionals. With an 18-year track record of meeting the ever-changing needs
of technology professionals, companies and recruiters, our specialty focus and
exposure to highly skilled professional communities enable employers to reach
hard-to-find, experienced and qualified technology and engineering candidates.
Dice Holdings, Inc. (NYSE: DHX) is the parent company of Dice, the leading
career site for technology and engineering professionals (www.dice.com);
eFinancialCareers, the leading global career site network for jobs and career
management for investment banking, asset management and securities
professionals (www.efinancialcareers.com); ClearanceJobs, the premier secure
job board focused exclusively on candidates with active or current U.S.
Government security clearances (www.clearancejobs.com); JobsintheMoney, the
leading targeted career site for accounting and finance professionals in the
United States (www.jobsinthemoney.com); and Targeted Job Fairs, the premier
producer of career fairs and open houses for technology and engineering,
accounting and finance, and security-cleared candidates nationwide
(www.targetedjobfairs.com).
For more information:
Dice Holdings, Inc.
Jennifer Bewley, 515-313-2086
jennifer.bewley@dice.com
- or -
Makovsky + Company
David Rosen, 212-508-9690
drosen@makovsky.com
Kona Luseni, 212-508-9684
kluseni@makovsky.com
SOURCE Dice
/Web Site: http://www.dice.com /
(DHX)