IT wages stagnated in 2010

A recent survey by Global Knowledge, an IT and business training company, and on-line publisher TechRepublic concluded that “the stagnant economic environment held salaries in check for the IT profession.” According to the survey of over 12,000 participants, the average IT worker’s salary was down 3.1 percent year-over-year in 2010, but was up eight percent compared to 2008. The incidence of offering insurance coverage was incrementally down in 2010, while more direct cash benefits such as vacation and sick leave, along with 401k contributions, retirement and profit-sharing were noticeably down four or five percentage points.

Areas with the largest IT salaries are generally located in the northeast, with salaries in Washington, D.C. being highest at 22.6 percent higher than the national average of about $79,600. By sector, salaries were highest in pharmaceutical or bio-medical research followed by aerospace/defense, natural resources, IT consulting and VAR/ARE integration.

A major IT job board survey of nearly 20,000 technologists came to a similar conclusion about salary changes for 2010, finding that the average annual salary was $76,384, a different of less than $200 or 0.02 percent with the Global Knowledge/Tech Republic report.

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