IT paychecks have suffered in the economic downturn, with a generally flattening effect over the last few years. James Maguire reports on the small ray of sunshine in IT salary levels.
Also see: The 2010 IT Salary Guide
The good news: the The 2011 IT Salary Guide demonstrates that IT salary levels are once again headed upward.
The 2011 IT Salary Guide indicates some respectable boosts in average salary. Lead applications developers get a 4.7% increase and software engineers enjoy a 4.1% boost in paycheck. Okay, so IT managers move up a ho-hum 2.5% and project managers rise 2.8%, but Web developers jump 4.6% and System Security Admins levitate a healthy 4% (seems like security is always hot).
The bad news: these rising IT salary numbers are merely compensating for last year’s 2-4% decreases. So alas, the net effect is that IT salaries are essentially flat over the last year or so. Yes, times are tough.
Still, IT remains one of the better-paid fields, and a multi-year look at the salary numbers bears this out. Between 2007 and 2008 – the tail end of the boom years – IT salaries rose an impressive 5.3%. And between 2008 and 2009, before the downturn squeezed IT, paychecks trended upward 3.7%.
Read the rest at Datamation.