IT Salary Tracker: Silicon Valley, pre-IPO

“Pre-IPO! Incredible stock options!” “Consulting engineer wanted–new start up!” “IPO fever!!” The language is familiar to any IT pro who has logged time on Internet job boards. And nowhere is the start-up frenzy more unrestrained than in Silicon Valley, bastion of aspiring high-tech firms and dot-coms. Dice.com, Datamation’s sister site and an online job board for IT professionals, contained 147 listings which used the words “IPO” or “start-up” in their job description in April 2000. That’s a whole lot of potential untold riches, or according to the bears among us, a gaggle of empty promises.

Managers and project leaders were offered higher salaries than other job types, at an average of $116,000 per year. The top-of-the-heap salaries were $150,000, with the top 12 salaries all coming in over $125,000. Software engineers were the most wanted IT pros, commanding 29% of all start-up jobs in Silicon Valley.

Results are based on averages or totals from the following information at dice.com: job titles, job skills, and locations. Benefits are not included in compensation listings.

Highest salary by job type (average):
Manager/Project leader, $116,000 yearly salary

Top salary:
Manager/Project leader, $150,000 yearly salary

Highest demand by job type:
Software engineers, 29%

Chart data compiled by Laurie Souza.

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