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Press
Release - June 07, 2005
   
Median Compensation For IT Executives
Is Reported At $140,760
Park City, UT –
Median Compensation for IT Executives in large enterprises is reported at
$140,760 in the Janco 2005 mid-year IT Salary Survey. The survey was
released on the Information Technology Productivity Center (ITPC) web site (http://www.itproductivity.org
).
The study reports that the
median compensation for enterprises with revenues over $500 million for IT
middle managers is $76,981 and for technical staff members is $64,247. For
enterprises with revenues of $100 to $500 million total compensation for IT
executives is $124,472, middle managers is $75,194 and for technical staff
members is $59,574. The study was conducted in the second quarter of 2005
and more information is available at
http://www.itproductivity.org/Salary.htm. In addition the ITPC provides
a free summary copy of the study which can be viewed via the Internet.
Victor Janulaitis, Janco’s
CEO said, “Compensation for IT professionals has increased slightly in the
past six months. Hiring has remained relatively flat, but we are seeing an
increase in demand for IT professionals with extensive production and
operations experience.” In adding he said, “Janco’s forecast for the next
six months for compensation is that it will increase as will hiring demand.”
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