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Are men paid $10K higher than women for the same job?

August 17th, 2016

Are men paid $10K higher than women for the same job?

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Men in IT earn a median of $82,370 a year compared to $72,035 for women, according to new data by the U.S. Census Bureau.

The Census Bureau didn't offer any theories about the wage gap highlighted in its data, but the raw numbers may not tell the real story, according to Victor Janulaitis, CEO of Janco Associates, an IT workforce research firm.

In terms of IT, women now have more management positions than at anytime in the past, said Janulaitis. Of the largest 1,000 corporations, more than 19% of the CIOs were women, according to his data.

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In terms of the wage disparity, Janulaitis notes that the census bureau deals with averages. "Many of the entry-level positions in IT are taken up by women who are 're-entering' the IT labor force after they have started a family," said Janulaitis. "In our surveys and analysis of compensation, we find no correlation between gender and compensation. Rather, the contributor to compensation is length of time in a position or with a company."

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IT hiring kit is a winner for successful CIOs

August 14th, 2016

IT hiring kit is a winner for successful CIOs

IT Hiring KitWhen CIOs are given the task to fill open positions, they need to act fast so thier organization doesn't lose productivity and money while you weed through a sea of unqualified résumés. Many CIOs turn to Janco Associates IT Job Descriptions and it IT Hiring kit to make thier lives easier and find the right talent in less time. As the IT focused hiring took kit, Janco brings recruiting, compensation and benefits professionals all the tools they need.

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Demographic changes make it more difficult to hire the right people

August 7th, 2016

Companies face demographic change as Baby Boomers continue their steady departure from the workplace. At the same time, recruiting and retaining employees to work in large companies is becoming more difficult as freelance and entrepreneurial ventures become more popular, especially among Millennials.

IT Job Family Classification System HandiGuide - This HandiGuide provides a step by step methodology and architecture to define job families and and align them with pay grades.

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Telecomputing is on the rise

July 19th, 2016

Telecommuting on the riseTelecomputing is on the rise

More Americans tele-computing and working longer hours from home and on the road.

The BLS found that 24% of all U.S. workers did some or all of their work from home last year, compared with 19% who worked from home in 2003.

Management, business and financial occupations led all categories of remote workers, at 38%, with those working in the professions right behind at 35%.

Not only are there more Americans working from home, but the average time they do so has increased, up 40 minutes to 3.2 hours a week in 2015.

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Executive IT Salarys up

June 24th, 2016

Executive IT Salarys up more than staff salarys according to preliminary results of the mid-year Janco IT salary survey

The gap between the pay of IT executives and rank-and-file workers widened once again in 2015, according to the annual compensation survey from Janco Associates.

Among 243 respondents with titles including CIO, CTO, VP IT, and IT Director the average base salary was up 4.0% from 2014.

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IT graduates hit good job market

June 16th, 2016

IT graduates hit good job market

Widespread demand for talent at all levels, not just at the entry level. IT unemployment is around 2.5%, and 80% of IT professionals are willing to listen to [offers for] new job opportunities, even when they're happily employed. So there's this huge talent gap, this huge supply-and-demand chasm out there, where you just can't get enough of the IT talent you're looking for.

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Is a recession around the corner?

June 5th, 2016

Is a recession around the corner?

The IT job market does not look good with the loss of 27,700 jobs in May.

Is a recession around the corner

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New overtime pay rules released

May 20th, 2016

New overtime pay rules released

The U.S. Department of Labor released its revised  overtime rules. The exempt salary threshold level will increase from the current minimum of $455 per week, or $23,660 a year, to $913 per week, or $47,476 annually.

Salary Survey Job Descriptions IT Job Families IT Hiring Kit Interview Guide

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Education Matters

May 11th, 2016

Education Matters

The higher the level of education, typically the greater is the compensation and lower the unemployment rate is.

Education Matters

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Staff retention will be key to success

May 2nd, 2016

Staff retention will be key to success

Staff RetentionCash is king for retaining top talent. Short-term incentive design is a complex process with many variables to consider. Although a cost-effective approach for motivating executives, your plans must strike a balance between sustainable value sharing while keeping ethics and pay equality in check.

CIOs need to strengthen thier expertise of short-term incentive plan design and strategy. To help avoid misalignment, CIO must gain insight on how to identify and weigh critical factors unique to thier business, staffing needs, and staff retention.

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