CIO - Job Description - Salary - IT - News
Highest Paid CIOsOctober 17th, 2016
Highest Paid CIOs
The top salary for a CIO last year was $13.5 million. Tim Theriault of Walgreens Boots Alliance was the lucky winner. His base salary and bonus was $1.4 million. He recieved $12.1 million in the form stock, options and "other compensastion.
Multiple salary surveys are a must for compensation managementOctober 17th, 2016
Multiple salary surveys are a must for compensation management
The HR and IT function should be collecting as much data from reputable sources as possible - that means typically three salary surveys that have good coverage of an industry or geography. One way is to participate more salary surveys to qualify for discounts, increase networking with peers in other companies, and get a better range of results than you can get with a single surve.
It is the CIOs and HR's responsibility to effectively manage the organization's investment in salary surveys. It is important to always have an idea of what products are out there. By gathering more data, you'll be equipped to establish whether a particular survey is consistently higher or lower than another for similarly defined jobs. Despite a constantly changing workplace where jobs rapidly change or don't exist at all, survey data continues to be a mainstay for effectively managing compensation.more info
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?
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.
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."- more info
IT hiring kit is a winner for successful CIOsAugust 14th, 2016
IT hiring kit is a winner for successful CIOs
When 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.more info
Demographic changes make it more difficult to hire the right peopleAugust 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.more info
Telecomputing is on the riseJuly 19th, 2016
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.more info
Executive IT Salarys upJune 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.more info
IT graduates hit good job marketJune 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.more info
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.
New overtime pay rules releasedMay 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.more info