Apr 12

For the first time ever in the past 11 years of the U.S. IT Salary Survey performed by InformationWeek, the mean raise in the salaries of IT professionals in 2010 is 0%. The survey was conducted on the 20,492 IT professionals who responded to the survey between the time period of November and January. The pay found in the survey rightly holds true for the staffers, contractors, consultants and their IT managers that includes both, the compensations and basic salaries. This IT salary freeze is the basic symbol for the recession seen this year.

According to the survey, a deep recession in the IT field is a certainty based on the data attained. The data highlights a few issues which are mentioned here:

* In comparison to 26% pay freeze in 2009, 40% IT professionals have reported a pay freeze.
* Just 6% of the professional had a pay cut in 2009 as compared to 15% cut this year.
* Only 17% pros had their benefits scaled back in 2009 which has shot up to 29% this year.
* In 2009, about 34% of the experts surveyed stated confidently that they were not affected by economy. However, this year only 23% of the professionals claim a professional stability despite the dwindling economy.

World and around, IT is believed to be one of the best paying profession. The managers in the profession have a mean salary amount around $103,000, while their total compensation is counted to be $111,000. On the contrary, the staffers in the IT business have a mean salary of $81,000 and their compensation reaches $85,000. This indicates the vast pay difference due to the industry and skills of the professionals. However, the most decently paid staffers in the IT era continue to be the IT architects with their total pay of around $100,000. Well, the stagnant pay in the industry has severely raised concerns regarding the staffing issues.

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