Sunday, June 04, 2006

Boston Market -- June

Average IT workers are doing well financially in America. Average is good enough to earn $73,000 as an IT staffer. If you have management expertise then average is good enough to earn $99,000 as an IT manager. These figures represent salaries (and bonus, if applicable) and do not reflect the value of benefits which can add an additional 30% beyond salary. These findings are summarized in the InformationWeek Research's National IT Salary Survey, an annual query of more than 10,000 technology professionals.

The lowest-paying IT jobs are in the following categories:

Job titles matter. If you want to earn a six-figure income work your way into a job title that includes one of the following:

If you are manager the largest pay packages includes that following job functions:

Charts are available to graphically represent the compensation for staffers and managers in the most common IT functions. Compensation for Web design and development averages $64,000 for staffers and $88,000 for managers. How does your pay check compare?

So, what do you do if you want to enjoy a bigger pay day? Here are three options to consider:

"Technology is integrated into all aspects of business, which means technical aptitude alone will not suffice for IT candidates," according to a representative of Robert Half Technology. Their national poll of more than 1,400 CIOs from large companies reveals that forty-one percent said they are placing greater emphasis on job candidates’ knowledge of business fundamentals. To be competitive in today's IT marketplace technology workers need basic business proficiency in finance, marketing and management.

So, here's the training recommendation for June:

In order to earn more you have to learn more. What you learn this month will be reflected in what you earn next month and beyond.

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