2007 IT Salary & Skills Report

"The rate at which your salary increases is proportional to the extent that you take personal responsibility for your continued education."

"Specific technical skills are less important than the more management-focused communication and planning skills."

These are two conclusions reached from a survey of more than 1,600 information technology (IT) professionals. The survey focused on two key areas: salaries and skills.

Salaries

The survey listed 17 technology job functions.

The average survey respondent had the following profile:

• base salary exceeds $71,000
• more than half received a bonus last year averaging nearly $4,000
• age: 42
• experience: 11 years in IT

The average salary for Web/Internet developers is $63,800.

Skills

The number one concern of survey respondents:

• keeping up with skills

This concern rated higher than any of the following responses:

• IT compensation
• IT job market
• Job security
• Outsourcing

More than 60% of respondents attended training within the past nine months. To demonstrate how important technology professionals feel about keeping up with technology skills, nearly 20% paid for their own training!

Some employers are more generous with time off for training than others:

• no training time off (31%)
  
• one week of training (38%)
• more than one week of training (31%)

Nearly two thirds of employers paid all training expenses, in addition to providing paid time off.

To learn more about the factors that impact compensation for technology professionals, access 2007 IT Salary and Skills Report from Global Knowledge.