Top IT leaders responding to a salary survey earned less in 2010 than in 2009, but most expect a pay hike this year. The latest CIO Salary and Careers Survey by SearchCIO.com also found that a sizable majority of IT professionals report that the mood in their organizations is optimistic. However, less than one in three are planning to hire IT staff this year, and one in four have current hiring freezes.
Those findings highlight the mixed tone of the results from a poll of 920 IT professionals, which also found wide variances by industry and position in the pay and pay-raise performance of IT leaders.
Expectations for the coming year are, however, decidedly positive. When divided by their positions in their organizations, 72 percent of senior IT executives, 65 percent of midlevel IT directors and 61 percent of IT managers rated the mood at their organizations as neutral or optimistic.
Those good feelings have yet to translate into efforts to boost IT staff, however. Just 31 percent of the senior IT executives polled said they were actively hiring. Meanwhile, more than a quarter (27 percent) have frozen hiring and another 14 percent are shrinking by attrition. Organizations in health care, financial services and the government were the most likely to be hiring.
The reported 2010 earnings of respondents averaged about $10,000 less than those from a similar survey done at the end of 2009, SearchCIO.com said. Some IT leaders did much better, however. In particular, average salaries for senior IT executives -- vice presidents, executive vice presidents, senior vice presidents, CIOs, chief technology officers and chief information security officers -- in financial services rose 15.2 percent in 2010 to $152,437. Across all industries, the same group of leaders averaged 1.7 percent raises, and earned an average of $148,380
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