02 Jul Study: Tech's six-figure salaries are shrinking
The salaries of IT managers are retreating, and those who are most affected by the trend are managers running technology operations at midsize companies with less than $500 million in annual revenue, according to a semi-annual study from Janco Associates Inc.
From January 2007 to this month, the median compensation, including bonuses, for a CIO at a midlevel company with less than $500 million in annual revenue fell from $171,755 to $162,937, a decline of 5.13%. In the same period, chief security officer salaries moved from $148,117 to $143,284, a 3.26% decline. IT planning directors took the biggest hit, falling from $115,434 to $97,588, or 15.46%.
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