02 Jul Study: Tech's six-figure salaries are shrinking
Posted at 09:46h in Careers, Digest, IT 0 Comments
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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