In calendar year 2021Mean Compensation for all IT Pros was up only 2.05% - After the shutdowns salaries were flat as demand for IT Pros ground to a halt. Preliminary data shows that IT salaries are set to explode in 2022.
Findings of IT Salary Survey are:
Mean Compensation for all IT Pros 2022 is $96,667 up by 2.05% from January – Over 115,000 IT positions were added in the past four quarters
Salaries for IT Professionals are not keeping up with inflation for staff and middle managers
Salaries for IT Professionals in aggregate rose just over 2% in the calendar year 0f 2021
Pandemic has altered the IT Job Market profoundly. Work From Home is here to say for many IT professionals and many individuals have opted out of going back to their original employers
Retirements of IT Professionals has increased as more “Baby-Boomers” opt-out of returning
116,000 IT professionals were laid-off or terminated because of the Covid-19 shut-downs
In June, the loss of IT jobs was halted, and general hiring of IT Professionals resumed
Total mean compensation for all IT Professionals increased from $94,729 to $96,667
Most of the salary increases were at the executive management levels in large corporations and in both executive management and middle management in Mid-sized enterprises.
Consultants who augment IT Staff and skills are beginning to re-appear in many enterprises
Demand has remained highest for IT professionals who support security, Work From Home (WFH), and e-commerce
KPI metrics are the focus of C-Level management to understand and manage WFH employees.
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