Median salary for IT pros now over $103,000

IT Salaries rise by 3.28% in the past 12 months - Project Manager and Chief AI Officer added to Janco Mid-Year 2024 IT Salary Survey.

Even with an unemployment rate of 5% for IT Pros, the median base salary for IT Pros is now $100,399, and the total comp is $103,692.

Major Findings

• Many IT organizations have eliminated or automated functions so there is less of a requirement for “entry-level” and “low-skill” level positions.

• Base salaries for all IT Pros increased by 3.82% - now $98,625.

• Median compensation (including bonuses and fringe benefits)  for IT Pros in large enterprises is $105,845 with executives' median of $184,354.

• Salaries for IT Professionals rose 3.28% in the past 4 quarters – less than the annualized inflation rate.

• With bonuses and fringe benefits, CIOs fared the best as their total compensation increased by 7.48% in large enterprises and (% in mid-sized enterprises.

• Salary compression is occurring as “new hires” are offered salaries at the top end of the pay ranges for existing positions – often paid more than current employees in the same position

• Attrition rates in mid-sized enterprises are rising faster than in large enterprises.

• Salary levels in mid-sized enterprises are rising faster than in large enterprises 5.46% versus 2.56%

• Demand has remained highest for IT professionals who support artificial Intelligence, security, Blockchain, and e-commerce

• Staffing and retention continue as a primary priority of C-level management

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Chief AI Officer and Project Manager AI Salaries