By Denise Dubie
CSOs are seeing the most significant increases in pay this year, while
IT professionals in general are experiencing minor increases in
compensation, according to a new survey.
Janco, a management consulting firm, revealed in its mid-year salary
survey that on average CSOs earned more than 8% over last year's
compensation figures, growing their total compensation from $141,154 to
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"CSOs are in high demand in enterprise of all sizes as shown by hiring
demand and overall increases in compensation," the report reads.
The survey also found that executive IT professionals in large
enterprises earn $143,243 on average, while those in mid-sized companies
bring home $127,439 annually. Janco defines large enterprises as those
having more then $500 million in revenue and mid-sized enterprises as
those with between $100 million and $499 million in revenue.
For all positions surveyed, the mean total compensation started to move
up just slightly at less than 1% in the last 12 months. In mid-sized
enterprises the mean total compensation fell less than 1% from $75,096
to $74,806, but in large enterprises the survey found total compensation
increased by close to 2% from $81,078 to $82,498.
Total compensation for CIOs remained flat across all enterprise
companies, generally between $174,979 and $169,504. Yet the mean
compensation for CIOs in large enterprises increased by close to 5% from
$169,601 to $177,433, the survey found.
While hiring is slowing in large enterprises, positions will begin to
open at mid-sized enterprises, Janco predicts, as fourth quarter
compensation within those companies indicates demand is growing. Janco
says there is demand for those with skills in networking, voice,
wireless, Internet, data security and data warehousing technologies.
"Hiring is up across the nation as companies begin to focus on business
expansion," said Victor Janulaitis, CEO of Janco, in a company press
(c) Copyright 2007 Network World Inc.
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