IT salaries remained flat for two years says Dice survey, InformationCrossing finds 44,000 jobs.

January 20, 2011

Pasadena, CA — A report from Dice has revealed that most IT companies have held back giving raises for their employees in the last two years.

Dice, a technology job board, conducted an online poll of almost 20,000 employed IT workers across the country. The results showed that the average compensation went up by only 0.7% in 2010, from $78,845 to $79,385. The survey also showed that only 29% received a bonus in 2010.

Salaries for entry-level IT professionals went down by 6% compared to 2008 levels. The survey overall reveals that IT professionals are not very satisfied with the way things are going on in their firms. This is because 40% of the respondents said that they were ready to quit for a higher salary.

Silicon Valley emerged as the area with the highest average salary of $99,028. The Baltimore/Washington DC area was next with an average salary of $89,149. The high earners were most often found working in big companies or having highly specialized skills. The high earners by skills were the Oracle database experts and Java programmers, earning on average over $90,000.

InformationTechnologyCrossing, a job aggregator website for people in the IT industry, has seen a huge increase in the number of IT job postings. The site has been able to gather over 44,000 job postings in the last seven days.

Contact:
Roger Croft
Editorial Coordinator
InformationTechnologyCrossing
626-243-1814
rogerc@InformationTechnologyCrossing.com

About InformationTechnologyCrossing:
InformationTechnologyCrossing is part of the Employment Research Institute, one of the most powerful and comprehensive job search institutions dedicated to helping professionals find jobs that will enhance their careers. Employment Research Institute consists of 90+ industry-specific job boards which consolidate every job opening it can find in one convenient location. The website also offers a three-day free trial to new members.