Tech Professionals See Little Salary Improvement

Tech workers, on average, garnered salary increases of about one percent (0.7%) to $79,384 from $78,845 in 2009, after receiving a similar increase the previous year.  However, nearly half of those surveyed (49%) received a salary increase in 2010 compared to just 36% who saw raises in the previous year.    

According to a press release, more technology professionals received bonuses: 29% compared with 24% of respondents in 2009.     

Tech professionals expressed slightly more satisfaction over pay than last year, with 50% “somewhat” or “very satisfied,” an increase from 46% of respondents who felt that way last year.  Still, nearly four out of ten technology professionals anticipate they could make more money if they change employers in 2011, the announcement said.    

Those professionals (24%) who felt switching employers would not increase their pay, on average, earned nearly $13,000 more than those who anticipate finding higher salaries elsewhere.  

The survey indicates wages have been reset lower for technology professionals who are entering the field.  For the second straight year, the average salaries of technology professionals with less than two years experience have declined, and are 6% below their peak average wages in 2008.  

Technology professionals on average earned $88,075 working for companies in excess of 5,000 employees, while the smallest companies (50 or fewer employees) paid on average $69,658 to their technology workers.  As for skills, those with annual wages of $100,000 or more were technology professionals with experience in Advanced Business Application Programming ($105,887), Informatica ($101,898), Extract Transform and Load ($100,983) and Service Oriented Architecture ($101,827).