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April 11, 2011

IT Staff Pay Expected to Rise in 2011

According to a recent survey by TEKsystems, nearly 60% of companies expect to increase IT staff salaries in 2011.  The highest salary increases are expected for Project Managers, Security Managers, Database Administrators, and Enterprise Architects. 

The survey also reported that the majority of IT decision makers expect project needs to increase during the first half of 2011.  Almost half of survey respondents also indicate that permanent hiring needs will be increasing over the next six months, which seems to go hand in hand with the anticipated increase in IT salaries.  The results suggest that companies are aware of increased competition for specialized skills and that they are willing to invest to retain top talent.

The list below contains the top IT projects on the plate for the next 12 months:

IT Project

% of Companies Planning to Implement in 2011

Mobile Applications


Business Intelligence


Virtual Desktop


Unified Communications


Software as a Service (SaaS)


In order to complete these initiatives, survey participants indicate a mix of training current staff vs. hiring contract workers.  The entire report is available online at


March 14, 2011

Good News for 2011 College Graduates

Filed under: Compease,Compensation,Salaries & Pay7:52 am

Some good news to report for 2011 college graduates!  A survey conducted by the National Association of Colleges and Employers (NACE) shows a 3.5%  increase in the average starting salary, reported as $50,034,  as compared to 2010.   The following career areas were reported to be top in terms of growth:

  • Public and private accounting
  • Consulting
  • Financial / treasury analysis
  • Sales
  • Investment banking
  • Management trainee positions

Additionally, employers ranked the top candidate skills and qualities they are looking for.  Not surprisingly, communication tops the list: 

  1. Verbal communication
  2. Strong work ethic
  3. Teamwork skills
  4. Analytical skills
  5. Initiative


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