Job Site Finds Salaries Up 2% In 2003Job Site Finds Salaries Up 2% In 2003
Salaries for IT professionals inched up in 2003, according to the online job site Dice's survey of 21,000 people.
After seeing average paychecks shrink in 2002, salaries for IT professionals inched up in 2003, according to a new report by Dice Inc., which surveyed 21,000 visitors to its online job recruitment site from January to December 2003.
The average IT salary in 2003 reached $69,400, up about 2% from $67,900 in 2002. This boost is a reversal compared with the previous year, when Dice's survey reported that average pay for IT pros fell in 2002 by about $500, to $67,900, from $68,400 in 2001.
Looking ahead, Dice president and CEO Scot Melland says 72% of Dice's employer clients plan to increase hiring during the first six months of this year. That's almost a complete reversal from the 70% in 2002 who said they'd be hiring less in 2003.
"The market has turned," Melland says. He believes employers, after focusing on more-seasoned new hires the last couple of years, are beginning to recruit more entry-level IT workers. Their average pay in the Dice survey rose 13% to $44,500 in 2003, from $39,200 in 2002.
For the second consecutive year, government and defense salaries showed the largest gains among all vertical sectors, increasing $2,600, or 4%, to $64,600.
Among nonmanagement IT job titles in 2003, systems developers and software engineers received the highest average annual salaries, at $83,200 and $81,400, respectively. Top-paying IT skills relate to SAP and PeopleSoft Inc. software, with full-time workers with that expertise earning $81,200 and $78,600, respectively.
Senior IT management, including VPs, chief technology officers, and CIOs, received an average salary of $104,000. Other top-earning management titles were project manager, at an average of $88,300 in 2003.
Apparently 2003 was also a better year for female IT professionals. While there was still an average pay gap of 11% between men and women IT pros, it narrowed from a 13% difference in 2002.
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