A mix of technical skills and business savvy earn the best paying jobs in IT right now. That and many other findings are published in the 2014 salary survey from Computerworld that recently polled more than 3,500 IT professionals. Here’s a look at trends in workers’ job and pay satisfaction, along with job security and stress levels.
Compensation and job security inch up
IT salaries continue to rise at a modest pace with pay increases for 2014 averaging 2.1%, according to the survey of 3,673 IT workers. Bonuses are up by an average of only 0.7%, slightly lower than the 0.9% increase seen in 2013.
On the bright side, companies are spreading pay increases among more IT workers. Some 60% of the respondents reported a raise, while only 8% reported a pay cut. That’s slightly better than last year, when 57% reported raises and 9% reported pay cuts, but well above 2012, when less than half reported a raise.
Hot, hot, hot
For the third year in a row, application development was the most sought-after skill, with 49% of all managers who expect to hire this year said it was on their wish list. Help desk and IT support skills ranked second, with 44% of managers expecting to fill jobs in those areas this year. Third place on the list of the most in-demand skills saw a tie between business intelligence skills and database analysis and development expertise, with 29% of hiring managers saying they planned to increase staffing in those areas.
Not surprisingly, some organizations are having a tough time filling jobs due to the increasing pay rates that these skills sets require.
If you’re in a role that will be impacted by emerging technology trends such as cloud, you must build that skill set out so you remain relevant and desirable to employers. The IT job market is quickly evolving. If both employers and employees don’t evolve with it, you’ll both be left in the dust.
The “Always On” mentality
The survey results also confirmed that the “always-on” mentality is prevalent in IT. A majority of 55% of the 3,673 respondents said they communicate “frequently” or “very frequently” with the office in the evening, on weekends and holidays, and even when they’re on vacation.
How many hours per week do IT professionals work on average? Only 31% work 40 hours or less, leaving the vast majority working longer hours than ever before. Here’s how the results break down.
- Less than 40 hours: 1%
- 40 hours: 30%
- 41-45 hours: 28%
- 46-50 hours: 25%
- 51-60 hours: 16%
See the entire set of salaries by job level, survey results and related articles at Computerworld.com.