IT Salary Survey 2007 released by ComputerWorld – 3.7% average

Date: Tuesday November 13, 2007
Posted in: Blogging,Technology

Does a yearly average 3.7% of salary increment consider good for those who works in IT related fields? The recent report published by ComputerWorld shows that there is an yearly average of 3.7% salary increment for IT personals.

salary

To me, this does not seems to be a interesting figures, compared to our inflation rates! Prices increased over fuel and food make our spending power lesser and lesser. With the 3.7% i personally think that i will only cover to cost for prices increase. Means that no increment actually!

I would aspect an yearly increment of 10-15% but which is not true! The increment rates in most companies i know (including the one I’m currently working for) only have an increment of around 5-10%. Which i think the survey is accurate. Promotion to a senior level if the only way you can deserve an increment over 10%.

Expense our resources of income is the only way to overcome this problem and blogging is definitely one of my extra stream of income. Let’s work towards this…..

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    My own salary has going up 50% in since last year, but that’s because I was out of work 5 months last year.

    Don’t let that 10% carrot fool you. Most of the time you’ll be shown the door before you get there. In my experience 2-3% is the average salary increase per year in IT positions. The only time I’ve seen it better than this was during the dotcom boom years.

    IT as a career kind of sucks. I wrote about it on my software development blog in this post: Should You Pursue a Career in Programming?

    Comment by Frank C on November 13th, 2007 @ 7:26 am

    Frank,

    Thanks for your sharing.

    Comment by newopps on November 15th, 2007 @ 2:09 am

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