Press Release Summary: Janco and eJobDescription.com have confirmed that high pay jobs within the IT function are targeted as those which are most often targeted for outsourcing when companies outsource - especially when then outsource outside of the United States.
Press Release Body: FOR IMMEDIATE RELEASE
High Paying IT Jobs Are Outsourced
Janco and eJobDescription.com have confirmed that high pay jobs within the IT function are targeted as those which are most often targeted for outsourcing when companies outsource - especially when then outsource outside of the United States. This information was captured during the data capture and interview process of the semi-annual IT Salary Survey and a review of the materials contained within the \"Practical Guide for IT Outsourcing\".
Janco has also found the IT compensation is up slightly for most positions in the Information Technology function. Victor Janulaitis, the CEO of Janco said, \"Hiring is up across the nation as companies begin to focus on business expansion with an cautious eye towards the economy.\"
The summary findings in Janco 2008 IT Salary Survey are:
1. The mean compensation (which includes bonuses) for all executive IT positions surveyed now is $143,847 in large enterprises and $128,730 in mid-sized enterprises. (Large enterprises have over $500 million in revenue and mid-sized have are $100 to $499 million in revenue).
2. Hiring demand has increased for executives (especially in mid-sized enterprises). In the last twelve (12) months the greatest increases in compensation were at the executive levels of large enterprises.
3. CSOs (Chief Security Officers) executives are in high demand in large as well as line IT executive management in enterprises of all sizes.
4. The mean compensation for Chief Information Officers (CIOs) in mid-size enterprises has decreased with a significant increase in demand. This typically means that enterprises feel their existing CIO are not worth what they are being paid and they are willing to hire new CIOs at significantly higher levels of compensation that will be worth the additional cost.
5. The positions in the highest demand are at the executive levels of mid-size enterprises with the focus continuing to be line operations and mandated security requirements such as Sarbanes-Oxley, HIPAA and PCI.
6. Mid-sized enterprises are searching for Network Control Analysts, Systems Programmers, Production Control Analysts, Change Control Analysts, and Web Analysts.
7. In mid-sized enterprises the mean total compensation has moved risen slightly from $75,076 to $75,362. At the same time in large enterprises the median compensation has also moved up from $80,078 to $81,631.
8. Baby boomers' are now starting to retire.
9. The new target top compensation CIOs now is over $2,000,000 a year (data source SEC filings of public corporations) continues to increase.
A free summary of the IT salary survey can be found on the Janco web site http://www.e-janco.com.
Janco is Mountain States based consulting firm that publishes the HandiGuide® series of book used by IT, HR and other professionals as the source of information on topics from PC Polices to job positions and responsibilities. In addition to its electronic book and survey publishing, Janco also publishes award winning business software.
Media Manager http://www.e-janco.com 435 940-9300 x 101 Park City, UT
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Web Site: http://www.e-janco.com
Contact Details: Media Manager http://www.e-janco.com 435 940-9300 x 101 Park City, UT
2022
