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Information Week: Big bucks dry up

Another “end of an era” piece?…

After years of pay increases and multiple job offers, IT managers face an 8% decline in total compensation and IT staff a rollback of 11% from 2001, according to InformationWeek Research’s 2002 National IT Salary Survey of more than 10,000 IT professionals. That’s a painful reversal after last year’s gain of 10% for managers and 8.5% for staff, and it sends total pay back to around the 2000 level. Taking inflation into account, IT pros are worse off than they were two years ago.

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