By Kimberley Donoghue PBN Web Editor Twitter: @ kdonog
NEW YORK – Breaking a two-year streak of flat wages, technology professionals saw their largest salary growth since 2008, Dice.com’s 2011 Salary Survey revealed.
On average, tech professionals boosted their salaries by 2 percent, up to $81,327 from $79,384 a year earlier.
Bonuses had a “considerable jump” – up 8 percent to $8,769 and more people received bonuses – 32 percent compared with 29 percent in 2010. The industries that were most likely to pay out bonuses were telecom, hardware, banking, utilities/energy, and software.
Nevertheless, entry-level salaries “continue to be pushed downward,” the survey said. Those seeing salary increases generally had 11 or more years of experience.
The six-figure salary skill set included: Advanced Business Application Programming; Service Oriented Architecture; Extract Transform and Load; Weblogic; Java Database Connectivity; Unified Modeling Language; JBoss; and WebSpehere.
“This looks like a push towards enterprise java — with WebSphere, JBoss and WebLogic showing outsized gains,” said Alice Hill, managing director of Dice.com.
“Not to mention, a continuation of the trends we’ve seen toward tech professionals helping their companies gain more insight into their cost structures, customer behavior and emerging trends. If tech professionals spark companies to win by harnessing their data, that’s when the tech department is no longer seen as a cost center, but a strategic partner in meeting companies’ goals.”
PBN's annual Book of Lists has been an essential resource for the local business community for almost 30 years. The Book of Lists features a wealth of company rankings from a variety of fields and industries, including banking, health care, real estate, law, hospitality, education, not-for-profits, technology and many more.