Tech Salary Survey Results More Wages More Worried Dice

2008-09 Tech Salary Survey Results More Wages, More Worried: Dice Salary Survey Reveals Conflicted Job Market • IT Workers Say Updating Skills is Top Priority for 2009 • Average Tech Salaries Rise Even as the Economy Falls • Average Increase of 4.6 Percent is Greater Than the Previous Year’s Increase of 1.7 Percent 2008-09 Dice Tech Salary Survey Results More Wages, More Worried: Dice Salary Survey Reveals Conflicted Job Market Dice’s 2008-09 Annual Salary Survey of technology professionals found a spike in salary increases despite a recessionary economy. Gathering the responses of more than 19,000 technology workers between August and November 2008, Dice tracked a 4.6 percent increase in average pay from the previous year to $78,035. The top worries for technology professionals in 2009 are keeping skills up to date (22 percent), job elimination (20 percent), lower salary increases (14 percent), cancelled projects (12 percent) and increased workload due to staff cuts (10 percent). Supporting this theme, Dice reports a 67 percent increase in the number of new resumes posted to its site in the fourth quarter (year over year). Given that the majority of technology professionals who utilize Dice are currently employed, such “passive job hunting” indicates greater anxiety about the job market. foR 2009, WhaT iS The biggeST ConCeRn you have abouT youR CaReeR? Keeping Skills Up-to-Date / Being Valuable to Employer Position Elimination Lower Salary Increases / Lower Billing Rates Cancelled Projects / Fewer Projects Increased Workload (due to staff cuts) Increased Outsourcing Position Relocation No Concerns at this Time 22% 20% 14% 12% 10% 7% 3% 12% Still, individuals with specific training and capabilities received outsized raises in 2008: for example, Security Analysts saw increases of 8.4 percent, Software Engineers were up 7 percent, and Applications Developers enjoyed 6.6 percent raises. “That average tech salaries are rising even as the economy falls reveals how much has changed since the dot-com days,” said Tom Silver, SVP & CMO, at Dice. “Today 17% many technology professionals are seen as core assets where they work. As they enhance their skills, they’ll need to align those efforts with the market’s shifting demands. However, over the longterm, updating and broadening one’s skill set is the key to continued salary gains.” TeCh SalaRy SaTiSfaCTion — 2008-09 37% Very Satisfied, Avg. Salary $95,339 Somewhat Satisfied, Avg. Salary $83,728 Neither Satisfied Nor Dissatisfied, Avg. Salary $76,278 14% 12% 20% Somewhat Dissatisfied, Avg. Salary $68,469 Very Dissatisfied, Avg. Salary $55,179 4101 NW Urbandale Drive • Urbandale, Iowa 50322 • 1.877.386.3323 additional findings of the Survey include: • In major technology centers, IT salaries are up 5.8 percent in New York, 3.8 percent in Chicago, 3.6 percent in both Silicon Valley and Washington, D.C., and just 0.4 percent in Dallas/Fort Worth. • By metropolitan area, smaller, less traditional tech markets such as Charlotte saw the biggest salary increases, up 14.7 percent to $81,426, followed by St. Louis, up 12.5 percent to $72,819. • Topping the compensation/skill set list are workers in the areas of ABAP – Advanced Business Application Programming ($106,975), ETL - Extract Transform and Load ($102,364) and Business Intelligence databases ($101,585). • Project managers earned, on average, $103,424 in 2008, the highest earning title outside of top technology executives. Those workers, often holding CIO and CTO titles, earned an average of $111,998 in 2008. • On an industry-by-industry basis, technology professionals in the Computer Hardware field received average raises of 9.4 percent to $77,387. Salaries in the Internet Services industry were boosted by 8.8 percent to $77,819. Retail/Mail Order/E-Commerce and Government/Defense fields were allotted the smallest raises, up 2.4 percent and 3.4 percent, respectively. • Women technology professionals, as a group, earned 12% less on average than men. However, when comparing women IT professionals with their equivalent male counterpart (controlling for years of experience, education levels and job titles), the so-called gender gap disappeared. Dice Salary Survey: Methodology The Dice Salary Survey was administered online with 19,444 registered Dice job seekers and visitors responding between August 27 and November 15, 2008. Respondents were invited to participate in the survey through a notification on the Dice home page, and registered job seekers were sent an email invitation. A cookie methodology was used to ensure that there was no duplication of responses between or within the various sample groups, and duplicate responses from a single email address were removed. aveRage SalaRy by eMployMenT Type 2005-06 U.S. Average Full-time Workers Consultants Consultants (Base Rate Per Hour) $69,700 $67,919 $82,355 $50.93 2006-07 $73,308 $70,777 $89,718 $56.99 2007-08 $74,570 $72,003 $93,017 $59.08 2008-09 $78,035 $75,916 $97,992 $62.34 previous year % Change 4.6% 5.4% 5.3% 5.5% aveRage SalaRy by genDeR, 2008-09 Women Men % Women earn less U.S. Average Full-Time Workers Consultants $70,370 $69,014 $88,460 $80,357 $77,898 $101,173 -12.43% -11.40% -12.57% 4101 NW Urbandale Drive • Urbandale, Iowa 50322 • 1.877.386.3323 aveRage SalaRy by MeTRo aRea 2005-06 Silicon Valley Washington D.C. Los Angeles New York Boston Seattle San Diego Austin, TX Charlotte Sacramento Denver Chicago Philadelphia Atlanta Portland, OR Hartford Phoenix Baltimore Dallas/Ft. Worth Houston Miami Kansas City Detroit St. Louis Raleigh Tampa Columbus, OH Cincinnati Pittsburgh Cleveland $85,430 $77,064 $73,911 $76,382 $79,211 $73,105 $72,163 n/a n/a $72,355 $74,823 $71,496 $71,881 $73,684 n/a $72,265 $70,023 $68,161 $71,494 $68,358 n/a n/a $64,154 n/a n/a n/a n/a n/a n/a n/a 2006-07 $90,310 $81,957 $79,583 $80,006 $80,308 $79,787 $79,416 n/a n/a $75,197 $77,317 $75,154 $72,786 $72,323 n/a $71,796 $74,976 $70,170 $74,656 $71,526 n/a n/a $67,080 n/a n/a n/a n/a n/a n/a n/a 2007-08 $93,876 $83,788 $81,039 $80,770 $83,465 $79,636 $75,994 $76,605 $70,985 $83,410 $77,846 $76,407 $74,442 $74,822 $71,182 $73,372 $71,246 $70,590 $76,560 $72,733 $69,149 $71,149 $67,271 $64,715 $68,101 $69,547 $64,045 $68,936 $58,221 $65,045 2008-09 $97,259 $86,841 $86,766 $85,452 $84,627 $82,514 $82,302 $81,833 $81,426 $81,193 $80,646 $79,320 $78,860 $78,036 $77,801 $77,584 $77,303 $77,079 $76,836 $75,199 $74,448 $73,647 $73,327 $72,819 $70,023 $69,440 $69,260 $67,866 $65,135 $62,451 previous year % Change 3.6% 3.6% 7.1% 5.8% 1.4% 3.6% 8.3% 6.8% 14.7% -2.7% 3.6% 3.8% 5.9% 4.3% 9.3% 5.7% 8.5% 9.2% 0.4% 3.4% 7.7% 3.5% 9.0% 12.5% 2.8% -0.2% 8.1% -1.6% 11.9% -4.0% aveRage SalaRy by Region 2005-06 2006-07 2007-08 2008-09 Pacific (AK, CA, HI, OR, WA) New England (CT, ME, MA, NH, RI, VT) Mid. Atlantic (NJ, NY, PA) South Atlantic (DC, DE, FL, GA, MD, NC, SC, VA, WV) Mountain (AZ, CO, ID, NM, MO, UT, NV, WY) South Central (AL, AR, KY, LA, MS, OK, TN, TX) North Central (IA, IL, IN, KS, MI, MN, MO, ND, NE, OH, SD, WI) $77,314 $75,514 $71,393 $68,579 $67,255 $63,751 $63,240 $82,247 $77,467 $74,199 $72,249 $71,870 $66,768 $66,472 $83,569 $79,585 $76,236 $73,839 $70,268 $69,084 $68,013 $87,415 $82,126 $80,321 $76,362 $75,198 $72,071 $71,096 previous year % Change 4.6% 3.2% 5.4% 3.4% 7.0% 4.3% 4.5% 4101 NW Urbandale Drive • Urbandale, Iowa 50322 • 1.877.386.3323 aveRage SalaRy by Job TiTle 2005-06 2006-07 2007-08 2008-09 previous year % Change IT Management (CEO, CIO, CTO, VP, Dir., Strategist, Architect) Project Manager MIS Manager Software Engineer Database Administrator Developer: Systems Security Analyst Business Analyst Developer: Applications Developer: Database Developer: Client/Server Programmer/Analyst Technical Writer Network Engineer Systems Administrator Web Developer/Programmer Quality Assurance (QA) Tester Network Manager Technical Support Desktop Support Specialist Help Desk $102,326 $93,009 $82,824 $78,807 $81,301 $72,732 $74,837 $77,158 $73,636 $73,768 $75,941 $65,174 $68,125 $65,122 $63,698 $61,261 $64,486 $58,434 $47,259 $42,204 $37,397 $106,272 $96,475 $82,510 $83,524 $85,441 $78,476 $79,411 $82,288 $78,037 $79,911 $74,602 $69,757 $73,094 $67,202 $64,917 $65,327 $68,280 $62,225 $49,347 $44,909 $39,430 $107,830 $101,292 $88,934 $84,122 $85,092 $88,361 $80,052 $84,101 $79,421 $83,163 $78,173 $71,623 $73,133 $68,391 $66,388 $68,571 $68,952 $64,638 $49,384 $46,458 $41,154 $111,998 $103,424 $93,318 $90,031 $89,742 $87,211 $86,778 $85,933 $84,672 $84,176 $78,560 $74,851 $73,762 $72,496 $70,307 $69,853 $69,128 $67,820 $49,967 $46,331 $41,959 3.9% 2.1% 4.9% 7.0% 5.5% -1.3% 8.4% 2.2% 6.6% 1.2% 0.5% 4.5% 0.9% 6.0% 5.9% 1.9% 0.3% 4.9% 1.2% -0.3% 2.0% aveRage SalaRy by inDuSTRy 2005-06 Bank / Financial / Insurance Computer Software Telecommunications Medical / Pharmaceutical Government / Defense Manufacturing Internet Services Computer Hardware Retail / Mail Order / E-Commerce $76,092 $74,730 $72,430 $71,714 $69,078 $66,732 $65,426 $66,462 $55,909 2006-07 $82,504 $77,582 $78,003 $72,717 $75,086 $71,878 $71,854 $69,987 $63,830 2007-08 $82,961 $79,756 $77,312 $74,689 $77,187 $73,470 $71,538 $70,740 $66,782 2008-09 $87,257 $84,094 $81,006 $79,928 $79,843 $77,864 $77,819 $77,387 $68,394 previous year % Change 5.2% 5.4% 4.8% 7.0% 3.4% 6.0% 8.8% 9.4% 2.4% 4101 NW Urbandale Drive • Urbandale, Iowa 50322 • 1.877.386.3323 aveRage SalaRy foR populaR SKillS anD eXpeRienCe 2007-08 ABAP – Advanced Business Application Programming ETL – Extract, Transform and Load Business Intelligence Informatica ERP – Enterprise Resource Planning Data Warehouse SOAP – Simple Object Access Protocol Korn Shell JBoss ITIL – Information Technology Infrastructure Library Weblogic SDLC UML – Unified Modeling Language JDBC – Java Database Connectivity HP-UX Sarbanes Oxley (SOX) Solaris Cognos Websphere TOAD – Tool for Application Developers AIX – Advanced Interactive eXecutive Sybase JSP – Java Server Pages Change Management Ruby on Rails EMC CRM – Customer Relationship Management XSL – eXtensible Style Language SAP Unified Communications Oracle DB Perl Tomcat DB2 Microsoft Project Java/J2EE Oracle Application Server Shell PL/SQL MPLS – Multi Protocol Label Switching QA / Quality Assurance CICS – Customer Information Control System NetApp C SAS Fibre Channel Disaster Recovery SIP – Session Initiation Protocol TSO/ISPF Peoplesoft n/a $96,559 $94,317 n/a $95,589 $93,200 $95,387 $90,948 $92,518 $92,663 $89,599 $87,709 $90,221 $89,645 $89,982 $91,542 $90,321 n/a $89,879 $88,111 $89,236 $88,174 $87,843 $89,252 n/a n/a $88,921 $89,064 $86,922 n/a $86,624 $86,398 $85,418 $85,367 $85,885 $84,126 $84,816 $86,752 $84,490 n/a $84,050 $81,241 n/a $83,213 $84,653 n/a $83,881 n/a $80,611 $82,200 2008-09 $106,975 $102,364 $101,585 $101,337 $99,332 $99,323 $98,826 $98,517 $98,111 $97,863 $97,577 $96,784 $96,735 $96,710 $96,638 $96,594 $96,548 $95,736 $95,708 $95,120 $94,990 $94,479 $94,406 $94,186 $94,054 $93,744 $92,291 $92,004 $91,667 $91,339 $91,252 $90,604 $90,381 $90,305 $89,753 $89,628 $89,411 $88,956 $88,903 $88,849 $88,624 $88,493 $88,429 $88,313 $88,225 $88,127 $87,881 $87,813 $87,809 $87,715 previous year % Change n/a 6.0% 7.7% n/a 3.9% 6.6% 3.6% 8.3% 6.0% 5.6% 8.9% 10.3% 7.2% 7.9% 7.4% 5.5% 6.9% n/a 6.5% 8.0% 6.4% 7.2% 7.5% 5.5% n/a n/a 3.8% 3.3% 5.5% n/a 5.3% 4.9% 5.8% 5.8% 4.5% 6.5% 5.4% 2.5% 5.2% n/a 5.4% 8.9% n/a 6.1% 4.2% n/a 4.8% n/a 8.9% 6.7% 4101 NW Urbandale Drive • Urbandale, Iowa 50322 • 1.877.386.3323 aveRage SalaRy by eXpeRienCe 2005-06 Less than 1 Year 1 - 2 Years 3 - 5 Years 6 - 10 Years 11 - 14 Years More than 15 Years $37,471 $41,229 $52,363 $68,355 $80,933 $86,332 2006-07 $42,414 $46,935 $55,922 $72,707 $83,907 $90,125 2007-08 $41,457 $47,648 $58,037 $73,449 $86,426 $93,107 2008-09 $44,645 $49,802 $58,651 $74,068 $87,279 $96,467 previous year % Change 7.7% 4.5% 1.1% 0.8% 1.0% 3.6% aveRage SalaRy by CoMpany Size 2007-08 Less than 50 Employees 50 - 99 Employees 100 - 499 Employees 500 - 999 Employees 1,000 - 4,999 Employees 5,000 or More Employees $62,853 $67,176 $69,479 $73,462 $77,486 $83,053 2008-09 $68,234 $70,192 $74,735 $75,187 $79,103 $86,777 previous year % Change 9% 4% 8% 2% 2% 4% about Dice Dice is the leading career site for technology and engineering professionals. 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(NYSE: DHX) is the parent company of Dice, the leading career site for technology and engineering professionals (www.dice.com); eFinancialCareers, the leading global career site network for jobs and career management for investment banking, asset management and securities professionals (www.efinancialcareers.com); ClearanceJobs, the premier secure job board focused exclusively on candidates with active or current U.S. Government security clearances (www.clearancejobs.com); JobsintheMoney, the leading targeted career site for accounting and finance professionals in the United States (www.jobsinthemoney.com); and Targeted Job Fairs, the premier producer of career fairs and open houses for technology and engineering, accounting and finance, and security-cleared candidates nationwide (www.targetedjobfairs.com). 4101 NW Urbandale Drive • Urbandale, Iowa 50322 • 1.877.386.3323