Janco Reports IT Salaries Fall

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Mon Jun 29, 2009 8:15am EDT

Low Demand for IT Professionals shows few signs of relief

PARK CITY, Utah, June 29 /PRNewswire/ -- Today Janco released its 2009 Mid
Year IT Salary Survey which shows that overall pay has declined for IT
Professionals in the past 18 months. Janco also found that demand is down for
IT Professionals.  The CEO of Janco, Victor Janulaitis stated, "The current
economic climate with its cost cutting mindsets, business closures, and
extensive outsourcing has put such great pressure on the IT job market that
overall pay has been impacted.  Added to that, many 'baby-boomers' who had
planned on retiring in the next few years are not leaving the job market and
you have more potential employees than positions available."

Summary Janco results show the mean compensation (which includes bonuses) for
all IT executive positions surveyed is $142,753 (a decrease) in large
enterprises and $123,728 (a decrease) in mid-sized enterprises. Janco found
that factors driving this fall in compensation and demand were: companies are
reducing benefits (including personal and company bonuses) provided to IT
professionals; many companies have instituted hiring and spending freezes in
addition to laying-off; and outsourcing has been focused on management and
support staff where the bulk of compensation expenses are incurred.

Janco has captured IT compensation statistics since 1996 and publishes its IT
Salary Survey semiannually. The IT Salary Survey is based on Janco Associates,
Inc. IT Professionals compensation database.  Compensation benchmark hiring
and salary ranges are established for each position surveyed. In analyzing the
study data, the upper and lower quartiles are eliminated to determine
benchmark ranges. The benchmark ranges are then used to assess the alignment
of a company's actual compensation to the marketplace for each job function. A
summary of the most recent salary survey can be downloaded by visiting Janco
IT Salary Survey at http://www.e-janco.com/Salary.htm.

Janco is a Mountain States based consulting firm that publishes the IT Salary
Survey, Browser Market Data, and the IT Infrastructure HandiGuide(R) series of
books used by IT, finance, human resources and other professionals as the
source of information on topics from policies and procedures, to job
descriptions and responsibilities. 

HandiGuide is a registered trademarks or trademarks of Janco Associates. in
the United States and/or other countries.

For more information on Janco:
http://www.e-janco.com/who.htm


SOURCE  Janco Associates, Inc.

Victor Janulaitis of Janco Associates, Inc., +1-435-940-9300,
support@e-janco.com
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