If you are an IT executive, chances are you received a bigger raise than your staff at the end of 2007. IT executives received an average raise of 4.7% this year, while IT managers and professionals received 4 percent raises – a few tenths of a percent below the rate of inflation. (The consumer price index rose 4.3% in November 2007 from the previous year.) The gap is smallest at companies below $100 million.
less $1
than $100 tobillion
AVERAGE RAISES$100$999 or
DECEMBER 2007 totalmillion millionmore
IT executives (directors4.7% 4.4%5.0%4.7%
and higher)
Project managers4.0%4.3% 4.0%3.8%
Other IT managers 4.0%4.1%4.1%3.9%
(supervisors and managers)
Non-managerial technical3.9% 4.1%3.9%3.7%
professionals
Source: Ziff Davis
Enterprise
, Dec. 2007 – Jan. 2008; base = 225