Salary growth for computer staff slowing
IT PAY
Salary growth for computer staff slowing
The easing of recruitment and retention pressures coupled with tighter control of corporate IT budgets is having a moderating effect on pay increases for computer staff, according to a new study by Incomes Data Services.
Key research results
Among the main findings of the 22-organisation study are:
- Pay rises: The median level of pay increase (the mid-point in the range) among the 22 organisations analysed by IDS was 3%. In almost all these organisations, the level of increase was either the same or lower than in 2001.
- Salary progression: In over four-fifths of the companies in the report, employees progress through the salary bands on the basis of individual performance.
- Salary structures: "Pitching IT salaries at the right level to recruit and retain staff has been of great importance over recent years," says IDS. This has led some companies to introduce separate pay structures specifically for IT employees to allow a more targeted response to any changes in the labour market.
- Overtime: Monday to Friday overtime is most commonly paid at a rate of time-and-a-half. Only a third of the featured organisations pay a higher premium for working on Saturdays, while Sundays typically attract double-time.
| What you will find in this 34-page IDS Study |
Analysis - pay increases for computer staff
- salary structures and progression systems
- round-up of latest IT salary surveys
- details of shift, overtime, standby and call-out payments
- recruiting and retaining IT staff
- use of IT contractors
- growth in outsourcing.
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| Company practice Details of the pay, allowances and holiday entitlement of computer staff in 22 named organisations. |
Want to know more?
Title: "Computer staff pay", IDS Studies 739, November 2002, Incomes Data Services.
Availability: Call IDS customer services in London, tel: 020 7324 2599.
Incomes Data Services is an independent research organisation providing information and analysis on pay, conditions, pensions, employment law and personnel policy and practice in the UK and rest of Europe. For more information about IDS and a full back list of IDS Studies jump to www.incomesdata.co.uk
Posted 2 January 2003
