Senior CIOs and IT directors in Sydney continue to command higher salaries than their counterparts in other states, earning $350,000 per annum with Melbourne its nearest rival at $300,000, according to Peoplebank’s quarterly Salary and Employment Index.
Almost one in 10 IT workers would be prepared to move to another job that pays less money. This is compared to about one in 20 a year ago, a strong sign that tech staff are increasingly unsatisfied, a national survey has found.
CIOs no longer sit outside the business, and they know it. They are working more closely with other c-level executives and aligning themselves with business outcomes and priorities, according CIO's 2014 State of the CIO survey.
We wish we had better news to share on the IT salary front: The median pay increases organizations are planning for IT professionals this year are small--1.8 percent--according to the latest Computer Economics IT salary survey. That's.2 percent lower than the median salary increases the Irvine, Calif.-based IT research firm predicted tech workers would receive in 2009.
I tend to equate the salaries of celebrity CIOs (an oxymoron, I know) with the compensation packages of today's professional athletes: They're all seemingly excessive and incomprehensible to most salt-of-the-earth people. HP CIO Randy Mott, for instance, took home more than US$28 million in compensation in 2008, while New York Yankees' slugger Alex Rodriguez earns $15,856 every time he sees a pitch, according to The Wall Street Journal.