Computer Economics: IT Workers to get 3.0 Percent Pay Hike in 2015

ComputerEconomicsLogoThe Computer Economics 2015 IT Salary Report anticipates wages for typical IT workers will rise about 3.0 percent in the coming year, an increase that while modest by historical standards should yield real wage growth in the low-inflation environment.

The study shows that even at the 25th percentile, organizations are planning to give their IT workers a 2.0 percent pay bump, indicating most organizations are feeling some pressure to increase pay rates as the jobs market improves and as the recovery broadens its base.

This forecast assumes the economy and the ability to raise prices will improve in the year ahead. But itProspectus1 will not require much improvement. The forecast calls for compensation increases at a similar pace as the previous year. In 2014, the U.S. Labor Department’s Bureau of Labor Statistics reported that total cost of employment for all civilian workers rose 2.2 percent for the 12 months ended in September. That was slightly ahead of a 1.7 percent rise in the Consumer Price Index for the 12 months ended October.

The report estimates 2015 wages for 69 IT job functions for more than 400 U.S. metropolitan areas. We publish salary table in Excel format. The report is based on a study that draws information from an annual salary survey of IT organizations in the U.S., an IT spending outlook survey for 2015, an annual IT Spending and Staffing Benchmarks study, and the U.S. Department of Labor’s Bureau of Labor Statistics compensation data.

Source: www.computereconomics.com