The past several years have certainly been rough sailing for the financial services industry, but the market for IT talent in the sector is on the rise, according to the "2012 InformationWeek IT Salary Survey." After several years of painful cuts, the job market is improving, albeit at a slower pace than before the financial crisis.
July 27, 2012
1. Overall IT Salary Trends
According to results from the 2012 InformationWeek Salary Survey, salaries and total compensation for IT staff and managers seem to be relatively flat from 2011 levels. Median base salaries for IT staffers remained at $90,000, while median total compensation for this group increased $2,000, to $99,000, in 2012. For managers, median base salary dropped to $117,000 from $120,000 in 2011, while median total compensation, including bonuses, for this group dropped to $130,000, nearly returning to its 2010 level.
