Financially speaking, 2008 has been quite a year. The ups and downs were drastic, and the downs pretty much took over in September, when the mortgage and credit crises exploded and major banks crumbled. The woes on Wall Street hit the economy hard, and many organizations were forced to pull back spending and undergo layoffs.
Yet, it appears the field of IT is resilient. According to the results of our Salary Survey, which polled more than 35,000 IT professionals worldwide, the average IT salary rose from $49,170 in 2007 to $58,520 this year. In the U.S. alone, the average total salary — including benefits and incentives — rose from $76,920 to $88,640.
[For our list of average 2008 U.S. salaries by certification, please click here.]
And when it came to pay raises, the majority of respondents said they received a raise in the past year, typically between 5 and 10 percent (see Fig. 1).
Globally, respondents averaged a 15.6 percent increase in pay, down from last year’s 17.1 percent but still significantly better than wage increases across industries. The number of people receiving at least a 25 percent increase dropped from 25.8 in 2007 to 21.8 this year, however.
In the U.S., the top five highest-paying certs shuffled around a bit compared with last year. Brocade Certified SAN Designer (BCSD), sometimes referred to as the Brocade Certified Fabric Designer (BCFD), came in on top with a whopping average salary of $120,770. At a close second with…
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