From the experts IT SALARY & MARKET REPORT North America 2012 GREYTHORN MARKET REPORT 2 012 CONTENTS Introduction ......................... 5 Key Findings........................ 6 Methodology ....................... 8 Current Employment Career Overview Career Insight Profession ......................... 10 Industry ............................. 11 Working Week ................... 12 Length of Tenure ............... 13 Industry ............................. 28 Market Perspective Staff ................................... 16 Redundancy ...................... 17 Job Security ...................... 18 Economy ........................... 18 Career Moves Previous ......................... 29 Current ...........................30 Future ............................. 31 Salary Summary IT Database & Business Intelligence.....35 Employee Benefits Information Security .........35 Permanent Benefits .......................... 20 Bonus ............................. 22 Cloud and Big Data...........36 Contract Benefits .......................... 25 Mobile Development .........36 Web Development ............ 37 Healthcare IT .....................38 Project Managment & Business Intelligence ........39 According to Greythorn .................... 47 About Us ........................... 52 Acknowledgements ..........54 www.greythorn.com GREYTHORN MARKET REPORT 2 012 YOUR IT SALARY & MARKET REPORT FROM THE EXPERTS. Current Employment In the beginning of 2012, we surveyed our extensive database of IT professionals about their careers as well as the current job market conditions. These findings have enabled us to present you with a clear insight into key trends and drivers in the IT market. Ben Weber Managing Director [email protected] +1 425 460 4285 This report provides some of the most comprehensive information currently available. We hope you find the information in this market report useful and welcome any comments or recommendations. We would also like to extend a huge thank you to everyone who took part in the survey, your input is greatly appreciated. www.greythorn.com www.greythorn.com Ben Weber Managing Director • Confidence in the market seems to be improving with a majority reporting that 53% of IT departments have increased headcount in the past year. This is encouraging news for professionals and is one of the reasons why 59% of workers are optimistic about the future of the economy over the next 12 months. • Job satisfaction is high within the market, so much so that 80% would recommend their employer to a friend. BENEFITS Key Findings MARKET PERSPECTIVE GREYTHORN MARKET REPORT 2 012 KEY FINDINGS • The top three benefits our respondents feel are of vital importance are; 25 or more days holiday (49%), flexible working time - working from home (48%), annual bonus scheme (45%). And it appears that generally employers are meeting the needs of their workers - with 40% enjoying 25 or more days holiday in their current job (the most common benefit) and 47% receiving the option to work from home (second most common benefit). www.greythorn.com 56% surveyed being highly satisfied or satisfied with their last bonus (results in this survey show that the average bonus is now running between 0 and 9%). CAREER INSIGHT • Bonus satisfaction in the market is positively high among professionals, with • Although 79% of IT professionals are highly satisfied or satisfied in their current role, 50% are very likely or likely to change organizations in the next 12 months. This compliments the fact that career development is the biggest motivation for IT workers when considering a new job. Key Findings Current Employment BENEFITS GREYTHORN MARKET REPORT 2 012 • Employee benefits add value to a job opportunity, so it is key that employers carefully consider their benefits package if they want their company to stand out from others during the job offer stage. www.greythorn.com GREYTHORN MARKET REPORT 2 012 METHODOLOGY In January 2012, Greythorn conducted a survey with its clients and candidates focused on the demographics, length of tenure, working week, job security, career motivations, department changes, reward and bonus trends of IT professionals. Professionals across North America from over 11 industry sectors responded to the survey; helping us to determine key trends within the market for you. This IT Salary & Market Report is based on the data received through the online survey, as well as the expert opinions of our experienced consultants. Please contact us if you would like to receive a salary report tailored to your business needs. [email protected] +1 312 917 1610 +1 425 635 0300 www.greythorn.com GREYTHORN MARKET REPORT 2 012 An expert is DEDICATED. We recruit with honesty, integrity and are dedicated to building a strong relationship with our candidates. Current Employment John A Hudson, Mobile Specialist CAREER OVERVIEW www.greythorn.com GREYTHORN MARKET REPORT 2 012 PROFESSION Which area best describes your current position? IT Professionals Career Overview Business Intelligence 14% 58% Healthcare IT Web Development 10% 12% Mobile Development Cloud Computing 11% 11% Information Security 22% 17% Software Development 6% 10% 7% 22% Project Management/ Business Analysis Network Engineering www.greythorn.com General IT Management Other GREYTHORN MARKET REPORT 2 012 INDUSTRY In which sector do you work? % 40 Permanent 35 Contract Current Employment 25 20 15 10 5 0 Banking Financial Services FMCG www.greythorn.com Business Services / B2B IT / Software Houses Digital Media Leisure / Travel / Entertainment NFP / Public Sector Other Retail Healthcare Manufacturing / Utilities Publishing Professional Services Career Overview 30 GREYTHORN MARKET REPORT 2 012 WORKING WEEK 2% How many hours a week do you work, on average? Up to 20 hours 9% 1% More than 50 hours 21-30 hours 19% Career Overview 1% 46-50 hours 31-35 hours Do you expect the hours you work per week to change over the next 12 months? 30% 38% 36-40 hours 41-45 hours 31% 67% 2% Increase No Change Decrease www.greythorn.com GREYTHORN MARKET REPORT 2 012 LENGTH OF TENURE 8% Under a month 21% 1-3 months 13% 4-6 months 14% 7-12 months 15% 1-2 years 8% 2-3 years 11% 3-5 years 7% 5-10 years 3% More than 10 years Career Overview Current Employment How long have you been in your current role? www.greythorn.com In a poll carried out in 2011 by Greythorn, a staggering two-thirds of those questioned said they would happily lose an average of $16,600 a year in return for a three-day weekend. GREYTHORN MARKET REPORT 2 012 Current Employment An expert is ETHICAL. At Greythorn, we don't compromise our ethics, because to do so would be to compromise everything else. Ryan Lum, Principal Recruiter www.greythorn.com MARKET PERSPECTIVE GREYTHORN MARKET REPORT 2 012 STAFF Did your department increase or decrease overall headcount last year? Market Perspective Is your department currently increasing or decreasing headcount? What are your expectations for the department next year? "2012 is shaping up to be a good year for the market as the economy begins to rebound. Companies are beginning to hire again, but they are being selective by seeking senior or niche candidates. 53% 23% 24% Increase Don't know Decrease 37% 42% 21% Increase Don't know Decrease 26% 31% 22% 21% Increase Neither / Stay the same Don't know Decrease Employers reacted to uncertain market conditions by being cautious with their hiring. Most companies are seeking contract or contract to hire employees rather than bringing on full-time employees." www.greythorn.com Taylor Williamson, Business Intelligence & Database Specialist GREYTHORN MARKET REPORT 2 012 REDUNDANCY Do you expect your department to make any redundancies over the next 12 months? 4% There will be a significant headcount loss 16% "A slow, but steady increase in confidence is evident in the market through the hiring of both contractors and permanent employees. Employers are closely evaluating job descriptions and the needs of their organization. Matching the most critical skills needed to their recruitment strategies is elliciting a more streamlined hiring process." Kathleen McHugh, PMP Healthcare IT Recruiter 38% I suspect the headcount will remain the same 8% 26% www.greythorn.com 8% We've made our cuts already We are hiring aggressively now the market has turned Market Perspective Current Employment Dependent on the volatile economy, we review every quarter GREYTHORN MARKET REPORT 2 012 JOB SECURITY How secure do you feel in your current role? Market Perspective “Professionals in today's market have niche skills that are in high demand. Employers are actively working to secure these professionals by offering creative benefits such as generous 401K plans, day care, remote work options and quarterly bonuses." Ryan Lum, Project Management Specialist 22% Very secure 60% Secure 12% Insecure 6% Very insecure ECONOMY How are you feeling about the future of the economy over the next 12 months? "There was general malaise and hesitancy over the last three years, but that time has come and gone. Employers are forging ahead with priority plans and exercising caution by reducing overhead and protecting their intellectual property. www.greythorn.com Although there has been an inconsistent reaction from the federal government, employers seem to be taking on bigger projects and core offerings. With a "do more with less" approach, talent acquisition is obviously affected, 4% Very pessimistic but market moving positions will always remain top priority, thus top tier talent will continue to be sought after.” Ben Weber, Managing Director 7% 14% Pessimistic Very optimistic 23% 52% Indifferent Optimistic GREYTHORN MARKET REPORT 2 012 An expert is PREMIUM. We seek business partnerships, where we are valued for our specialist knowledge and expertise, rather than short-term transactional relationships. Current Employment Kelly Ebright, Senior Account Executive www.greythorn.com EMPLOYEE BENEFITS GREYTHORN MARKET REPORT 2 012 PERMANENT | BENEFITS % Vital 70 How would you assess the following benefits? Attractive Fairly attractive 60 Unimportant 50 Employee Benefits • The top three most vital benefits are 25 days or more holiday (22%), annual bonus scheme (20%) and flexible working (16%). • The three least important benefits are complimentary fruit / lunch (35%), car / car allowance (30%) and share incentive / EMI scheme / option scheme (10%). 40 30 20 10 0 $ 25 days holiday or more Complimentary lunch Share incentive / EMI scheme / option scheme Annual bonus scheme Car / car allowance www.greythorn.com Flexible benefits (choosing from a range of options) Flexible working (homeworking / flextime) Insurance (PMI / death in service / life insurance) Good company pension scheme GREYTHORN MARKET REPORT 2 012 PERMANENT | BENEFITS 40% $ 66% 4% 53% 47% 29% 79% 17% None of the above 8% Other 4% Employee Benefits Current Employment What benefits do you currently receive? www.greythorn.com GREYTHORN MARKET REPORT 2 012 PERMANENT | BONUS Did you receive a bonus last year? 47% 53% Employee Benefits How is your bonus paid? 83% Annually 6% Quarterly 11% Other What is your bonus calculated on? • Only 47% of professionals surveyed received a bonus last year, which could be indicative of company performance, as very few (only 10%) bonuses are calculated based on personal performance alone. 24% Company performance 10% Personal performance 66% Both company and personal performance www.greythorn.com GREYTHORN MARKET REPORT 2 012 PERMANENT | BONUS As a percentage of your basic salary, what level was your last annual bonus? 53% 0-9% from basic salary 2% 36% 60-69% from basic salary 10-19% from basic salary 5% 20-29% from basic salary 2% 40-49% from basic salary www.greythorn.com 2% 30-39% from basic salary Employee Benefits Current Employment • The average bonus has risen to as much as 19% for 36% of IT professionals, but 53% of respondents received only up to 9% of their base salary. GREYTHORN MARKET REPORT 2 012 PERMANENT | BONUS How would you assess the level of satisfaction with your last bonus? 10% Highly satisfied 56% Satisfied 23% Employee Benefits Dissatisfied 11% Highly dissatisfied How would you assess your level of expectation for your next bonus? • 39% of professionals are optimistic that their next bonus will be higher than their last. Only 8% of IT professionals believe that their bonus will be reduced, which attests to the recovery of market conditions. www.greythorn.com 3% 36% 43% 8% 10% Significantly higher Higher Same Lower Nothing GREYTHORN MARKET REPORT 2 012 CONTRACT | BENEFITS Do you receive benefits as part of your package? 32% 68% • There is only a 13% difference between permanent and contractor professionals receiving the option to work from home (47% permanent and 35% contract). • From these results we can determine that contractors are generally enjoying one of the most vital benefits desired and are not missing out. 25 days holiday or more Annual bonus scheme 24% $ 17% Car / car allowance 28% Flexible benefits 41% Flexible working (homeworking / flexitime) 35% Good company pension scheme 28% Insurance (PMI / death in service / life insurance) 72% Share incentive / EMI scheme / option scheme 7% Other 10% Employee Benefits Current Employment What benefits do you currently receive? www.greythorn.com From our research in 2011, we discovered both male and female IT workers would prefer to have a male boss. The research showed that just 8% of men and only 6% of women said they would prefer to report into a woman. This is reflected in women’s experiences of seeking promotion, as 49% felt they were discriminated against during the promotion process. When asked how gender discrimination manifested itself, 78% of women and 45% of men said it included being overlooked for promotion. GREYTHORN MARKET REPORT 2 012 Current Employment An expert is TRUSTED. For us, trust means developing long-term, rewarding personal relationships. It means never giving you a reason to go elsewhere. Nate Ollestad, Director of Technology Practice www.greythorn.com CAREER INSIGHT GREYTHORN MARKET REPORT 2 012 INDUSTRY In which sectors have you previously worked? Career Insight • The most popular sector IT professionals have previously worked in is IT / Software Houses (46%). Banking 19% Business Services / B2B 22% Digital Media 16% Financial Services 16% FMCG IT / Software Houses Leisure / Travel / Entertainment Manufacturing / Utilities NFP / Public Sector 3% 46% 0% 19% 8% Healthcare 22% Professional Services 22% Publishing Retail Other 5% 8% 14% www.greythorn.com GREYTHORN MARKET REPORT 2 012 CAREER MOVES | PREVIOUS Why did you leave your previous role? • 80% of employees in the IT market are either highly satisfied or satisfied with their current job, which is supported by the leading reason for a career move being the end of a contract / assignment. 15% HIGHER SALARY CAREER DEVELOPMENT 1% 1% 13% MORE RESPONSIBILITY / ACCOUNTABILITY IMPROVED BENEFITS PACKAGE 5% 7% JOB SECURITY OTHER NEW CHALLENGE / MORE INTERESTING WORK 1% 5% 4% NOT APPLICABLE / FIRST JOB BETTER WORK / LIFE BALANCE IMPROVED RELATIONSHIP WITH MANAGER / COLLEAGUES 19% END OF CONTRACT / ASSIGNMENT 1% IMPROVED EMPLOYER BRAND 1% BETTER TRAINING 2% www.greythorn.com INTERNAL PROMOTION 10% 3% RELOCATION / BETTER LOCATION / EASIER COMMUTE REDUNDANCY Career Insight Current Employment • The top three reasons for leaving a previous role are end of contract / assignment (19%), career development (15%) and desire for a new challenge or more interesting work (13%). 12% GREYTHORN MARKET REPORT 2 012 CAREER MOVES | CURRENT How would you assess your level of satisfaction with your current role? 26% Highly satisfied 54% Satisfied 16% Dissatisfied Career Insight 4% Highly dissatisfied 0 What is keeping you in your current role? • The three main reasons for employees staying in their current role are career progression (47%), challenge of the position (40%) and security (38%). Awaiting bonus payment Career progression Challenge Colleagues Enjoyment Longevity www.greythorn.com Main reason need to stay longer before looking again Secondary reason Tertiary reason Security 10 20 30 40 50 % GREYTHORN MARKET REPORT 2 012 CAREER MOVES | FUTURE How likely are you to change organizations in the next 12 months? What would you perceive to be an acceptable increase in your basic compensation for your next role? www.greythorn.com • Most people felt an acceptable increase in their basic compensation for a new role was up to 10%, with the second highest being 11%-15%. This suggests that current salaries within the IT market are being well received by employees and the expectation of an increase comes with career progression. Very unlikely 30% Unlikely 37% Likely Career Insight Current Employment • Interestingly, we see a 50-50 split between those who are likely and unlikely to change organizations in the next 12 months. This deviates from the indication that 80% of professionals are satisfied in their position, but attributes to the fact that 28% of respondents would change positions for career development or a new challenge. 37% will be likely to change organizations due to expiring contracts. 20% 13% Very likely 4% 7% 0% increase More than 30% increase 5% 26-30% increase 37% 9% Up to 10% increase 21-25% increase 20% 11-15% increase 18% 16-20% increase GREYTHORN MARKET REPORT 2 012 CAREER MOVES | FUTURE 0 What are your key priorities when considering a new job? Career Insight • The three most popular priorities when considering a new job are career development (29%), higher salary (25%) and new challenge / more interesting work (15%). • Working in such a competitive market, it is not surprising that career development is the main priority when considering a new job. In the current climate, it is about the quality of an individual’s performance – how much expertise / experience they have. Therefore, the opportunity to develop IT skills in a role will allow professionals to continue to build on their expertise and ultimately set their qualities apart from other candidates. • With career development being the key priority for professionals, it is crucial that employers are clear about what career opportunities their company offers if they want to secure the best talent and not lose an individual to another employer. www.greythorn.com Main reason More responsibility / accountability Career development Higher salary Better bonus potential Better work / life balance Improved benefits package New challenge / more interesting work Improved employer brand Better training Better location / easier commute Job security Secondary reason Tertiary reason Better relationship with my colleagues 10 20 30 40 50 % GREYTHORN MARKET REPORT 2 012 Current Employment An expert is HIGH PERFORMING. We know that for our clients and candidates, ultimately, it’s all about the best results, so we have high expectations of our service. Donta Moore, Senior Account Exceuctive www.greythorn.com SALARY SUMMARY GREYTHORN MARKET REPORT 2 012 SALARY SUMMARY Salary Summary “Employees are looking for new opportunities that offer better compensation and quality training programs. Employers would be wise to invest in their employees and sell long term opportunity instead of short term pay increases. Many of the candidates in today's market are passive candidates - they are in high demand and do not have trouble finding positions, therefore their focus is on compensation rather than job security.” Donta Moore, Senior Account Executive Areas we specialize in: IT Database & Business Intelligence......... 35 Web Development ................ 37 Information Security ............. 35 Healthcare IT ......................... 38 Big Data and Project Management & Cloud Computing.................. 36 Business Analysis ................. 39 Mobile Practice ..................... 36 www.greythorn.com GREYTHORN MARKET REPORT 2 012 IT Database & Business Intelligence Job title Contract hourly rates Permanent Max Min Max Business Intelligence Developer $52,000 $132,000 $45 $85 Data Warehouse Developer $58,000 $125,000 $50 $100 Report Developer $60,000 $91,000 $35 $60 Database Analyst $60,000 $105,000 $35 $65 Business Intelligence Analyst $62,000 $118,000 $45 $80 Database Developer $75,000 $155,000 $40 $80 Information Security Job title Contract hourly rates Permanent Min Max Min Max Security Engineer $38,000 $109,000 $55 $105 Security Control Analyst $45,000 $90,000 $40 $85 Application Architect $55,000 $140,000 $60 $125 Security Researcher $61,000 $105,000 $55 $110 Management and Executive $74,000 $165,000 N/A N/A Security Architect $82,000 $121,000 $75 $150 Salary Summary Current Employment Min www.greythorn.com GREYTHORN MARKET REPORT 2 012 IT Big Data / Cloud Computing Job title Contract hourly rates Permanent Max Min Max Data Scientist $60,000 $90,000 $35 $50 Software Engineer $60,000 $120,000 $55 $90 Cloud Engineer $77,000 $135,000 $50 $100 Chief Architect $92,000 $108,000 $75 $120 Senior Software Engineer $106,000 $148,000 $60 $100 Mobile Practice Job title Contract hourly rates Permanent Min Max Min Max Mobile Application Developer $58,000 $120,000 $40 $100 Mobile Architect $68,000 $114,000 $60 $110 Mobile Software Engineer $75,000 $120,000 $40 $100 Android Developer $75,000 $135,000 $55 $100 Mobile Designer $77,000 $83,000 $35 $60 Mobile Test Engineer $77,000 $83,000 $30 $50 iOS Developer $145,000 $155,000 $45 $90 Salary Summary Current Employment Min www.greythorn.com GREYTHORN MARKET REPORT 2 012 IT Web Development Job title Contract hourly rates Permanent Max Min Max Digital Designer $45,000 $95,000 $25 $50 SEO Specialist $50,000 $90,000 $30 $60 UI/UX Developer $55,000 $120,000 $30 $70 Front End Developer $60,000 $100,000 $30 $50 Flash Developer $60,000 $110,000 $35 $70 PHP Developer $65,000 $100,000 $35 $55 HTML5 $70,000 $110,000 $40 $60 Digital Project Manager $75,000 $110,000 $40 $65 Web Development Manager $95,000 $140,000 $60 $80 Salary Summary Current Employment Min www.greythorn.com GREYTHORN MARKET REPORT 2 012 IT Healthcare IT Job title Contract hourly rates Permanent Current Employment Min Max Min Max Epic Trainer $65,000 $80,000 $60 $75 Interface Engineer $70,000 $89,000 $80 $110 Principal Trainer $75,000 $90,000 $80 $90 Epic Project Manager $75,000 $130,000 $100 $135 Cache Database Administrator $83,000 $115,000 $85 $115 Clarity Report Writer $80,000 $100,000 $85 $115 Epic Analyst $85,000 $105,000 $75 $95 Epic Builder $85,000 $115,000 $80 $125 Security Analyst $95,000 $105,000 $90 $120 www.greythorn.com GREYTHORN MARKET REPORT 2 012 IT Project Management / Business Analysis Job title Contract hourly rates Permanent Current Employment Min Max Min Max Business Analyst $70,000 $90,000 $30 $55 Projects Manager $70,000 $120,000 $30 $80 Senior Business Analyst $80,000 $110,000 $40 $65 Network Manager $80,000 $120,000 $35 $65 IS Manager $80,000 $150,000 $45 $85 Project Leader $90,000 $125,000 $45 $75 PMO Manager $90,000 $150,000 $50 $125 Development Manager $120,000 $140,000 $55 $100 Project Director $140,000 $160,000 $75 $110 www.greythorn.com Ben Weber Managing Director Greythorn North America GREYTHORN MARKET REPORT 2 012 Current Employment REPUTATION is everything. Caleb Potter, Healthcare IT Recruiter www.greythorn.com ACCORDING TO GREYTHORN GREYTHORN MARKET REPORT 2 012 TIPS FOR ORGANIZATIONS TRYING TO ATTRACT TOP TALENT According to Greythorn It is no longer enough to have market-leading compensation. Employers need to create a positive, innovative culture that fosters personal growth, and creativity. www.greythorn.com GREYTHORN MARKET REPORT 2 012 According to Greythorn Current Employment Know their language. So many candidates out there are contacted by recruiters - your business needs to stand out. You need to build a sense of trust and rapport with your candidates to be successful. www.greythorn.com GREYTHORN MARKET REPORT 2 012 GREYTHORN DOES NOT SEEK TO BE ALL THINGS TO ALL PEOPLE According to Greythorn We pride ourselves on a reputation for quality and our 'nice people to do business with' approach; going the extra mile to deliver the right resources. www.greythorn.com GREYTHORN MARKET REPORT 2 012 Current Employment www.greythorn.com GREYTHORN MARKET REPORT 2 012 About us ABOUT US Greythorn is a specialist IT recruitment consultancy. Established in 1976, Greythorn’s team of dedicated specialists pride themselves on their market leading reputation. Our primary focus is providing quality service and building long-term partnerships with both clients and candidates. We aim to work with each of our candidates closely to provide them with job opportunities tailored to meet their skills and ambitions, and work in partnership with our clients to meet their recruitment needs, with a full appreciation of their business objectives. Greythorn covers a wide range of areas including Mobile Application development, Big Data and Cloud Computing, Information Security, Healthcare IT, Project Management and Business Analysis, Business Intelligence and Web Application and Development, placing for both permanent and temporary roles. As well as providing expertise in North America, Greythorn has offices www.greythorn.com GREYTHORN MARKET REPORT 2 012 About us Current Employment in Asia, Australia, Latin America, the United Kingdom and Ireland. Greythorn is part of the global multibrand recruitment family, FiveTen Group, one of the world’s fastestgrowing specialist recruitment consultancies. If you would like advice on any current or anticipated recruitment needs or career development, please contact us. SEATTLE CHICAGO 40 Lake Bellevue Suite 100 Bellevue, WA 98005 203 N LaSalle Suite 2100 Chicago, IL 60601 [email protected] [email protected] +1 425 635 0300 +1 312 853 6100 www.greythorn.com ACKNOWLEDGEMENTS We would like to thank all those who completed our survey – without your contribution this market report would not be possible. If you didn’t complete our survey this time, please do so next year to ensure we can continue to develop the depth and quality of this report and continue to provide you with a fair and balanced picture. DISCLAIMER This research was carried out by means of an electronic questionnaire and supplemented with data and market information that Greythorn has access to. The results are provided as generic market information only. Greythorn does not make any warranties regarding the use, validity, accuracy or reliability of the results and information obtained. Greythorn will not be liable for any damages of any kind arising out of or relating to the use of this information. This market report is intended to give you a very general overview on the changing nature and complexity of the IT employment market; for a more tailored and confidential discussion on how this will affect your business or indeed your own career, please do not hesitate to get in touch with us. GREYTHORN MARKET REPORT 2 012 Current Employment “Reputation is everything” DEDICATED ETHICAL PREMIUM TRUSTED HIGH PERFORMING www.greythorn.com +1 425 635 0300 [email protected] www.greythorn.com +1 312 853 6100 [email protected] www.greythorn.com www.greythorn.com
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