Wednesday, January 19, 2005

IT compensation on the rise in '05

Advice by Katherine Spencer Lee, Robert Half Technology

JANUARY 18, 2005 (COMPUTERWORLD) - Although not a complete return to the dot-com boom, 2005 looks to be a promising year for IT professionals. Economic optimism is slowly returning, and CIOs across the U.S. have begun to initiate projects previously put on hold. As a result, starting salaries should see a moderate increase over 2004 levels.

According to the newly released Robert Half Technology 2005 Salary Guide, average base pay for IT professionals overall will rise 0.5% this year, with larger increases expected in high-demand specialties such as information security and quality assurance. This compares to a 1.6% decline in starting compensation that was projected last year.

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