If this page does not print out automatically, select Print from the File menu.

IT staff retain high hopes for pay rises

Staff turnover is costing employers money, while employees chase ever higher salaries

Janie Davies, Computing 15 May 2008

IT professionals are expecting a 4.5 per cent pay rise this year, compared with only 3.3 per cent in 2007, according to a survey by recruitment group Computer People.

And the average bonus in the sector last year was £5,015 and the average permanent salary is £35,160.

But the outlook isn't so bright for employers who are losing money due to lack of loyalty from staff.

The average time spent in each role is four years and Computing recently reported that 87 per cent of IT professionals are are keeping an eye on the market.

On average takes 8.7 weeks to recruit an IT worker into an existing position and 8.1 weeks to recruit for a new job and companies are losing six weeks per employee from workers to new starters.

www.infomaticsonline.co.uk/2216766
This article was printed from the Infomatics web site
© Incisive Media Ltd. 2008
Incisive Media Limited, Haymarket House, 28-29 Haymarket, London SW1Y 4RX, is a company registered in the United Kingdom with company registration number 04038503
Close this window to return to the website