IT workers will get some sort of increase, though the percentage varies. Organizations at the 75th percentile are budgeting for a 3-percent wage increase for employees. Organizations at the 25th percentile are increasing salaries for existing employees by 1.8 percent, which is an improvement over the bottom quartile’s no-raise policy last year.
The report’s findings – based on a fourth-quarter survey of more than 130 U.S.-based IT organizations – also indicate that IT hiring across all sectors will remain weak in 2012, especially among large organizations. “If the domestic economy continues to improve, we anticipate some upward pressure on wages, however,” the report states. “IT organizations will need to take steps to retain key workers due to the rise in voluntary turnover rates. Voluntary turnover rate for IT organizations, after dropping to nearly 2 percent in 2010, is on track to return to normal levels in 2012.”
The Computer Economics expects turnover to increase from 4 percent in 2011 to 5 percent, and IT organizations will face demands for higher pay from some workers.
This story originally appeared at Insurance Networking News.
Carrie Burns is editor at Insurance Networking News.
