Base compensation for information technology (IT) professionals will remain virtually unchanged in 2002, according to a just-released salary guide from RHI Consulting. Starting salaries are projected to increase by an average of 0.1 percent in 2002, compared to the 8.4 percent increase forecast this time last year.
"Over the past several years, record low unemployment and competition for talent in the high-tech sector led to sharp increases in starting compensation for IT professionals," says Katherine Spencer Lee, executive director of RHI Consulting. "With the demise of many dot-coms and an overall weakening of the economy, most pay structures have stabilized."
Register or login for access to this item and much more
All Information Management content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access