Highly skilled technology professionals are making more money than ever, according to the Yoh Index of Technology Wages, the quarterly compensation index used by Fortune 500 companies to determine salary scales. The average hourly wage for high-impact technology workers was recorded as $31.80 during the middle of the first quarter, the highest average pay figure documented by the Yoh Index of Technology Wages since its inception in 2001.
The Yoh Index of Technology Wages reached 112.24 in the first month of the year, when indexed to January 2001 (1/2001 = 100), indicating a 5.5 percent increase in wage growth, when compared with the same period in 2006. In mid-quarter, the Index reached 113.86, the highest level it has reached since its inception and ended the quarter at a more moderate 3.2 percent increase.
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