IT Salaries: experience versus training
Global Knowledge and TechRepublic recently released their 2011 IT Skills and Salary Report, revealing the latest trends in the IT workplace globally. The survey assessed various aspects regarding IT salaries and skills globally, including salary scales according to experience and training.
IT is one of the fastest-changing professions on the planet which means that the practical knowledge it takes to do most of the jobs in IT is swiftly wiped away and replaced at a very fast pace.
IT professionals are under a lot of pressure to stay up to date with the latest industry trends, and unsurprisingly over 75% of IT workers took some form of training in the prior year. This is up from 66 percent a year ago.
Does training translate into higher salaries? 74% of respondents in the IT Skills and Salary survey believe that training can impact their base salary, and they were entirely correct.
IT professionals who trained in the prior year earn an average of $3,383 or 4.4 percent more than those who did not train. However, experience is a bigger key differentiator in salary levels, as shown in the table below.
| IT salaries: Experience and training | |||
| Tenure | Did not train in last 12 months | Trained in last 12 months | % difference |
| 1–5 Years | $51,520 | $53,812 | 4% |
| 6–10 Years | $65,053 | $69,416 | 7% |
| 11–15 Years | $75,416 | $81,366 | 8% |
| 16–20 Years | $84,914 | $88,830 | 5% |
| 21–25 Years | $87,640 | $95,761 | 9% |
| 26+ Years | $94,373 | $98,144 | 4% |
| Total | $77,238 | $80,621 | 4% |
IT Salaries: experience versus training << Comments and views
Loading ...