Archive notice: This article was originally published on October 19, 2007. Links and embedded videos are preserved as part of the historical record.
The incomes of IT executives have risen at an above-average rate this year compared with other functions in the industry. Thus, the salary of executives climbed by an average of 4.9 percent, and in medium-sized companies even by ten percent. This means that the salary gap in the
IT industry is widening further, because overall the compensation of IT professionals is rising by only half a percentage point this year. This is the result of the annual study of manager salaries in the high-tech industry, which the IT weekly newspaper COMPUTERWOCHE (issue 42/2007) carried out in cooperation with the compensation consultancy Personalmarkt. More than 18,000
IT employees as well as 62 companies took part in the survey.
The best-paid employees without personnel responsibility in the IT industry continue to be consultants and project managers. They receive an average annual salary of around 61,000 euros (consultants) and 64,000 euros (project managers). Bringing up the rear are web developers (around 37,900 euros annually) and support work, who earn around 37,300 euros per year. Career starters begin at the same salary level as in the previous year. On average, they can expect 40,000 euros in annual in-come. The trend toward making compensation variable and differentiated continues unabated. Among executives in the IT industry, around 66 percent are receiving bonuses this year – in 2006 it was 57 percent. The variable portion itself amounts to around 17.6 percent of the basic salary and has therefore hardly changed compared with the previous year.
COMPUTERWOCHE also analyzed in which city the highest salaries are paid. Here Frankfurt am Main is clearly at the top, 20 percent above the national aver-age. Munich follows in second place, where salaries are 14 percent above the average. Stuttgart IT specialists in third place receive ten percent more than the average.
