Training and Certifications Impact Salaries for IT and Business Professionals, According to IT Salary Survey Conducted by Global Knowledge and TechRepublic
Cary, NC, and San Francisco, CA - March 15, 2011 - Global Knowledge, the worldwide leader in IT and business training, and TechRepublic, a leading online community for IT professionals, today announced the availability of the 2011 IT Skills and Salary Report. The report is based on input from over 12,000 IT and business professionals who responded to the companies' fourth annual IT skills and salary survey.
Among the key findings in this year's IT salary survey:
Training and Certifications Impact Salary
Professionals who took IT or business-related training during the past year earned an average of nearly $3,400 more than those who did not. In particular, professionals who had earned an IT or project management certification during the past five years earned an average of $2,720 more than their counterparts.
Salaries Held Steady in 2010
The average salary for respondents was $79,579. While that figure is down 3.1 percent from the average salary of the 2010 respondents, it is nearly eight percent higher than the $73,900 recorded in the 2008 IT salary survey. Conversely, just over half of this year's respondents reported receiving a raise, up from 43 percent in last year's study but down significantly from 70 percent in 2009.
Job Satisfaction Improved in 2010
Overall, 85 percent of respondents reported being at least moderately satisfied on the job. This is an improvement over last year's figure of 73 percent. Among the highest-ranked factors influencing job satisfaction are having a competitive salary, respect for the work performed, and the ability to increase one's skill set.
Most Believe Economic Conditions Will Improve for 2011
Over half (56 percent) of respondents indicated that their businesses are either growing slowly or experiencing a period of solid growth. That is a 14-point improvement from last year.
The Global Knowledge/TechRepublic 2011 IT Skills and Salary Survey was conducted online from October 11 to November 19, 2010. It yielded over 12,000 respondents worldwide, with 84 percent coming from North America. Download the complete IT salary survey report.
About Global Knowledge
Global Knowledge is the worldwide leader in IT and business skills training, with more than 1,200 courses that span foundational and specialized training and certifications. Our core training is focused on Avaya, Cisco, Microsoft, VMware, Red Hat, business process improvement, and leadership development. We deliver via training centers, private facilities, and the Internet, enabling our customers to choose when, where, and how they want to receive training programs and learning services. Founded in 1995, Global Knowledge employs more than 1,300 people worldwide and is headquartered in Cary, N.C. The company is owned by New York-based investment firm Welsh, Carson, Anderson, and Stowe. Learn more at www.globalknowledge.com.
TechRepublic helps IT decision-makers identify technologies and strategies to empower workers and streamline business processes. The site delivers a unique blend of original content by IT professionals, peer-to-peer advice from the largest community of IT leaders on the web, and a vast library of professional resources from the leading vendors in the IT industry. TechRepublic features blogs, community forums, vendor white papers, software downloads, webcasts, and research. Part of CBS Interactive, TechRepublic was founded in 1999 in Louisville, KY, where its editorial team still has its headquarters today. For more information, visit www.techrepublic.com.
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