IT salaries falling fastest

News by SC Staff

Senior execs hardest hit, but all IT roles suffering, claims study

Senior executives in IT are seeing their salaries drop faster than those in other sectors, according to new research.

Senior executives in finance, consulting and the public sector have seen their wages rise in the last six months, but senior IT execs have been dealt a drop of seven per cent. Project managers have received a lesser blow, with six per cent shaved off their take-home pay.

The research, from job site Experteer, found that other IT roles, such as project managers, business unit leaders and managers had also seen their wages drop.

The company attributed the decrease to increased competition in the IT sector.
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