IT Professional Salary Survey: What You Earned in 2020
Did you get a pay raise during the pandemic? Or were you just happy that you still had a job? The year 2020 is one that none of us will likely ever forget, and the impact the pandemic has had on our jobs and careers has really varied by industry and professional function. Some people were busier than ever, and others saw their working hours cut or their jobs cut.
But for the most part, IT people and management were seen as essential. IT was essential in helping their organizations transition to digital business and transactions, and helping office workers settle down to work from home.
But how did all of these factors impact IT salaries in 2020? How happy were IT managers and professionals with their pay and work during this hectic year?
InformationWeek has released the 2020 edition of its Annual Salary Survey, providing a snapshot over time of IT salaries in late 2020 and early 2021. It’s essential reading for any IT worker looking to benchmark their compensation. to that of his peers during the eventful year. 2020. It is also essential for those seeking new opportunities in 2021 and beyond, as industries and labor markets recover with a potential boom ahead, even as our economies and ways of operating. seem forever changed.
Here are some highlights from this year’s survey:
- While the median compensation of IT professionals increased overall in 2020 compared to 2019, just under half of IT professionals (48%) saw their compensation increase in the past 12 months. This was a big change from the previous year, when 71% of them had received a pay hike.
- The sentiment of IT pros about this pay also changed in 2020. Base salary was the most important factor for IT pros in their jobs in 2019. But during the pandemic year of 2020 , IT professionals reported that what matters most to them in their work is that their opinions and knowledge are valued.
- The InformationWeek survey continued to find that the IT industry is predominantly male, with 85% male, 12% female, 1% non-binary, and 3% refusing to indicate a gender.
- The gender pay gap in IT increased in our 2020 survey to $ 20,000 per year, from $ 15,000 in 2019.
- Like last year, opinions on whether or not there was a pay gap in IT depended on the gender of the respondent. In total, 34% of male IT professionals said there was no gender pay gap (the same percentage as in 2019.)
- For the first time this year, we also asked respondents to describe their race. Most of the respondents to this year’s survey were white (71%). 9% are Asian, 4% are Black / African American, 3% are Hispanic / Latino, 1% are native to Hawaii or other Pacific Islanders, and 1% are Native American / Alaska native.
- Most IT professionals worked remotely in 2020, either temporarily (41%) or permanently (18%). In one-on-one follow-up phone interviews with a selection of IT professionals, we learned that some are taking the opportunity offered by remote working to relocate to locations better suited to their personal preferences.
IT professionals also had many opinions on the skills and training most important for career development – both soft skills and technical skills; the biggest threats to their jobs from technologies and trends; and job security. The IT Salary Survey report also provides more details on the compensation of IT workers compared to IT managers, provides insight into the job security trenches, and provides insight into tech organizations as they go. they made one of the biggest changes in recent memory brought about by the needs of the pandemic.
To get a complete picture of where you stand relative to your peers in terms of compensation in 2020, download the full report, IT Salary Survey: Preparing Your Career for New Post-COVID Opportunities.
Jessica Davis is Editor-in-Chief at InformationWeek. It covers enterprise IT leadership, careers, artificial intelligence, data and analytics, and enterprise software. She has spent a career at the intersection of business and technology. Follow her on twitter: … See the full bio