To fill these roles and replace baby-boom-age staff preparing to retire companies are taking steps to enhance their recruiting and retention efforts. Increased base pay, signing and performance bonuses, and other perks are becoming more common as companies contend for the best candidates.
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Positions in Greatest Demand
According to the recently released Robert Half Technology 2007 Salary Guide (available for Datamation readers to request here), IT professionals, on average, can expect a 2.8 percent increase in starting salaries in the coming year. High-demand positions are expected to see increases in base compensation of between 4 and 5 percent.
A shortage of experienced software developers means companies are willing to pay top dollar to recruit and retain these professionals. As a result, they will see the greatest starting salary gains of any job classification in 2007. Software developers can expect base compensation to rise 5.1 percent, to between $60,250 and $94,750 a year. Demand is due in part to the explosion of software content used by mobile and other device manufacturers, as well as the launch of Microsoft Vista. Employers seek candidates with ActiveX, C#, Visual Basic, .NET and Java skills.
Data Warehouse Managers
Starting salaries for data warehouse managers are expected to increase 4.2 percent in 2007, to the range of $85,500 to $113,500 annually. These professionals are needed to design and maintain data warehouses and data mart systems, as well as work with database developers, administrators and managers to ensure data systems conform to enterprise architecture and strategy. Candidates with experience developing and implementing strategies for gathering data from operational databases and third-party vendors, and managing technical resources and staff, are most marketable.
Web developers are in high demand as companies of all sizes leverage Web 2.0 initiatives to drive business. Web developers also are needed to provide technical assistance to web administrators, integrate websites with back-end systems, and write test plans and results. Consequently, those in this job classification may see starting salaries increase an average of 4.2 percent in 2007, to between $54,750 and $81,500 annually. Those with .NET, AJAX and Java skills could see multiple offers from employers.
An increasing number of employers are recognizing the importance of planning, budgeting and scheduling skills as technology is integrated into all aspects of business, and IT staff are required to collaborate with employees throughout the organization. Its no surprise, then, that project managers will see an increase in base compensation of 4.1 percent in 2007, to between $72,750 and $106,250 a year. Companies seek experienced project managers to supervise IT applications development, from planning though implementation, as well as set project scope, priorities, deadlines and deliverables schedules.
These professionals are needed to design major aspects of an applications architecture, including such components as user interface, middleware and infrastructure. Employers seek candidates with experience providing technical leadership to the applications development team, performing design and code reviews, and ensuring that uniform enterprise-wide application design standards are maintained. Professionals in this role can expect to earn starting salaries of between $80,000 and $112,750, an increase of 4 percent over 2006 levels.
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