Last month Computerworld released the disheartening results of the 2005 Salary Survey:
"... For the fourth year in a row, IT workers across the board received only modest raises -- their pay increased by an average of just 3% in 2005, matching last year's average salary increase, according to Computerworld's 19th Annual Salary Survey, which studied the compensation and bonuses of 14,253 IT workers. ..."
There's a silver lining to this broad finding in the survey, however. Assuming that IT workers' reports of salary increases will chart along a bell curve, with most responses describing modest increases (and decreases), there will still be a minority of companies who paid raises well over the 3% rise reported in the survey.
A related question is whether companies that give higher-than-average raises are also great places to work. Of course, regular, above-average raises must make people happy about the companies they work for, unless there are other underlying reasons for dissatisfaction -- depression, poor working conditions, 90-hour workweeks. But other factors figure in as well. Obvious ones include generous non-salary benefits, chances for career advancement, and confidence in management.
Computerworld is right now accepting nominations for the annual Best Places to Work in IT survey. Do you want to nominate your company? Check out the form here for more information, and to make a submission.