Survey: Tech's high-end salaries are shrinking

If you are in the front office, don't get too comfortable. A new survey finds that compensation for CIOs is declining. It's almost as though we didn't have to tell you this. But if you think you are in a well-paying job that allows you to keep increasing your salary with each new job you take, think again.

The semi-annual study from Janco Associates Inc., found that CIOs at mid-size companies felt the most pain, reports Computerworld.com. The median pay for a CIO at a mid-level company fell from about $172,000 to $163,000. Comparatively speaking, the salary for the chief security officer at a company, moved from $148,000 to $143,000. IT planning directors took the biggest hit, falling from about $115,000 to $97,000, according to the survey.

"There is now a surplus of seasoned IT professionals available," wrote the Park City, Utah-based IT consulting firm in its report. For example, it noted that more than 200 IT professionals in the New York region, who earned well over six figures, are now looking for work because of today's economic conditions. And you won't be surprised that they are having a hard time finding a job.

For more on declining IT pay:
- check out this Computerworld.com article [1]

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