IT salaries on the rise

IT salaries are rising, slowly, according to Computerworld's annual salary survey. The report found that salaries have gone up by about 3.7 percent in 2007. The one good thing you can say always about the IT market is that it is growing. The Bureau of Labor Statistics thinks that U.S. IT workers will earn more than double the $36,140 median income for full-time workers this year. But like everyone else, they are hit by double-digit increases in gas prices, high costs for groceries and other necessities. IT workers have been on a pay see-saw for the last five years.

After a drop in 2002, IT pay has been slowly recovering, according to the latest statistics. That can be seen in this year's survey, which found that 75 percent of respondents' salaries have increased. More importantly, demand for specialized IT skills is on the rise. So the good news is that salaries are good. The big question is: can it last?

For more on IT salaries:
- See this Computerworld article