Despite the uncertainty surrounding the financial services industry, specialized IT skills remain in short supply and are demanding a premium in the marketplace, according to the 2012 Salary Survey from Wall Street & Technology, Bank Systems & Technology and InformationWeek. However, IT workers are content in their jobs, with only 7% actively looking for new employment. Here are 10 highlights from the 2012 Salary Survey.
1. Gender Gap
Despite improvements during the past two decades, there is still a noticeable difference in compensation for men and women. Male IT managers take home $135,000 on average, while female technology leaders bring in 14% less, at an average $115,000 of total compensation. Female IT staff members fair slightly better based on percentages, but are still not equal in pay to their male counterparts. Woman in the IT workforce in banking bring in 10% less ($90,000) than their male peers ($100,000).
Greg MacSweeney is editorial director of InformationWeek Financial Services, whose brands include Wall Street & Technology, Bank Systems & Technology, Advanced Trading, and Insurance & Technology. View Full Bio