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About Salaries


An individual’s salary is determined by a combination of factors, including education, responsibility level, job role, certification, tenure, industry, company size and location.

In the 2020 IT Skills and Salary Survey, we asked respondents about these factors and discovered variations around the globe, starting with base salaries. Participants were required to convert their salaries into U.S. dollars while taking the survey to enable relevant comparisons.


BASE SALARY

The average annual salary for global IT professionals is $85,115.


North American IT professionals earn $115,906 annually, which is 36% higher than the worldwide average. The U.S. average salary is $120,491. Followed by Asia-Pacific ($63,125) and Latin America ($42,468). Compared to 2019, wages are marginally up in North America and Latin America, and slightly down in EMEA and Asia-Pacific. The largest the salary gap between managers and staff is in Latin America (27%) and North America (26%), while decision-makers in Asia-Pacific only earn four percent more than their employees (maybe this is not applicable in New Zealand) where the gap between Managers, academic stuff is significantly large.


RAISES AND BONUSES

Nearly 60% of IT professionals received a raise in the past year. Raise percentages were consistent across all regions four to six percent.

The only outlier is decision-makers in Latin America whose salaries, on average, dropped

two percent year over year.


Reasons for a raise

Thirty-seven percent of IT professionals who received a raise attribute it to job performance,

while nearly 30% received a pay bump as part of a standard company increase. Fifteen

percent saw their salary increase as part of a promotion.

The reason for a raise impacts the amount of the raise. Twelve percent of individuals

who received a raise attribute it to new skills those same respondents earned nearly

$12,000 more this year. IT professionals who obtained a new certification saw their salary

increase nearly $13,000. Both of these numbers are strong indications that training pays

off.


Received a bonus

Worldwide, 66% of eligible decision-makers and 55% of staff earned a bonus this year both are up noticeably from 2019. In Latin America, 63% of decision-makers and 37% of staff received bonuses. Asia-Pacific region has 69% numbers in this category, as only 31% of the

eligible staff received a bonus.



RESPONSIBILITY LEVEL


Non-management IT staff (specialists, analysts, associates, level 1, etc.) account for 60% of this report. Average non-management salaries range from $37,766 in Latin America to $61.767 for Asia-Pacific, with a worldwide average of $80,510.


Popular job roles:

• Network engineer

• IT auditor

• Cloud architect


Mid-level professionals (managers and team leads) make up one-quarter of our respondent base. The average salary for these professionals is $79,180, which strangely is lower than the worldwide average for non-managers. Mid-level pros earn $115,599 annually in North America.


Popular job roles:

• Project manager

• Information security

• Infrastructure manager


Senior-level professionals account for13% of this year’s report. The average salary at this level is $108,576. Senior-level pros in Latin America earn $49.154, while those in Asia-Pacific make

$77.572 a year.


Popular job roles:

• Director

• Chief Security Officer (CSO)

• Program manager


INDUSTRY

IT professionals who work in the pharmaceutical, medical and biotech industry earn the highest global salaries at $113,031 annually while IT software professionals earn the most in the U.S. and Canada ($141,258).


The top-paying industry in Latin America (with a minimum of 10 respondents), while the highest salaries in Asia-Pacific are in government: military and homeland security.


The most popular industry is IT consulting, making up nearly 20% of our worldwide respondents.


WOMEN IN TECH

Fourteen percent of our survey respondents this year are women. Forty percent are

IT decision-makers, which is the same percentage as male decision-makers, even

though the women in our survey tend to be earlier in their careers. Forty-four percent

have 10 or fewer years of career experience, compared to 35% of men.





Over 40% work in two main job functions: audit/IT compliance and cybersecurity. Twenty-one percent of women IT professionals list their job roles as either IT audit manager of IT auditor. Another seven percent are IT, compliance specialists or managers. Three percent work in information security and two percent are a security manager or director.


A significant shift from 2019 is womens’ salaries. The average salary for a female tech professional is $91,373, which is an eight percent increase year over year.


Source: Global Knowledge

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