A recent study published In Staffing Industry Analysts says more than half of IT leaders expect overall IT staff salaries to increase this year despite declining budget expectations.
Nearly 60% of IT leaders predict that salaries will increase, a 20% increase from 2017.
- Much of these increases will be to compensate for cost-of-living expenses. However some IT managers are anticipating the need to increase salaries as a way to retain high level talent.
- There’s an IT talent shortage and employers are looking to keep that talent they already have any way they can.
Despite the talent shortage, IT leaders still plan to keep the same or increase team headcount.
The most difficult skills to find in 2018 according to IT leaders:
- 45% of those surveyed say software engineers, developers and DevOps
- 29% of those surveyed say Data analytics and security skills
Info from this survey was complied and assembled from the responses of over 1000 IT leaders.