Meanwhile, with budget intended for increasing salaries of deserving IT employees, 64% of survey respondents granted a well deserved salary hike to their staff last year. For 36% of IT managers, however, implementing salary increases was not a priority. According to 46% of those who granted wage hike, the increase has no effect on their overall budget while 33% claimed the implementation of salary increases represented a corresponding increase in the IT budget. Increased labor or operating costs was the result of increasing compensation, according to eight percent of respondents.