IT budgets up, but salary cuts still a concern: study

24.10.2012

* Staff turnover remains low. among IT employees has been consistently low over the last few years, at 5.2% in 2009, 5.5% in 2010, 5.51% in 2011, and 5.23% in 2012.

* CIOs are sticking around for longer terms. At the highest tier, IT pros are keeping their jobs longer than they have in the past. In 2012, CIOs said they've had their jobs for 6 years on average, up from 4.5 years in 2011 and 5.1 years in 2010. Over the last seven years, the was 4.6 years.

* Salary cuts a reality for more IT staff. increased for 60% of IT staff in 2012. Meanwhile, 29% reported unchanged salaries, and 11% said salaries declined in 2012. One troubling trend: More respondents reported shrinking salaries in 2012 (11%) than in 2011 (8%), and an even larger percentage (13%) expects to see salary cuts in 2013.

* Personnel costs consume the lion's share of IT funds. Where does the money go? A breakdown of 2012 IT budget allocations shows about 60% of , including staff and consultants.

BUDGET BREAKDOWN