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Right person in the right job, are you? Are you paid enough? Do you work for the hottest sector? With the right job profile? Surprised why ITNext asks these questions? You ought to be.
After all, it is all about the salary you earn and the job profile you are associated with which determines your future career path. I am sure most senior and mid-level IT managers would like to have a sense of how the compensation structure in the IT industry is worked out, and what the various variables observed across enterprises are.
Most often, we find that when it comes to the discussion around compensation or salary or remuneration or whatever you may call it, it is always understated--while the curiosity to know what peers get paid is always strong.
Most often, we find that when it comes to the discussion around salary, it is always understated --while the curiosity to know what peers get paid is always strong
There is always an urge to find out what the right structure is and what the industry standards are. In an effort to address this curiosity, team ITNext decided to do a cover feature on the IT managers’ salary survey.
Links of the stories are given at the bottom of the article.
The cover feature titled, “Are you paid enough”? in the April edition of ITNext offers 100 per cent intrinsic and realistic data about the compensation breakup of IT professionals with regard to organisation size, industry vertical, age group, designated groups, regional wise split, skills sets, certifications, and so on.
Besides, an effort is made to support the findings with the perceptions of CEOs, CFOs, CIOs and HR heads--in terms of how they perceive the compensation structure of IT managers and what they should do to better them by acquiring appropriate skills sets.
I recall one of the CEOs saying, “We make it a point to compensate employees at par with industry standards, and continuously look for ways to make our compensation packages more lucrative and fulfilling in terms of the value an employee seeks from the organisation”.
That should say it all.
___________IT Managers' Salary Special_________
What's the Average Compensation of an IT Manager?
43.8 per cent of the senior IT managers who are in the age group of 46 to 50 years are in the income bracket of `21 to `30 lakhs
IT Folks are Rightly Paid, Enable Me to Grow More: CEO
CEOs expect IT teams to possess a business mindset, critical thinking capabilities, along with innovative problem solving methods across financial and risk management
Do IT Managers' Compensation Tally with Their Experience?
Neither the experience nor the company size do matter much when it comes to IT Managers' compensation
Do IT Managers’ Compensation Commensurate with Their Evolving Roles?
It all boils down to how IT as a function is positioned in the organization and there is nothing called perfect compensation package
How IT Managers Can Make the Most of Career Opportunities
Evangelize technologies, build communities, and advocate thought leadership’ are the three things IT managers should focus moving forward
Do CFOs Influence Compensation Packages for IT Teams?
CFOs expect senior IT teams to understand the scope of the projects they undertake and their financial implications before putting up their budget for approval
Are IT Managers from Non-Tech Backgrounds Paid More?
Technology background is not the only criterion, finds IT Next IT Managers’ Salary survey
Do IT Managers’ Salary Depend on Organization Size?
Majority of IT managers are under the income bracket of Rs 11-20 Lakhs, irrespective of the organisation size
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