IT salary survey 2014: The results

ACN’s annual IT Salary Survey aims to shine a light on the state of remuneration in the region’s IT sector

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IT salary survey 2014: The results The 2014 ACN IT Salary Survey received 386 qualified responses from IT professionals working in the Middle East.
By  Mark Sutton Published  November 25, 2014

The top earners were unsurprisingly, the CIOs, CTOs and IT directors, with an average of $151,000, although more respondents in this category reported making $200,000 or more than any other salary band. In the US, according to InformationWeek’s 2014 Salary Survey, CIOs made an average of $163,000; CTOs $131,000 and IT Directors $132,000.

Middle East IT managers made an approximate average of $89,100; with a median value of $81,000-$90,000 up considerably from last year’s median of $61,000-$70,000. In comparison, InformationWeek reported average salary for ‘Managers’ of $102,000, while ‘Senior Managers’ averaged $140,000.

Fifty-four percent of respondents added that they would get a bonus on top of salary this year, mainly based on personal and corporate performance.

Satisfaction
The overall outlook in the IT industry was better for 2014 than 2013, based on pay increases, satisfaction with salary and overall job satisfaction. Salaries appear to be increasing to a greater degree, with 70% of respondents saying they had a raise in the year, compared to 63% in 2013. Average increases were 2-5%. The proportion of those whose salary stayed the same fell correspondingly, from 32.9% in 2013 to 27% in 2014.

Satisfaction with salary levels was also up, with 35% satisfied with salary compared to 31% last year, although the split between those happy with salaries, neutral and unhappy stayed at roughly one third for each.

Click here to view the ACN Salary Survey 2014

Overall job satisfaction was also up slightly from 2013, with 56% reporting that they were satisfied with their jobs compared to 48% the previous year. The percentage of respondents who were dissatisfied also fell from 17% to 15%. Good work environment was cited as slightly more important than salary for job satisfaction, while good employer, challenging job, job stability and skills development were also given as important factors in job satisfaction.

In common with previous years, staff retention is still an issue for the IT sector. In terms of longevity, half of the respondents had been with their current employer for up to five years; half been with them over five years; however, in line with 2013, one third were thinking of changing jobs within 6 months, and two thirds expected to change jobs within two years.

Better salary was given as the most important factor in deciding to look for a new job, and opportunity for advancement ranked a clear second. New challenge, better environments, opportunity to develop skills and better benefits were also important.

Staffing & Training
When it comes to staffing levels, many IT organisations in the region struggle with maintaining a full complement of staff, particularly as demand for skills shifts to new technologies and companies have to attract new staff, or train up existing personnel.

In this year’s survey, 31% of organisations said they were understaffed and not hiring, slightly down from 36% in 2013. A small proportion (7%) were shrinking the IT department; more interestingly, only 17% of respondents said that their organisation was hiring in IT roles. This figure was down from one third of respondent organisations, and considerably out of line with other surveys. A 2013 survey by CompTIA showed 62% of organisations in the Middle East were hiring IT staff.

Similarly, Bayt.com’s MENA Job Index survey of August 2014, showed 64% of IT organisations were hiring, up from 48% in from the same index in February. Bayt also identified that most of these positions will be junior executives, as they are the highest in demand according to 37% employers.

Click here to view the ACN Salary Survey 2014

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