Salary Growth Linked to Education and Training for IT
and....
...Business Professionals According to
2008 Report Conducted by Global
Knowledge and TechRepublic.
Mars 18th 2008
Global Knowledge, the worldwide leader in IT training and
business skills training, and
TechRepublic, a
leading online community for IT professionals, today
announced the results of a joint 2008 IT Skills and Salary Report
that yielded more than 7,000 respondents. Among the key
findings:
Modest Annual Salary
Growth
This year’s average was up 3.25% from our 2007
findings to $73,963. The number of participants that reported
receiving a raise was also up from 68.7% to 80%.
Education and Training Impact
Salary
The average salary for those with a four-year
degree is $76,446 compared to $65,712 for a certificate or degree
from a technical school. While four-year and graduate degrees offer
a more diverse education, additional training and certification
also have an impact on salary.
Training Required for Long Term
Success
While the demand for the IT professional is
increasing, critical technical skills are constantly changing, so
long-term success will require broader education and experience.
According to our research, the three fastest growing occupations
are network systems and data communications analysts, computer
systems analysts, and computer software applications engineers.
Popularity and Salary for Business
Certifications Grow
PMI’s Project Management
Professional (PMP®) and the IT Infrastructure Library™
(ITIL®) were among the highest paying
certifications.
Building Skills is A Training
Motivator
An overwhelming majority of 65% indicated
that their major motivation for training was to build new skills
and knowledge. As well, the report revealed an increase in
the popularity of business skills, including project
management.
Information Sector Projected to
Grow
The Bureau of Labor Statistics recently
estimated that the information sector will be the fastest growing
sector of the economy for the next ten years, reaching $1.7
trillion in 2016. Most of this projected growth is expected in
telecommunications, software publishing, and Internet.
The joint Global Knowledge/TechRepublic salary
survey was conducted via the Internet over a two-week period in
2007. With 7,193 respondents, the margin of error is less than +/-
0.12% at the 99% confidence interval.
To download the complete report, visit
www.globalknowledge.com/salary08
Presscontact
Rickard
Hagenstam
Nordisk marknadschef Global Knowledge
Tel: 070 - 579 16 62
E-post: rickard.hagenstam@globalknowledge.se
About Global
Knowledge
Global Knowledge is the worldwide
leader in IT and business training. We deliver via training
centers, private facilities, and the Internet, enabling our
customers to choose when, where, and how they want to receive
training programs and learning services. Our core training is
focused on Cisco, Microsoft, Nortel, and Project Management. Our IT
courses include networking, programming, operating systems,
security, and telephony. Our business courses feature project
management, professional skills, and business process curriculum,
including ITIL. Our more than 700 courses span foundational and
specialized training and certifications. Our OnDemand Software
division provides enterprise application training software
solutions that enable rapid user adoption and accelerate the return
on investment for enterprise application
implementations.
Founded in 1995, Global Knowledge
employs more than 1,500 people worldwide and is headquartered in
Cary, N.C. The company is owned by New York-based investment firm
Welsh, Carson, Anderson, and Stowe.
About
TechRepublic
TechRepublic
(www.techrepublic.com), a property of CNET Networks, Inc, provides
millions of IT professionals with essential technical content
dedicated to meeting their day-to-day demands for timely and
relevant information. TechRepublic’s members, representing all
segments of the IT industry, turn to the site for the information,
advice, tools and services they need to get their jobs
done.