Janco Associates, Inc.
Janco Associates, Inc.

Preliminary Salary Survey Results Show IT is a Good Place to be per Janco

Preliminary results from a Salary Survey that will be released by Janco Associates shows a very favorable job market among IT professionals.

Park City, CT, May 26, 2007 --(PR.com)-- Janco in its preliminary analysis is finding that IT professionals are doing better now than any time since the dot com bust. Victor Janulaitis, the CEO of Janco said, "For the first time since the dot com bust there has been a significant increase in demand for IT Professionals. Hiring is up across the nation as companies begin to focus on business expansion and addressing the needs caused by the expansion of technology into every facet of the business environment."

The full 2007 Mid Year IT Salary Survey will be released on June 18th. The preliminary findings of Janco are:

1. Salary increases in the range of 2.5 to 4.5% are now the norm for high performers.
2. Enterprises of all sizes are now increasing their training budgets.
3. Hiring for all levels of IT professionals in all sizes of enterprises has increased significantly.
4. A little over 76% of top (executive level) IT professionals have received bonuses in excess of $5,000 in the last 12 months.
5. Enterprises are starting to open the hiring gates as application and project backlogs build up and enterprises see continued growth.
6. Demand is high in the internet and network areas of e-commerce, voice/wireless communication, object programming, data security and data warehousing as enterprises try to prepare for Web 2.0 and of the new wireless technology.
7. In Janco's prior reports, they found a number of 'baby boomer' who had planned on retiring in 2003 and 2004 but did not are now starting to retire.

Janco has been conducting salary surveys since 1997 and continues to use the same methodology in order to provide consistent information to its clients. The survey is produced twice each year - once in January and once in July. Janco also has full job descriptions that are available for purchase. More information can be obtained on Janco's web site janco.com/salary.htm.

Janco Associates, Inc.
Victor Janulaitis