IT salaries are falling faster than in other sectors, according
to online jobs website Experteer.
While
average salaries for senior executives have risen in finance,
consulting and the public sector, in IT the figures are down 7% in
the last six months.
Project managers in IT have seen salaries fall 6% to an average
of £62,000. Managers with responsibility for a team have seen a 4%
drop to £77,000. Business unit leaders have seen a drop of 3% to
£115,000.
The company said the fall is due to a drop in the number of
available jobs in the IT sector. Managing director Torsten Muth
said: "Ambitious IT executives facing a fall in reward for their
next step on the career ladder, should consider whether their
experience might be relevant to other industries in which salaries
continue to rise, such as consulting and financial services."
