IT professionals better off than they think

More IT managers are receiving bonuses than managers in other professional areas, and the sums involved also higher, new research has shown.

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More IT managers are receiving bonuses that than managers in other professional areas, and the sums involved also higher, new research has shown.

Figures from the 2007 Survey of Employee Benefits and Additional Payments produced by analyst firm Computer Economics’ revealed that 67.5% of IT managers receive bonus payments, compared with 62.1% of managers in all professions.

But the percentage of non-managerial IT staff receiving bonuses is smaller, at just 53.3% - below the 56% percent of all employees that receive the extra payments.

The survey, which included nearly 9,500 IT managers, 42,750 IT staff and more than 3,300 IT consultants among the 55,500 employees polled, found that bonus payments for IT professionals averaged 10% of basic salaries, compared with 9% for all employees.

The research found that annual leave entitlements were the same for IT staff and employees across industry, with an average holiday entitlement of 25 days. But home working was available to slightly more IT staff – 79%, compared with 77% across all employee groups.

The survey also revealed that the IT services industry offers better childcare support than other sectors of the economy, with 66% of IT services employers providing some form of childcare facilities for staff, more than double the 29% of employers offering this support in other industries.

Across all industrial sectors, the survey found that use of IT contractors had fallen over the past year. In 2006, 53% of employers had used contractors, down from 64% the previous year.

Trevor Morriss, reward management consultant at Computer Economics said: “The overall remuneration package available to IT staff remains as good as that to be found in most other specialist areas, such as accountants. Some stability in IT employment markets seems also to have been reflected in a fall in the use of contract staff."

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