When there simply aren't enough qualified applicants to fill all available IT opportunities, the imbalance in supply and demand often leads to compensation higher than firms anticipated paying. In the case of the most highly sought-after skills, the time to fill a position may take as long as one year. According to the findings of Computerworld's 2009 Salary Survey, the title of information security manager had the highest total compensation increase, followed by network engineer, business intelligence analyst, software developer and storage administrator. Although the salary increases for these jobs are modest, career experts say the increases are reflective of current trends in the market.
A lack of adequate supply for some popular IT skills will fuel salary demands. In 2009, the title of "information security manager" topped the list of biggest compensation increases. It's a growing field internationally and has undergone a great deal of maturing, so there has been tremendous growth as a career option for experienced candidates. Information security jobs have also become elevated in organizations, putting upward pressure on pay. Based on CIO surveys, information and network security is a leading concern. In a recent Robert Half Technology survey, seven out of 10 respondents said that they will invest in IT initiatives in the next year, with 43 percent saying that information security projects top their lists. Virtualization (28 percent) and data center efficiency (27 percent) were next.
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