CIO Statistics and Salary
The following represents statistics for CIO changes and salary, according to Janco Associates.
 |
| CIO Compensation by Industry | 2002 | 2003 |
|---|---|---|
| Insurance/real estate/legal | $255,975 | $223,897 |
| Computer-related | $228,338 | $209,574 |
| Manufacturing/process industries | $213,280 | $176,769 |
| (noncomputer-related) | ||
| Education | $145,384 | $126,172 |
| SOURCE: Janco Associates | ||
|
The Diminished CIO
The numbers tell a sad story
22% of CIOs in 2003—as opposed to 11% in 2002—are now reporting to CFOs
IT budgets declined or were flat for four consecutive quarters (through Q2 2003)
84% of CIOs say their IT function is being budgeted as a cost center
7 out of 10 companies are currently outsourcing some type of IT operation, which is predicted to jump to 100% in 2006
Average large company CIO compensation dropped 16% from $434,000 in 2001 to $363,000 in 2003
SOURCES: 2002/2003 "The State of the CIO" surveys, PricewaterhouseCoopers, Wendover-Global Insight IT Spending Index, Meta Group, Janco Associates
EAN: 2147483647
Pages: 213