Published: Wed, 19 Oct 2016 09:34:19 -0600Copyright: © 2016 Janco Associates, Inc. -- ALL RIGHTS RESERVED
Mon, 17 Oct 2016 14:35:55 -0600
Highest Paid CIOs
The top salary for a CIO last year was $13.5 million. Tim Theriault of Walgreens Boots Alliance was the lucky winner. His base salary and bonus was $1.4 million. He recieved $12.1 million in the form stock, options and "other compensastion.
Mon, 17 Oct 2016 14:32:22 -0600Multiple salary surveys are a must for compensation management The HR and IT function should be collecting as much data from reputable sources as possible - that means typically three salary surveys that have good coverage of an industry or geography. One way is to participate more salary surveys to qualify for discounts, increase networking with peers in other companies, and get a better range of results than you can get with a single surve. It is the CIOs and HR's responsibility to effectively manage the organization's investment in salary surveys. It is important to always have an idea of what products are out there. By gathering more data, you'll be equipped to establish whether a particular survey is consistently higher or lower than another for similarly defined jobs. Despite a constantly changing workplace where jobs rapidly change or don't exist at all, survey data continues to be a mainstay for effectively managing compensation. [...]
Wed, 17 Aug 2016 16:04:47 -0600
Are men paid $10K higher than women for the same job?
Men in IT earn a median of $82,370 a year compared to $72,035 for women, according to new data by the U.S. Census Bureau.
The Census Bureau didn't offer any theories about the wage gap highlighted in its data, but the raw numbers may not tell the real story, according to Victor Janulaitis, CEO of Janco Associates, an IT workforce research firm.
In terms of IT, women now have more management positions than at anytime in the past, said Janulaitis. Of the largest 1,000 corporations, more than 19% of the CIOs were women, according to his data.
In terms of the wage disparity, Janulaitis notes that the census bureau deals with averages. "Many of the entry-level positions in IT are taken up by women who are 're-entering' the IT labor force after they have started a family," said Janulaitis. "In our surveys and analysis of compensation, we find no correlation between gender and compensation. Rather, the contributor to compensation is length of time in a position or with a company."
Sun, 14 Aug 2016 11:48:58 -0600
IT hiring kit is a winner for successful CIOs
(image) When CIOs are given the task to fill open positions, they need to act fast so thier organization doesn't lose productivity and money while you weed through a sea of unqualified résumés. Many CIOs turn to Janco Associates IT Job Descriptions and it IT Hiring kit to make thier lives easier and find the right talent in less time. As the IT focused hiring took kit, Janco brings recruiting, compensation and benefits professionals all the tools they need.
Sun, 07 Aug 2016 15:02:16 -0600
Companies face demographic change as Baby Boomers continue their steady departure from the workplace. At the same time, recruiting and retaining employees to work in large companies is becoming more difficult as freelance and entrepreneurial ventures become more popular, especially among Millennials.
IT Job Family Classification System HandiGuide - This HandiGuide provides a step by step methodology and architecture to define job families and and align them with pay grades.
Tue, 19 Jul 2016 10:48:20 -0600
(image) Telecomputing is on the rise
More Americans tele-computing and working longer hours from home and on the road.
The BLS found that 24% of all U.S. workers did some or all of their work from home last year, compared with 19% who worked from home in 2003.
Management, business and financial occupations led all categories of remote workers, at 38%, with those working in the professions right behind at 35%.
Not only are there more Americans working from home, but the average time they do so has increased, up 40 minutes to 3.2 hours a week in 2015.
Fri, 24 Jun 2016 15:16:59 -0600
Executive IT Salarys up more than staff salarys according to preliminary results of the mid-year Janco IT salary survey
The gap between the pay of IT executives and rank-and-file workers widened once again in 2015, according to the annual compensation survey from Janco Associates.
Among 243 respondents with titles including CIO, CTO, VP IT, and IT Director the average base salary was up 4.0% from 2014.
Thu, 16 Jun 2016 11:37:04 -0600
IT graduates hit good job market
Widespread demand for talent at all levels, not just at the entry level. IT unemployment is around 2.5%, and 80% of IT professionals are willing to listen to [offers for] new job opportunities, even when they're happily employed. So there's this huge talent gap, this huge supply-and-demand chasm out there, where you just can't get enough of the IT talent you're looking for.
Sun, 05 Jun 2016 16:45:53 -0600
Is a recession around the corner?
The IT job market does not look good with the loss of 27,700 jobs in May.
Fri, 20 May 2016 16:19:22 -0600New overtime pay rules released The U.S. Department of Labor released its revised overtime rules. The exempt salary threshold level will increase from the current minimum of $455 per week, or $23,660 a year, to $913 per week, or $47,476 annually. [...]
Wed, 11 May 2016 12:07:33 -0600
The higher the level of education, typically the greater is the compensation and lower the unemployment rate is.
Mon, 02 May 2016 15:12:57 -0600
Staff retention will be key to success
(image) Cash is king for retaining top talent. Short-term incentive design is a complex process with many variables to consider. Although a cost-effective approach for motivating executives, your plans must strike a balance between sustainable value sharing while keeping ethics and pay equality in check.
CIOs need to strengthen thier expertise of short-term incentive plan design and strategy. To help avoid misalignment, CIO must gain insight on how to identify and weigh critical factors unique to thier business, staffing needs, and staff retention.
Mon, 11 Apr 2016 09:26:50 -0600
Data Scientist job description
The Data Scientist is the postion that is hardest to fill as companies swim in more data than they know what to do with. Big data is the marriage of structured data (a company's proprietary information) with unstructured data (public sources such as social media streams and government feeds).
Big data no longer suffering from the lack of tools with R and Hadoop. Data Scientist are geared to get value out of this critical resource.
Requirements for this position are:
Tue, 22 Mar 2016 15:16:18 -0600Employees not productive 25% of the time 25% of the time employees are not doing much work based on validated responses from nearly 2,000 employees. Businesses use absenteeism rates as an indicator of engagement and productivity because it's easy to quantify. But a growing body of independent research indicates that businesses are focus on the wrong measure of productivity; absenteeism is not the major culprit. While employees are absent from work an average of four days per year each, they say theye are unproductive on the job for 57.5 days each - almost three working months. Human Resources Internet and IT Position Descriptions HandiGuide Without good personnel no Information Technology organization can succeed. The first step in getting the right people is to know what roles and responsibilities they have. The Internet and IT Position Descriptions HandiGuide has this plus more. Some of the "c-Level" descriptions included in this offering are: Chief Information Officer(CIO) Chief Information Officer (CIO) - Small Enterprise Chief Security Officer (CSO) Chief Compliance Officer (CCO) Chief Mobility Officer (CMO) Chief Technology Officer (CTO) Chief Digital Officer (CDO) To see the structure used for all of the job descriptions go Job Description Structure. [...]
Thu, 18 Feb 2016 18:06:32 -0600
Hertz cuts 230 IT jobs as it outsources
Hertz will cut 230 IT jobs as they outsource work to IBM. The employees work at a Hertz technology center in Oklahoma City, Okla.
Hertz's CFO said they have 1,500 people in the back office, which is quite double what it should be. He said the firm's IT spend is over $400 million a year.
Fri, 12 Feb 2016 12:55:40 -0600Hot Microsoft skills highlighted by Janco Hot Micosoft skills have been highlighted by Janco Associates in its 2016 IT Salary Survey. The skills in high demand are: SQL Server - Big Data is the driver on this - Microsoft SQL Server skills can command a 10% premium over other data and database administrator positions .Net - .NET development skills can command an 8% premium over starting salaries for application development positions Sharepoint - part of the enterprise computing environment and Sharepoint skills can command a 9% premium over starting salaries Windows 10 - as enterprise adoption of Windows 10 continues, demand for administrators who haveworked with the new platform is increasing -- many potitions are available Azure - Cloud based solutions are expanding and Azure skills can command up to 10% more than traditional IT positions [...]
Sat, 23 Jan 2016 14:42:39 -0600
California's Paid Sick Leave Law
California laws governing benefits are complex at best. California employers must allow their eligible employees to accrue at least three paid sick days per year. The new law is among a swelling number of paid sick leave laws being enacted in cities and states across the United States. Compliance to the law as well as posting requirements is required.
Under the new law, employers of all sizes, including very small businesses, must allow employees who work at least 30 days per year to earn and take paid sick days. All types of employees - including full-time, part-time and temporary - can be covered by the law.
Beyond the accrual rules, employers must also take some steps to ensure employees know how many sick days they have available and inform them of their rights.
Mon, 18 Jan 2016 14:02:56 -0600IT Job Market News Job Market DC leads the country with the 7.3% unemployment rate Job Market DC leads the country with the highest unemployment rate 19 states have unemployment rates of 6.0% or greater in December Even with... Unemployment Data Is The BLS Playing With It? Feds say they may delay the unemployment report It is ever so amazing that the feds are now saying that they may delay the unemployment... Unemployment picture looking better but Unemployment remains over 8% in 14 states Unemployment picture is looking better in many parts of the country, however some states continue to see levels... IT Employment Up In a Soft Job Market Between the first to second quarter of this year, the unemployment rate of computer hardware engineers went from 4.4% to 0.5%. For software developers, the... Unemployment Levels over 6% in 12 states Unemployment Levels over 6% in 12 states State Unemployment Levels Unemployment Levels by State The National unemployment data provides a measure of the health... [...]
Thu, 07 Jan 2016 11:38:58 -0600
IoT Manager new job title in IT
(image) 2016 Internet and IT Position Description released by Janco. It now contains 273 Job descriptions and a full organization chart.
Tue, 01 Dec 2015 11:09:34 -0600IT Job Market continues to be tight IT Job Market continues to be tight according to the analysis of Janco. Once the data comes out for the last two months of the year, Janco predicts only limited growth. IT Job Market Articles Unemployment Levels over 6% in 12 states Unemployment Levels over 6% in 12 states State Unemployment Levels Unemployment Levels by State The National unemployment data provides a measure of the health... Unemployment rate grim for 13 states Unemployment rate grim for 13 states Unemployment rate is grim for 13 states. Both Nevada and California have had the highest unemployment rates for over 24... Job Market DC leads the country with the 7.3% unemployment rate Job Market DC leads the country with the highest unemployment rate 19 states have unemployment rates of 6.0% or greater in December Even with... IT Job Market is Stagnant IT Job Market Shows Few Signs of Growth The latest BLS unemployment rate has gone down, but so has the job participation rate which fell... IT Job Market Growth Slows (16.1) IT job market growth slows to 5,700 in February from 9,800 in January according to BLS data says Janco Even with the unemployment rate falling... [...]
Fri, 06 Nov 2015 17:37:15 -0600
Small business added zero workers per firm last month. Nearly a third (27%) of the small businesses said that they could not fill positions because they could not find qualified applicants.
In addition, Small-business owners are still consumed by a large cloud of uncertainty and cannot find qualified workers to fill their open positions.
Fri, 18 Sep 2015 18:39:06 -0600Historic Job Market News - releated readings Unemployment Levels over 6% in 12 states Unemployment Levels over 6% in 12 states State Unemployment Levels Unemployment Levels by State The National unemployment data provides a measure of the health... Job Market DC leads the country with the 7.3% unemployment rate Job Market DC leads the country with the highest unemployment rate 19 states have unemployment rates of 6.0% or greater in December Even with... Unemployment is over 9% in 8 states not a good sign for IT Pros As people continue to forecast an improvement in the economy, the latest BLS data shows there still are 8 states with unemployment number that are... Top 10 States with the Highest Unemployment Rates 10 States Have Unemployment Rates over 9% In the latest release of state unemployment rates there are 10 states which stand out because of their... Unemployment picture looking better but Unemployment remains over 8% in 14 states Unemployment picture is looking better in many parts of the country, however some states continue to see levels... [...]
Fri, 21 Aug 2015 18:21:09 -0600IT Job Market News and Current Articles Unemployment Levels over 6% in 12 states Unemployment Levels over 6% in 12 states State Unemployment Levels Unemployment Levels by State The National unemployment data provides a measure of the health... Top 10 States with the Highest Unemployment Rates 10 States Have Unemployment Rates over 9% In the latest release of state unemployment rates there are 10 states which stand out because of their... Unemployment is over 9% in 8 states not a good sign for IT Pros As people continue to forecast an improvement in the economy, the latest BLS data shows there still are 8 states with unemployment number that are... Unemployment picture looking better but Unemployment remains over 8% in 14 states Unemployment picture is looking better in many parts of the country, however some states continue to see levels... Job Market DC leads the country with the 7.3% unemployment rate Job Market DC leads the country with the highest unemployment rate 19 states have unemployment rates of 6.0% or greater in December Even with... [...]
Sun, 02 Aug 2015 14:00:21 -0600Women make up almost one quarter of the CIOs who made the top 40 list of highly paid CIOs published by Janco Associates. In order to make the list the compensastion of the individuals had to public via SEC filings and the the cut-off point on the list was $1.1 million. The data was based on what was reported for 2014. Click to enlarge [...]
Thu, 02 Jul 2015 07:30:53 -0600Career and Compensation current readings 2015 Mid-Year Salary Survey Released by Janco 2015 Mid-Year Salary Survey Released by Janco 2015 Mid-Year Salary Survey Janco Associates, Inc. has just released its 2015 mid-year salary survey. To read about... IT Budget Requests for 2015 are up IT Budget Requests for 2015 are up CIOs are presenting IT budget requests for 2015. Small to mid-sized business with fewer than 250 employees are... Which IT Jobs are in High Demand High Demand for Which IT jobs CIOs and HR Managers are asking the question which IT jobs are in high demand. Janco found that Android continues to... IT Staffing 2015 IT staffing 2015 IT staffing companies and researchers released a flurry of information as the first half of the year ended. 2015 is looking great...[...]