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	<title>BusinessBrief.com &#187; industry</title>
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		<title>Are you paying too much for IT people?</title>
		<link>http://www.businessbrief.com/are-you-paying-too-much-for-it-people/</link>
		<comments>http://www.businessbrief.com/are-you-paying-too-much-for-it-people/#comments</comments>
		<pubDate>Mon, 25 Jan 2010 10:00:07 +0000</pubDate>
		<dc:creator>Valerie Helmbreck</dc:creator>
				<category><![CDATA[In this week's e-newsletter]]></category>
		<category><![CDATA[Technology]]></category>
		<category><![CDATA[industry]]></category>
		<category><![CDATA[IT]]></category>
		<category><![CDATA[salary]]></category>
		<category><![CDATA[survey]]></category>
		<category><![CDATA[title]]></category>

		<guid isPermaLink="false">http://www.businessbrief.com/?p=6035</guid>
		<description><![CDATA[There are lessons to be learned from the latest survey of technology executive salaries: Be careful what you call your IT chief: That&#8217;s because, while salaries for these folks vary widely across industries, the titles conferred on them often determine their going rate. So which IT leaders make the most? It depends on how you [...]]]></description>
			<content:encoded><![CDATA[<p>There are lessons to be learned from the latest survey of technology executive salaries: Be careful what you call your IT chief: <span id="more-6035"></span></p>
<p>That&#8217;s because, while salaries for these folks vary widely across industries, the titles conferred on them often determine their going rate.</p>
<p>So which IT leaders make the most?</p>
<p>It depends on how you do your calculations. The highest average salary is that of a senior IT exec in the wholesale and retail industries at $193,077. The average salary of someone with that position in health care is $175,293. But if you look at the median salary for that title in health care, the salary is $170,00, while median salaries in wholesale/retail are lower, at $165,000.</p>
<p>The survey, conducted among readers of SearchCIO.com and SearchCIO-Midmarket.com in the fourth quarter of 2009 via email, collected info from 952 IT execs in 21 industries and all regions of the U.S.</p>
<p>It defined a senior IT executive as having a title of vice president, executive vice president, senior vice president, CIO, chief technology officer or chief information security officer. Mid-level IT executives were defined as those at the director level, and IT managers were categorized as having one or more direct reports.</p>
<p>Mid-level IT execs and IT managers earned best in the financial services industry,</p>
<p>Who fared worst? That would be government workers with fancy titles.</p>
<p>In fact, the pay differential between a CIO or Senior level IT exec in the wholesale/retail industry and government was huge, with the former averaging total compensation of over $193,000 and the latter pulling down a mere $113,000.</p>
<p>However, in the lower ranks of mid-level and IT manager, government employees get much more competitive compensation. For example, IT managers in the Wholesale/Retail industry pulls down a total average compensation of $97,066, while their counterpart in government collects $97,782.</p>
<p>Worst paid of all: IT managers in education.</p>
<p>To take a look at the survey’s results, visit <a title="CIO salary survey results" href="http://searchcio.techtarget.com/news/article/0,289142,sid182_gci1377831,00.html?track=NL-981&amp;ad=743165&amp;asrc=EM_USC_10610978&amp;uid=5993071#" target="_blank">here</a>.</p>
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		<title>One industry every company should target in 2010</title>
		<link>http://www.businessbrief.com/the-one-industry-every-company-should-target-in-2010/</link>
		<comments>http://www.businessbrief.com/the-one-industry-every-company-should-target-in-2010/#comments</comments>
		<pubDate>Mon, 14 Sep 2009 10:00:08 +0000</pubDate>
		<dc:creator>Bob Hill</dc:creator>
				<category><![CDATA[Special Report]]></category>
		<category><![CDATA[2010]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[execs]]></category>
		<category><![CDATA[industry]]></category>
		<category><![CDATA[marketing]]></category>
		<category><![CDATA[research]]></category>
		<category><![CDATA[retail]]></category>
		<category><![CDATA[sales]]></category>
		<category><![CDATA[sector]]></category>
		<category><![CDATA[study]]></category>
		<category><![CDATA[survey]]></category>

		<guid isPermaLink="false">http://www.businessbrief.com/?p=3281</guid>
		<description><![CDATA[Seven out of ten retailers predict higher revenues in 2010. But that&#8217;s not all they&#8217;re predicting, according to a recent survey. The survey, conducted by global marketing giant KPMG, also revealed: 49% of top-level retail execs believe their industry is in a position to bounce back much quicker than most other sectors out there 84% [...]]]></description>
			<content:encoded><![CDATA[<p><img class="alignnone size-full wp-image-841" title="sales" src="http://www.businessbrief.com/wp-content/uploads/2009/06/sales.jpg" alt="sales" width="360" height="359" /></p>
<p>Seven out of ten retailers predict higher revenues in 2010. But that&#8217;s not all they&#8217;re predicting, according to a recent survey. <span id="more-3281"></span></p>
<p>The survey, conducted by global marketing giant KPMG, also revealed:</p>
<ul>
<li>49% of top-level retail execs believe their industry is in a position to bounce back much quicker than most other sectors out there</li>
<li>84% believe the job market will improve steadily</li>
<li>66% see tremendous possibility for higher profitability</li>
<li>52% believe economic stability is on the way, and</li>
<li>Less than 15% predict more layoffs in the year ahead.</li>
</ul>
<p>With all this free-flowing optimism swirling about, now&#8217;s the time to develop strategies for targeting the retail sector in the year ahead.</p>
<p>What&#8217;s the best strategy for doing so?</p>
<p>Here&#8217;s what retail prospects will respond to the most, according to the<br />
KPMG survey:</p>
<ul>
<li>54% are interested in growth investment strategies</li>
<li>46% want new ways to cut costs</li>
<li>55% are interested in solutions that restore consumer confidence</li>
<li>51% want to branch out and tap into new revenue streams, and</li>
<li>46% are looking for ways to respond to customers&#8217; changing needs.</li>
</ul>
<p>These are the areas management needs to focus on if they&#8217;re interested in capitalizing on an industry that&#8217;s suddenly open for business again.</p>
<p>Do you agree that 2010 will be a better year for business? Or do you think we&#8217;re in for more of the same? Feel free to share your thoughts in the comments section below.</p>
<p><em><strong>Source: </strong>&#8220;<a href="http://www.salesandmarketing.com/msg/content_display/sales/e3i85e5bb2dd55c9c87fb5c59813aea7f0e">Survey: 70% of Retailers Optimistic for 2010</a>,&#8221; by Stacy Straczynski, </em>Sales and Marketing Management Magazine<em>, 8/19/09</em></p>
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