The average starting salary for network security professionals is projected to jump by 10.9 per cent in 2001, a study by Toronto's RHI Consulting has shown. And those in network management positions s...
March 1, 2001
The average starting salary for network security professionals is projected to jump by 10.9 per cent in 2001, a study by Toronto’s RHI Consulting has shown. And those in network management positions should see a whopping increase of 12.7 per cent in base compensation this year.
The 2001 RHI Consulting Salary Guide, which examined IT salaries in Canada and the US, found that these networking professionals, along with software developers and data architects, will see the greatest rise in base compensation — well above the 8.3 per cent increase in the average IT worker’s starting salary.
“Businesses looking to safeguard corporate networks are actively hiring specialists skilled in establishing and deploying security standards,” says Katherine Spencer Lee, executive director of RHI Consulting. Spencer Lee says that overall, the hiring outlook remains strong, which will impact compensation levels as companies across all industries compete for top talent.
Other key findings in the salary guide include:
Network firewall specialists will be paid average starting salaries of between $59,750 and $82,750, an 8.4 percent increase over 2000.
Chief technical officers can expect a 10.6 percent increase in average starting salaries in 2001, bringing them to the range of $98,750 to $152,500 annually.
Database administrators will receive average starting salaries of between $72,500 and $105,750 annually, up 11.8 percent over 2000.
Internet developers will see starting salaries increase by 10.8 percent over 2000, with base compensation ranging from $56,250 to $76,750 per year.
Electronic commerce specialists will see a 10.1 percent increase in average starting salaries. Base compensation will range from $59,750 to $89,500 annually.
Help desk managers will see an average increase in base compensation of 5.3 percent, with starting salaries in the range of $68,750 to $95,500 per year.
Average starting salaries for systems administrators will increase 7.8 percent over 2000, bringing them to the range of $50,250 to $70,750 annually.
The study found that industries expected to show particularly strong IT hiring activity in 2001 include the finance, insurance and real estate sector, as well as business and professional services.
For more information, visit RHI Consulting’s web site at www.rhic.com.