Relocation? If your answer is, “Yes, please,” the timing is right. The Computerworld IT Salary Survey 2015 confirms that business is booming and salary increases are back in a big way. As budgets are loosened, organizations are shelling out big bucks to land top IT talent. This year 67 percent of respondents reported a raise, with only 4 percent reporting a pay cut, compared with 60 percent reporting a raise and 8 percent reporting a pay cut in 2014.
What’s more, for the first time since the economic downturn, we’re seeing significant year-over-year gains in IT compensation, according to the survey. Total average compensation (including salary and bonus) is up 3.6 percent in 2015, versus 2 percent in 2014. This year, average salaries increased 3.6 percent, and average bonuses increased 4.6 percent, according to the survey results.
Back to that relocation question: Some metro areas reported even stronger gains in pay. Here they are the top 10 metro regions that have seen the greatest jump in pay over the last year, as well as their median home price and median salary. What — or perhaps where — is your next move?