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Eight of the world’s ten
highest-paying countries for information technology (IT) managers are in
Western Europe, according to a new survey by Mercer Human Resource
Consulting. The survey found that Swiss managers are paid the most,
followed by those in Germany and Denmark.
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Highest-paying
countries for total pay* for IT managers
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|
Rank
|
Country
|
Pay
(US$)
|
|
1
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Switzerland
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161,900
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|
2
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Germany
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126,700
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3
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Denmark
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116,000
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|
4
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Japan
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112,300
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5
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Belgium
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109,600
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6
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Ireland
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108,800
|
|
7
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UK
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105,700
|
|
8
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Hong
Kong
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97,600
|
|
9
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Italy
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93,900
|
|
10
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Spain
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93,200
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*Total
pay includes base pay and bonuses.
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The survey, covering over
5,300 companies worldwide, found that the average total pay for IT
managers in Switzerland is US$161,900 a year, including base pay and
bonuses. Managers in Germany earn US$126,700 on average, while those in
Denmark can expect to receive US$116,000. Japan and Hong Kong are the
only countries outside Western Europe that rank in the top ten for pay,
where IT managers earn an average of US$112,300 and US$97,600 a year
respectively.
IT managers in the UK and
US rank 7th and 14th and earn US$105,700 and US$89,100 respectively.
The survey, which provides
pay information for various IT roles in 36 countries globally, is used
to help multinational organisations benchmark salaries and allocate
global IT budgets.
Stephen Cahill , European
Partner at Mercer, commented: “Experienced IT managers are highly
sought-after in Europe and there is strong competition to attract and
retain skilled employees. Multinational organisations rely heavily on
their global IT operations, so they need to ensure their pay is
competitive.”
The survey found that, at
the other extreme, IT managers in Vietnam, the Philippines, and India
receive the lowest pay, at US$20,100, US$20,700, and US$26,500 a year
respectively.
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Lowest-paying
countries for total pay* for IT managers
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|
Rank
|
Country
|
Pay
(US$)
|
|
36
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Vietnam
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20,100
|
|
35
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Philippines
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20,700
|
|
34
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India
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26,500
|
|
33
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Bulgaria
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28,800
|
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32
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Malaysia
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28,800
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*Total
pay includes base pay and bonuses.
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Mr Cahill added:
“Although pay in Asia and Eastern Europe tends to be much lower, it
would be difficult for companies to outsource the IT manager role to
these regions. Instead, we may see a migration of IT skills from lower
paying countries to places in Western Europe and North America.”
IT support
supervisors
The report also examined
pay levels for IT support supervisors. Again, Switzerland is the
highest-paying country for this position, where employees earn
US$120,500 on average. IT supervisors in Germany and Japan earn
US$91,600 and US$87,900 a year respectively, while those in Belgium can
expect to receive US$86,100.
The lowest-paying countries
are Vietnam and the Philippines, where IT supervisors earn US$7,000 and
US$9,700 respectively.
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