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2020 Houston IT Hiring Trends and Compensation Report Executive Summary
Here are the highlights from our annual hiring trends survey of Houston IT leadership for calendar year 2020.
50% of IT Leadership expect an increase in IT budget and 19% will reduce
48% of IT Leadership expect an increase in total IT staffing level and only 8% will reduce
Security is the biggest issue facing CIOs 5 years running
Highest professional growth potential is in Security, Business Intelligence, Cloud Computing
76% of IT Leadership are planning on increasing base salaries
48% of those increases will be in the 4-6% range the highest ever
74% include bonuses as part of total compensation
59% of bonuses will pay out in the 10-20% range the highest ever
75% of employed IT professionals are either actively or passively looking for new positions
90% of contractors are either actively or passively looking for new contracts
80% of companies have no formal employee retention plan
2020 Houston IT Hiring Trends and Compensation Report - white paper