Friday, October 15, 2004

Sunshine from Meta Group

Group Advises CIOs to Plan for IT Staff Retention and 15 percent Salary Hikes

META Group advises CIOs to focus on innovative IT staff retention programs. The analysts are predicting that an improving economy will fuel IT staff salary increases by 10 to 15 percent over the next three years. The salary inflation will drive up labor costs through 2007, when they will represent upwards of 55 percent of a typical IT budget

Let it be so.

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