A couple of weeks ago, we had the pleasure of attending the annual PMI Conference. As well as our retro Space Invaders machine and our Nespresso coffee machine giveaway, while at the conference we also conducted a quick survey of the attendees. We asked everyone that dropped by our booth two simple questions:
- Do you feel you’re fairly remunerated for your work?
- What do you like best about your workplace?
The results gave us some great insights into IT salaries and the workplace priorities of many employees, shedding light on the importance of remuneration in the IT sector.
Remuneration
As it turned out, most respondents were satisfied with their pay. An overwhelming majority (79%) of those surveyed stated that they either agreed or strongly agreed that their current salary was fair. However, there were still a fairly strong number of people, 18%, who were unsure or didn’t agree that they were paid fairly.
This shows that there are still a significant number of people who, despite IT salaries continuing to rise, are not happy with how they are remunerated and may be open to moving.
Workplace Priorities
What people said they liked best about their workplace was also interesting. The most popular option by far was “People”, which 43% of attendees ranked as the thing they liked best about their workplace. This was followed by “Variety of work”, which 30% of people stated was the thing they liked most about their workplace.
These two options came out as the most important to respondents by some stretch, a long way above the rather middling “remuneration” option. This shows that, although there is a segment of IT professionals who are dissatisfied with their salary, pay is not the be all and end all for most. Other aspects of work, like having a good variety in their work and working with a team of great people, are far more important.
The full ranked list was as follows:
- People
- Variety of work
- Location
- Development
- Appreciation for work done
- Remuneration
- Fringe Benefits
- Highly ethical organisation
- Management
- Flexibility
- Social activities
- Company objectives
- Pets at work
Summary
We were delighted to attend the annual PMI Conference, and would like to thank everybody who got involved and took part in the survey. You’ve helped us draw some great insights into the IT industry and its people. For more insights into IT salaries and the sector as a whole, stay tuned to the RWA blog.
RWA’s new salary survey tool will go live at the beginning of November. To be notified when it goes live, please click here.