ITA Releases 2017 Salary & Benefits Survey Results CHICAGO,

New Post Public Reply Private Reply Replies (0) Message Board
News Desk 2018
522
ITA Releases 2017 Salary & Benefits Survey Results

CHICAGO, IL --(Marketwired - November 01, 2017) - The Illinois Technology Association (ITA) announced today the release of its 2017 Salary & Benefits Survey Report. With over 100 local growth stage tech companies contributing to the survey, it contains salary information for over 111 job titles. Respondents spanned a broad range of company sizes, industry sectors and geographies.

The report also provides benefits benchmarking data. In today's tight talent market, benefits and perks are being weighed by candidates in job offers more than ever before. The survey found that work-life balance perks remained an area of great importance. In that regard, 93% offer work from home benefits and 88% of respondents provide flexible work hours. This flexibility is up from 60% of firms providing these perks last year.

Among other survey highlights:

  • .NET developers have the highest median salary of all developers at $104,219, edging out Ruby developers, who had the highest median salary in 2016.
  • We saw an uptick for Chief Revenue Officers with a median salary of $225,559, the highest of the C-Suite, showing an increased focus on sales leadership.
  • Talent continues to be top of mind, with companies looking for strong leadership in Chief Human Resources Officers with $205,667 median salary.
  • Other median executive salaries in 2016 included $199,930 for CTOs, $184,000 for CPOs, and $210,512 for CMOs.

"This year's survey results demonstrate an ever-more competitive Chicago tech-sector where firms are having to raise the package stakes to land talent," said Trisha Degg, ITA, VP, Talent Programs. "The Salary & Benefits survey remains a crucial tool for these technology leaders to offer complete and competent packages that secure highly-skilled, motivated and top-line talent."

The 2017 report was produced with long-time partner Objective Paradigm for the salary component. For the first time in this edition, ITA also partnered Assurance to provide robust employee benefits information. In addition to the new benefits insights, the report provides a breakdown of compensation statistics by job title, company revenue and more, including average, median, minimum and maximum salary and non-salary compensation for each job category. It is available at no charge to members who participated in the survey, $499 for ITA members and $999 for non-members.

For more information, email trisha@illinoistech.org .

About ITA

The Illinois Technology Association (ITA) scales Illinois tech companies. With innovative resources that allow members to collaborate with each other, build their talent networks and elevate their local and national presence, ITA is the region's strongest advocate for fostering innovation and growth. Founded in 2005 and supporting 500-plus growth-stage tech companies, ITA has a rich history of driving business forward. For more information, visit illinoistech.org , follow @ITAbuzz on Twitter or find us on LinkedIn .

Contact: Gary Hotze gary@illinoistech.org +1.312.924.1044

Scroll down for more posts ▼

Top 10 Most Recent News Articles

Coastal Construction Revamps South Florida's Equipment Game

Updated Category News Views 69

Revolutionizing Equipment Acquisition in South Florida Looks like the sun's shining a bit differently on South Florida's contractors. Coastal Construction Equipment, LLC just announced their big debut as a new player on the Cat Compact™ scene, turning the tides for those in the construction industry. With a plan that's as big as a bulldozer, they'll be breaking ground,...

Continue Reading
Andersen 400 Series Patio Door Wins 2027 Award

Updated Category News Views 52

Andersen's Winning Streak Continues Ever got that feeling when you see an old player pulling off a brand-new trick in the game they love? That's kind of what Andersen Windows just pulled off with their 400 Series patio door snagging the 2027 Home Reno Award from Good Housekeeping. You could say Andersen's figured out how to keep the classics fresh without losing that...

Continue Reading
International Tower Hill's Q3 Results: Gold Updates

Updated Category News Views 32

An Eye on International Tower Hill's Latest Moves You've got International Tower Hill Mines (TSX: ITH, NYSE American: THM) laying their cards on the table for the third quarter. This ain't just any routine check-in—it's a glimpse at their Livengood Gold Project, standing tall on the promise of gold beyond the horizon. A cool $106 million in cash? Not too shabby, folks....

Continue Reading
Welders Breathe Easier with New Helmet Innovation

Updated Category News Views 43

Breathing Easy in the Welding Sector There's a new contraption sizzling into the welding world, and it’s not sparks flying from a torch, but rather an innovative helmet design that aims to shield workers from the all-too-common health hazards in their line of work. Yes, you heard it right: a breath of fresh air for welders, literally. An inventor from Zanesville, Ohio,...

Continue Reading
Kavalan Whisky Expands into Ghana with Say Cheers

Updated Category News Views 115

A Taste of Taiwan in Ghana The whisky world just got a bit smaller with Kavalan’s latest move If you know whisky, you know Kavalan, the Taiwanese gem that's been steadily building its global footprint. And now, they've set their sights on Ghana. Yup, this one's not about rattling sabers but raising glasses! Partnering with Say Cheers Limited, Kavalan enters Ghana,...

Continue Reading
Terracon and Brickeye Join Forces to Reduce Concrete Risks

Updated Category News Views 135

Concrete Hassles Get Innovative Solutions Terracon and Brickeye have decided to work together to solve one of construction's nastiest headaches—mass concrete risks. It's a world where small mishaps can snowball into massive, costly blowbacks. Solid Partnership for a Solid Solution We're not talking about some half-baked fling here. This partnership is the real deal,...

Continue Reading
Suiteify Teams Up With Findity for German Launch

Updated Category News Views 45

Striking a Partnership That Makes Sense Today's deal rolls in like thunder on a quiet afternoon. Suiteify, the master of HR and business software in the DACH region, hooks up with Findity to unleash a new game-changer in Germany. They’re cooking up Suiteify Expense & Travel, and if you're in the mid-sized business space, it’s worth a pause to see how these two horses...

Continue Reading
Quantinuum & RIKEN Propel Japan's Quantum Leap Forward

Updated Category News Views 81

Quantum Computing: Japan's Bold New Frontier Quantum computing's buzz is getting louder, and the big players like Quantinuum and RIKEN ain't sitting on their hands. They've rolled up their sleeves to ramp up Japan's quantum-AI supercomputing game with the recent beef-up of Quantinuum's Reimei to its H2 system, putting Japan at the cutting edge of hybrid computing. The...

Continue Reading
Outdoor Learning: Sparking Preschool Curiosity Weekly

Updated Category News Views 29

Rekindling Curiosity in Nature’s Classroom With autumn’s crisp air rolling into Greenville, families have a golden opportunity to take learning beyond the traditional classroom. Archway Academy sees the beauty of this season as a sprawling classroom, one that doesn't confine young minds and bodies. For those of us focused more on dollars and sense, the financial...

Continue Reading
Jacobite Steam Train Redefines the Harry Potter Experience

Updated Category News Views 50

Turn Fantasy into Reality: A Ride Unlike Any Other Ever fantasized about stepping right into the pages of your favorite tale? Well, the Jacobite Steam Train gives Potterheads just that: a literal ride through Harry Potter’s world, but in the heart of Scotland. As HBO's fresh take on the Harry Potter series is about to drop this Christmas, the buzz is lining the tracks...

Continue Reading

Top 5 Most Recently Viewed Articles

Celebrating Two Years of Market Resilience: Key Players in S&P 500

Updated Category News Views 104

Two Years of Resilience in the Bull Market The current trend of the bull market has reached a significant milestone, marking two years since its commencement. This journey has exhibited remarkable endurance, overcoming fears of recession, rising interest rates, and significant skepticism from among investors. Commencing from a low point on October 12, 2022, the S&P 500...

Continue Reading
Micropsi Industries Transitions to U.S. Headquarters for Growth

Updated Category News Views 139

Micropsi Industries Moves Headquarters to the U.S. for Better Growth Micropsi Industries, a leading provider of AI software for industrial robots, has made a significant decision to move its headquarters to the United States. This shift, previously rooted in Germany, aims to strengthen the company’s connections with customers in North America. By establishing a new base...

Continue Reading
Dollar Tree's Strategic Buyback: A Path to Growth and Value

Updated Category News Views 137

Dollar Tree's Strategic Buyback Program Explained Management teams often initiate buyback programs to achieve two primary objectives. The first reason is to capitalize on undervalued stock, allowing companies to enhance their capital in a controlled manner. The second reason focuses on providing existing shareholders with a more efficient return mechanism compared to...

Continue Reading
Marsico Financial Group Strengthens Resources with Care Accounting Acquisition

Updated Category News Views 109

Marsico Financial Group Expands Services through Acquisition Marsico Financial Group, known for its dedication to providing top-notch accounting and financial advisory services, has made a significant move that promises to enhance its offerings for clients. The firm recently announced its acquisition of Care Accounting, a well-regarded financial services provider located...

Continue Reading
Target Enhances Wellness Offerings for a Healthier Lifestyle

Updated Category News Views 220

Target Expands Wellness Product Line for a Healthier You Target Corporation (NYSE: TGT) is taking significant steps to enhance its wellness offerings, aiming to solidify its position as the go-to destination for health-conscious consumers. With an impressive 30% growth in its wellness assortment, the retailer is set to introduce thousands of new, trendy products tailored...

Continue Reading