The WSA, the states oldest and largest technology trade association, announced the availability of their 2002-2003 Technology Industry Salary Survey.
Compiled by Milliman USA, a leader in Northwest compensation research, the WSA Salary Survey features the current going rate for over 100 industry-specific positions reporting base salary, total cash and eligibility for bonus, recruiting bonus and stock options.
Being the most comprehensive technology industry survey our 2002-2003 edition shows a more upbeat picture among local technology industry employers, stated Kathy Wilcox, WSA president and CEO.
Highlights from the survey indicate the following trends:
– The salary increase picture is a bit brighter for employees: the average increase reported for 2002 is 3.1 percent, with a 3.5 percent average increase projected for 2003.
– Average base salary paid to an Intermediate Software Engineer Developer is $66,622, a 3.7 percent increase over last years data.
– Stock options are still prevalent in the technology industry, but to attract and retain employees today, cash is more attractive than stock.
– Cost-effective use of salary dollars continues to be a critical factor in keeping companies alive and prosperous.
The survey also includes a searchable CD to run customized data sorts and reports.
The cost to purchase the current survey is $795 for WSA members and $1,095 for non-members.
To place your order, go to www.salarysurveys.milliman.com or call Larry Daniels at 206/504-5543.
