Turnover and salaries rise

A survey by RHI Consulting has found that employee turnover at US companies rose two per cent last year from the levels of 1999. At the same time, salaries for IT professionals rose by 6.6 per cent, with the greatest increase in networking and Internet related areas.

RHI predicted that average IT salaries would rise even more in 2001, by an average of 8.4 per cent. However, the report's authors noted, some categories of workers "such as chief technical officers, e-commerce specialists and business systems analysts" will see salary increases of 10 per cent to 11 per cent. RHI attributed the increase to strong projected IT hiring activity this year.