WORKOUT Switzerland an IT goldmine
WHICH country pays IT managers the most? It’s not any of the nations which have professed a comparative advantage in IT services, nor is it in the top five economies of the world.
It’s Switzerland. IT managers there make $US140,960 on average per year while their counterparts in the lowest paying nation, Vietnam, make $US15,470.
A Mercer study of IT staff in 6545 companies in 35 nations shows six of the top 10 highest paying countries are in Western Europe. Australia just manages to make it into the top 10 list. Top 10 1. Switzerland $US140,960 2. Denmark $US123,080 3. Belgium $US121,170 4. UK $US118,190 5. Ireland $US108,230 6. US $US107,500 7. Germany $US106,730 8. Canada $US93,860 9. Hong Kong $US90,340 10. Australia $US88,850 Bottom 10 1. Vietnam $US15,470 2. Bulgaria $US22,240 3. Philippines $US22,280 4. India $US25,000 5. Indonesia $US31,720 6. China (Shanghai) $US33,770 7. Malaysia $US35,260 8. Czech Republic $US35,880 9. China (Beijing) $US36,220 10. Argentina $US43,180
The Mercer surveys shows developing trends in the IT sector. ‘‘ The impact of outsourcing and offshoring on IT roles in North America and Western Europe helps explain the pattern of global pay,’’ says David Van De Voort, of Mercer’s Chicago office. ‘‘ Lowerlevel roles are being moved to regions where talent is cheaper; the jobs that remain in Western Europe and the US may be fewer in number but are more demanding and complex roles such as vendor relationship manager, internal consultant and IT business partner.’’