Want a Big Salary? Work at a Big Company

Want a Big Salary? Work at a Big Company

Responses to this year’s survey show that employee headcount at a company—at both specific locations and at the company as a whole—has a lot to do with how much or how little an employee is paid. However, the difference ranges depending on an employee’s role.

When it comes to company size, the bigger they are, the higher they pay. According to the ninth annual IT Skills and Salary Survey, employee headcount is a key factor when determining compensation and job function.

The 2016 IT Skills and Salary Survey was conducted online from Sept. 21 to Oct. 23, 2015. Global Knowledge, a learning services and professional development solutions provider, and its partners sent out survey invitations to more than half a million IT and business professionals. The survey yielded more than 14,000 completed responses from around the globe, with the majority coming from the United States and Canada. The 2016 IT Skills and Salary Report focuses on North America, where 8,923 IT professionals and 1,263 business professionals shared their input.

Responses to this year’s survey show that employee headcount at a company—at both specific locations and at the company as a whole—has a lot to do with how much or how little an employee is paid. However, the difference ranges depending on an employee’s role.

For example, larger companies pay their technical staff an average of $23,723 more than firms with fewer than 100 employees. For IT decision makers, the difference is lower, with larger companies paying $7,329, or 12 percent, over the average for the smallest firms. The survey found that the trend is more significant for non-IT respondents, who see an average salary difference of $24,438, or 40 percent, between the largest and smallest firms.

Breaking things down further for IT staff, the average salary by number of employees, according to the survey, is:

1-99 employees: $60,619

100-499 employees: $66,201

500-999 employees: $70,367

1,000-4,999 employees: 75,049

5,000-plus employees: $84,342

Employee headcount also plays a substantial role in the type of person attracted to an organization, according to the 2016 IT Skills and Salary Survey Report.

“Some professionals need the challenge and responsibility that comes with wearing multiple hats in a small company,” the report states, “whereas others prefer the specialization and defined job ladders found in larger organizations.

How big is your company, and is your salary in direct proportion to your organization's size? Let us know in the comments section below.

 

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