Information Technology Update: Dealing With Continuous Chaos

Michael R. Wood is a Business Process Improvement & IT Strategist Independent Consultant. He is creator of the business process-improvement methodology called HELIX and founder of The Natural Intelligence Group, a strategy, process improvement and technology consulting company. He is also a CPA, has served as an Adjunct Professor in Pepperdine's Management MBA program, an Associate Professor at California Lutheran University, and on the boards of numerous professional organizations. Mr. Wood is a sought after presenter of HELIX workshops and seminars in both the U.S. and Europe.

  Change Management   Strategy  

While life has stuttered and stalled for many, the world of technology appears to be firing on all cylinders. At least, that is what my scan of surveys, reports and predictions has revealed. Here is some of what I have learned…

Skilled IT Tech Talents are Scarce
A major challenge facing the tech world is that of finding talent. For 2022, expect it to continue to be a seller’s market. Technology firms are offering sizable signing bonuses to new recruits. For example, Apple is offering sign on bonuses as high as $180,000 in its attempt to lure people from its rivals.

In general, salaries in the technology sector are up about 9.5%, and sign-on bonuses are exceeding five times those seen in 2020. As a result of the competition for skilled developers, you can expect companies to ramp up their training investments to help groom their junior talent and close the scarcity gap.

Below are the highlights some of the salary levels being found within the United States:

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