2009 - 2010 Total Compensation Survey of Mid-Atlantic Technology Companies

Summary of Key Findings

The 2009-2010 survey collected data from 100 firms with total employment of 51,076 and incumbent pay data for 6,905 employees. The survey respondent median revenue was $7.2 million and the median staff size was 41 employees. Nearly three-fourths of responding companies had annual revenue less than $20 million, and 43% of the respondents identified themselves as government contractors.

Average actual salary adjustments were 2.4%, significantly less than the 2008 actual adjustment of 4.2% and the projected 4.5% for 2009 reported in last year's survey. In response to the dramatic changes in market conditions in late 2008, KnowledgeBank conducted a "pulse" survey in January 2009 which showed survey participants decreasing their 2009 salary increases to 2.5%. In 2010, partcipants are projecting an average salary adjustment rate of 3.2%. While 2010 projections indicate a slight increase in salary adjustments, these numbers remain at historic lows for the past decade.

To purchase the summary report, which provides data on base salary, cash incentive and total cash compensation for 35 key positions typically found in technology companies, click here. If you have any questions about the survey,  please contact Steve Rosenthal, KnowledgeBank’s Vice President and Compensation Practice Leader at (703) 448-8070 ext. 15, or via email at srosenthal@knowledgebank.us.com.

About the Survey

The KnowledgeBank Total Compensation Survey for Mid-Atlantic Technology Companies is the most comprehensive assessment of total compensation practices for technology firms in the Mid-Atlantic region, and is dedicated to serving the needs of technology companies ranging from small, emerging-growth to middle-market and large entities throughout the region. Recognizing the dearth of benchmark compensation, benefits and human capital practices data for small, emerging technology companies, KnowledgeBank is dedicated to growing the participation of companies in this segment, and we are concentrating our efforts in survey growth in this dynamic subset of the larger technology sector.

The survey provides summaries and analysis of total rewards data collected from companies throughout the region, and provides salary and incentive bonus data for 35 benchmark jobs, ranging from the Chief Executive Officer to Programmer Analyst, Senior Software Developer, Network Engineer/Technician, and Tech Support/Customer Specialist positions. The summary report provides salary adjustment, annual and equity incentive plan, human resource management practices, and employee benefit plan prevalence data. To participate, firms must have more than two employees and provide pay data matches for at least two of the 35 jobs. Participating companyies' responses are kept strictly confidential and are not shared with any other organization.