18 January 2001
IT purchasing managers' salaries have risen by more than 18 per cent in the past year, according to a regular six-monthly survey by Purcon Consultants.
The increase is considerably higher than for other purchasing professionals, whose rises averaged 7.9 per cent. Bonuses average 13 per cent of salary, with senior IT purchasing managers receiving 17 per cent.
"IT purchasers are unique in marrying technical understanding with commercial purchasing expertise," said Purcon director Jerry Smith. "The move to more complex deals has increased demand for IT purchasers."
The general growth in IT and telecoms over the past few years has also increased salaries, he said. "Employers want to retain their IT purchasers and are offering better packages."
Smith said the commercial market would continue expanding. "E-procurement will mean more work for IT purchasers," he predicted.