Did You Get a 10.1% Pay Increase Last Year?

We came across this Washington Post article and thought we’d pass it along… Apparently according to data pulled from some consulting company that does this kind of stuff, the pay for “cybersecurity” analysts jumped 10.1% this past year compared to an average 2.1% growth across all jobs in the same region. As expected it’s the typical supply vs. demand that’s at work here. The article notes that companies are in particular taking retaining existing employees very seriously however I haven’t personally observed this from those I know around NoVA. It’s just too easy to find jobs elsewhere since there’s an entire recruiting industry that supports these in-demand professionals. If companies want to keep their infosec employees, they need something – perhaps internal headhunters – that makes it easier to move around within the behemoth DoD beltway bandits. Unfortunately, for many that stay with the same company, I don’t think you were one of those that saw a 10.1% raise last year.

via WashingtonPost.com

The demand for cybersecurity professionals far outstrips the supply of these highly skilled workers in the Washington area, a dynamic which experts and recruiters say is driving up compensation for qualified individuals and fueling fierce competition among employers to land top talent.

Pay for cybersecurity analysts in the region jumped 10.1 percent this year, according to data compiled by consulting firm Akron on behalf of the Human Resource Association of the National Capital Area. That exceeds the growth in compensation across all jobs in the region, which was 2.1 percent this year.

The scarcity of cybersecurity workers means that the job candidates “hold all the cards,” said Kathy Lavinder, executive director of SI Placement, a Bethesda-based recruiting firm that specializes in placement for information security jobs.

Because of that, “The compensation piece is the one piece where employers know they have to put something very attractive on the table,” Lavinder said.

Continued here.

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So … did you get a 10.1% pay increase last year? And if so was that staying with your current company or the result of a job-hop? Let us know in the comments below. Today’s post pic is from Vator.tv.

7 comments for “Did You Get a 10.1% Pay Increase Last Year?

  1. October 2, 2012 at 12:59 pm

    /me is a sad panda :/ RT @grecs: BLOGGED: Did You Get a 10.1% Pay Increase Last Year? http://t.co/QdMuOYvB

  2. October 2, 2012 at 2:02 pm

    # Did You Get a 10.1% Pay Increase Last Year? http://t.co/1PjDM0JI

  3. October 2, 2012 at 2:02 pm

    # Did You Get a 10.1% Pay Increase Last Year? http://t.co/1PjDM0JI

  4. October 2, 2012 at 2:02 pm

    # Did You Get a 10.1% Pay Increase Last Year? http://t.co/1PjDM0JI

  5. October 2, 2012 at 4:34 pm

    Did You Get a 10.1% Pay Increase Last Year? http://t.co/zmkfvU23 #security #career #in

  6. October 2, 2012 at 8:58 pm

    BLOGGED: Did You Get a 10.1% Pay Increase Last Year? http://t.co/VaOeym0M //Nope.

  7. October 2, 2012 at 9:57 pm

    #NoVABloggers Did You Get a 10.1% Pay Increase Last Year? http://t.co/FRDwSF3a

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