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One of the highest paying
industries is the IT. As long as you remain skilled with the latest technology
in town, your employability will be extremely high. According to the report of
Upp; a research, managed service and staffing company, the unemployment rate of
IT career is barely 5% in the US compared
to other field where it is somewhat outrageous; though some sectors may enjoy
exception of this plague. Having studied the data of PayScale database, a compensation
benckmarking provider, we are able to make a listing of the top five IT paying
roles in every level whether as an entry level IT practitioner,
semi-professional or expert.
You should know that the total
cash compensation is a median pay system based on 50th percentile. This
translates to half of workers being more paid and half being short paid. The
data used by TCC was evaluated from workers annual salary, wages, bonuses,
profit sharing, stipends on commission and other form of accrued cash system
without considering stock, retirement or health welfares.
Top 5 Highest Paid Entry-Level
RolesFor those with 0-5years in
active IT career (i.e. newbies in
the IT world), we have carefully compiled a list of highly lucrative IT roles
for your consideration; not only that they are always on the sough-after list,
but because the compensation is as well mouth-watering.
1. Business Intelligence
Architect ($81,200 median pay)
As a business intelligent
architect, your primary role in any organization will be in areas of data integrity
and processing; storage, creation, development or improvement of logical and
physical data simulations, databases as well as information management functionalities.
This together will therefore be channelled for installing, configuring and
general usage of business intelligence software for purpose of organisational control.
Prerequisite for this IT career role
is a bachelor’s degree and some years of cognate experiences.
2. ASIC Design Engineer ($83,300
median pay)
Once design objective and
situation are known, the ASIC developer creates a software-specific integrated
circuit modification; employing ASIC engineering expertise and methodologies,
software testing and vulnerability fixes, maintenance of document and personnel
where applicable. Prerequisite for this IT
career role is a bachelor’s degree and some years of cognate experiences.
3. Solution Architect ($91,500
median pay)
This career path plays a role
in the software creation and development life cycle. They play critical role in
the conversion of application, solution and product needs obtained from
customers’ feedback into an architecture which will serve as a model for the
solution being designed. This design is based on previous but similar works and
patterns of the solution architect through updated techniques and sometime personal
experience.
4. Software Architect ($94,100
median pay)
When software is needed, this
career path become a sought-after in the initial design and development or
detail software revisions. They create and ensure the software has high-tech
specification, feasibility and functionality as well as good integration with existing
system for internal control or customers’ use. Although they are termed to as
entry level but practitioners of this IT
career role are expected to have a bachelor’s degree or some advance
speciality with high sense of team leadership.
5. Data scientist, IT ($97,600
median pay)
Those in this IT career role leverage their
experiences to retrieve actionable information from firm’s data store based on
their analytical and machine knowledge. Although this is a relatively new
career path yet practitioners are expected to have a bachelor’s degree plus a
sound knowledge of data management as well as predictive analysis skill.
5 Highest Paid Mid-Level RolesAs you march-up the ladder to
a middle level career path, we hope that you have one of the below in your
portfolio. The years of experience for a middle level are 5-10years of cognate
experience of the jobs.
1. Principal Software Engineer
($133,000 median pay)
They are responsible for
technical software projects in an organization i.e. efficiently maximizing
application performance yet minimizing cost. They as well function as project team
leader for software developers; monitoring strategies to ensure they are of
global standard and that production line is perfectly working while focusing on
best practices. Prerequisite for this IT
career role are bachelor’s degree and a professional credential as a
Certified Software Development Professional (CSDP) plus years of cognate
experiences handling such position.
2. Data Scientist, IT ($134,000
median pay)
Practitioners in this line
also qualify for this middle level group and still maintain their role as to
what was discussed earlier; only that to function in this level, they are
expected to possess software engineering exposure, strategic thinking as well
as communication prowess to make action-based business case extracted from data
mining. For this new IT career role,
prerequisites for hiring are bachelor’s degree, predictive analytics, software
engineering/development, data mining, structure and modelling experiences are
prerequisites.
3. Scrum Coach ($151,000 median
pay)
They inculcate into IT
organization the trending practises and latest Scrum adoptions in an agile IT
environment based on extensive skillset. They leverage on their experience to
develop a choice for agile frames. Although there exist certification for this
career path, prerequisites for hiring of this IT career role are a bachelor’s degree and cognate experience of
architecture, development, and engineering of software.
4. Principal Software Architect
($151,000 median pay)
They
are saddled with the task of software product identification and evaluation; to
ensure they meet requirement and void of vulnerability for production line as
preferred by business stakeholders. Their creativity drives innovation to give
birth to new methodologies which hence position the entire IT unit and
application development goal. Prerequisite
for hiring this IT career role are bachelor’s
degree, proven experience in analysis, research communication and negotiating
prowess.
5. Chief Architect, IT ($155,000
median pay)
The choice of role for this
career varies from one firm to another as it is characterised with complexity.
Good knowledge of business routine; structure and functionality as well as
sound intuition are top-criteria for the IT unit to rely upon. This skillset is
believed to ensure the business functions synchronize. Prerequisite for hiring of
this IT career role are bachelor’s
degree and cognate technical and software experiences.
5 Highest Paid Senior and
Executive RolesWow, this is a dream
destination for all IT practitioners. This phase exclusively involves managerial,
administrative and executive task with less technicalities unlike others. If
you could get yourself here in your years of active IT career then you could be mistaken for an oil-baron. Most
practitioners in this cadre seem to never remember the workloads that accompany
this role but their bank account balance. This phase refer to a 10-20years on
the job experience where applicable.
1. Project Management Director,
IT ($142, 000 median pay)
Supervisors and coordinators
of all IT projects (i.e. all management activities you can ever think of). They
even oversee sub-project team leaders and their team members in the interest of
the stakeholders. Prerequisite for hiring this IT career role are bachelor’s degree, certification from Project
management Institute or PRINCE2 and some years of active cognate experiences in
interpersonal relationship, communication, managerial and negotiation skillset.
2. Business Intelligence Director
($143,000 median pay)
They are saddled with the task
of providing organizations with analytical, technical and managerial business intelligence
with regards to data management; deploying all available tools in that line to
ensure functionality of various unit of the business and overcome constraints of
time, budget and personnel staffing-which may impede free flow of production
line of the business. Prerequisite for hiring this IT career role are bachelor’s degree and some professional
certifications in the career path plus years of cognate experiences.
3. Senior Computer Scientist
($145,000 median pay)
Though this is more a theoretical
role, they are needed for performance purposes of systems and software; and are
often an integral part of research, programming, mechanical or electrical team
as well as other IT unit of an organization. The intellectual reports gathered
from these theorists are thereafter translated by developers to evolve new technologies
and artificial intelligence that would be useful for the production line of the
organization. Prerequisite for hiring this IT
career role are bachelor’s degree, information and/or software engineering.
Those with Ph.D qualification in these fields do enjoy preference.
4. Vic President, IT ($157,000)
They are last ladder to the
CIO portfolio and are saddled to strategically position the organization’s IT
section for the future; ensuring continuous validity of networks and systems
while deploying new ones. They also regulate IT team to ensure uptime
dedication of systems and networks leveraging their soft, technical, and
interpersonal skillset. They are noticeable for their leadership,
communication, analytical and negotiation prowess to drive the organization to
achieved vision. Prerequisite for hiring this IT career role are master’s degree in IT related fields or MBA (as
the organization deem fit) with years of cognate experience.
5. Vice President E-commerce
($164,000 median pay)
They
are responsible for all electronic commerce undertakings: IT, sales,
distributions, architecture, and strategies towards a successful e-business
campaign for an organization. They are expected to be versatile in e-commerce
terminologies and campaign execution coupled with great interpersonal
relationship in respect to communication and all other project management
skills needed for project to be accomplished. Prerequisite for hiring this this IT career role is bachelor’s degree and a minimum of upto
15yrs cognate experience.