IT Pay Around the World

Pay for IT (information technology) employees is highest in Switzerland and lowest in Vietnam, according to a newly released Mercer survey 2007 IT Pay Around the Globe which compares the total annual cash and total remuneration for IT staff in 35 different countries.

According to the survey, 6 of the world's 10 highest-paying countries for IT Managers are in Western Europe.  Switzerland is tops, followed by Denmark, Belgium and the UK.  The U.S. and Canada are ranked 6 and 8, respectively.  The lowest paid IT employees tend to be those in Asian markets.

Average gross annual total cash compensation for IT Managers in the ten highest paying countries, according to survey results, is highlighted below:

1. Switzerland
   • Local 176,920
   • USD $140,960
2. Denmark
   • Local 722,310
   • USD $123,080
3. Belgium
   • Local 95,380
   • USD $121,170
4. United Kingdom
   • Local 62,180
   • USD $118,190
5. Ireland
   • Local 85,200
   • USD $108,230
6. United States
   • Local $107,500
   • USD $107,500
7. Germany
   • Local 84,020
   • USD $106,730
8. Canada
   • Local 106,000
   • USD $93,860
9. Hong Kong (China)
   • Local 702,720
   • USD $90,340
10. Australia
    • Local 115,480
    • USD $88,850

Average gross annual total cash compensation for IT Managers in the ten lowest paying countries, according to survey results, is as follows:

• Vietnam
  • Local 15,470
  • USD $15,470
• Bulgaria
  • Local 34,250
  • USD $22,240
• Philippines
  • Local 1,106,700
  • USD $22,280
• India
  • Local 1,120,490
  • USD $25,000
• Indonesia
  • Local 289,155,000
  • USD $31,720
• China (Shanghai)
  • Local 265,810
  • USD $33,770
• Malaysia
  • Local 129,930
  • USD $35,260
• Czech Republic
  • Local 791,430
  • USD $35,880
• China (Beijing)
  • Local 285,130
  • USD $36,220
• Argentina
  • Local 133,040
  • USD $43,180