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 1997 IS/Network Manager Salary Survey Age, Gender and Education Count You're in the right demographic for earning power if you're a 41-year-old male with a bachelor's degree. Figure 9 shows the average salary for each age group, and those 35 and older earn greater than the mean. Peak earning years, according to this survey, is 50 to 59. It's a male-dominated business: Ninety percent of the respondents are male, 10 percent are female. The average salary for males is $58,650 and for females it's $49,190. A woman earns 16 percent less than a man. I suppose we should be pleased that the gap is closing, but it never seems to close quickly enough. While more than a few IS professionals learned their trade in the trenches, employers are increasingly looking to hire staff with college degrees, and in fact, the higher the education, the higher your income. The most commonly held degree is a bachelor of science, with 34 percent of those surveyed. Twenty-five percent have an associate's, 18 percent hold a master of science, 14 percent h old a bachelor of arts, 7 percent earned a master of arts and 2 percent hold doctorates.  Only those holding an associate's degree fell below the mean salary. On average, a bachelor's degree affords you $55,250 to $57,930 depending on whether the sheepskin is in the arts or sciences, respectively. A master's earns you $60,000 to $68,880 on average, again depending on whether it's arts or science. A Ph.D. puts you in the $83,000 range. Education isn't the only factor in salary, as skills and job function have proven to be more important. |
