The boom in IT is not a big secret. The very fact that the salaries of the workers in IT remained pretty much nonchalant in the face of the economic recession, and that some of them even got a hike, is the living proof that there is a lot of excess money lying around . Reportedly, in 2012, IT jobs had a median total compensation of $90k for staffers and a whopping $116K for managers.
The most obvious reason for this would be that IT has way more job opportunities than there are skilled people to fill them. This is evident in the fact that job posting for mobile application developer went up by 129% for android device and 190% for iphone device on dice.com in 2012. Evidently enough, mobile application development is the running hot job in the market which is a direct result of the growth and spread of cloud computing in IT
Besides the mobile application developer whose annual salary in the US is approximately $94k, some other super lucrative jobs in IT at this point of time are, soft engineer or developer, video game designer, computer system analyst and network administrator.
But salaries do vary a lot between one nation and the other. For instance, the average annual salary of an iPhone developer in the U.S.A. is $94k, in U.K. it is $105k and in Australia it is $98k. Whereas in India and Malaysia it is $18k, in Pakistan it is $13k and in Philippines it is $12k.
