Making Back-To-School Pay Off

Scott Baldwin was a Web designer at Amazon.com and considered using the company's training program to move into software engineering. But he decided he needed more. So in 2004 Baldwin decided to go back to school, moving his wife and infant daughter to Salt Lake City, where he attended Neumont University, a for-profit tech school where he did a two-year, project-based program that gave him a B.S. in computer science.

The good news: He's now working at IBM as a WebSphere consultant, earning 30% more than he did at Amazon. The bad news: He has a $60,000 student loan. As a software engineer, Baldwin has put himself in the third-highest-paid job category among business technology staff, according to the InformationWeek Research National IT Salary Survey, with a median total compensation of $98,000. Web developers make a median of $63,000. (See our How To on moving into a higher-paying job track.)

So what kind of training do IT pros think helps their careers the most?

Image Gallery: What IT Pros Earn: Charts From Our Salary Survey

By far, training in specific technologies is cited most often, by 67% of staff and 46% of managers. Next is certification training, cited by 37% of staff and 22% of managers, followed by project management training (26% and 31%) and business skills training (16% and 32%). Only 13% of staffers and 12% of managers see college courses in technology or business as most valuable in developing their careers. Business tech execs complain often about the lack of communication skills, but just 9% of staff and 11% of managers cited those skills as most important to their careers.

If they want training, most tech pros will have to pay for it themselves. About 45% of staff and managers have education and training benefits from their companies, and 30% get tuition reimbursement. Only 20% have certification reimbursement. About 20% of staffers and managers surveyed have paid from their own pockets for training, certification, or both in the past 12 months.

SIX JOBS WITH MEDIAN PAY ABOVE $90K
$118K	Architect
$109K	Systems Architect
$98K	Software Engineer
$94K	Project Leader
$90K	Sales Support Engineer
$90K	Database Administrator

Image Gallery:
What IT Pros Earn:
Charts From Our Salary Survey

Only 12% of IT managers and 4% of staff in our survey have MBAs. More broadly, 18% of managers and 17% of staff have some kind of master's degree.

Companies place different values on education. At Edward Hines Lumber, a privately held company that posted $250 million in revenue last year, many entry-level IT people come into their jobs without college degrees. Many start in an operations role, working with customers, or loading lumber. However, Edward Hines encourages its people to advance their educations as they move up, says IT director John Payton. All three of the managers in his organization have master's degrees in computer science or business. The company will work with individuals on a case-by-case basis to help with tuition, though there is no formal policy. "Education is important," Payton says, "but learning the business and knowing the company is, too."