Information technology, computer and information systems managers coordinate the efforts of IT staff to efficiently manage the computer resources of an organization. They typically work full-time. However, about a quarter earned their salaries by working more than 50 hours a week in 2010, according to the U.S. Bureau of Labor Statistics.
IT managers averaged $120,640 annually, or $58 per hour, as of May 2011, according to the U.S. Bureau of Labor Statistics. However, wages could fall to less than $69,900 annually, or $33.61 per hour, or rise above $166,400 annually, or $80 per hour. To earn these salaries, managers perform tasks related to the size of their firm. In larger organizations, they can specialize, such as in overseeing security for the data network. In smaller concerns, manager tasks are more extensive and include analyzing computer needs and recommending upgrades, planning and implementing computer installations, and assigning jobs and schedules to computer staff.
In 2011, IT managers found the most jobs in computer systems design services, where 58,190 out of 300,830 total managers worked to receive an average $134,660 per year, or $64.74 per hour. Their highest salaries were in the motion picture and video industries at a mean $162,520 annually, or $78.14 hourly. Employers require a minimum bachelor’s degree in computer or information science for their IT managers. This typically takes four years to complete and covers such subjects as software development, math and programming. Some managers also obtain a master’s degree in business administration, which takes an additional two years. An important qualification for the job is several years of experience in positions with increasing management responsibility.
The state with the highest paying jobs for IT managers as of 2011 was New Jersey, which showed average compensation of $139,880 per year, or $67.25 per hour. New York was next with means of $138,020 annually, or $66.36 hourly, followed by California, averaging $136,720 annually, or $65.73 hourly. The metropolitan area with the best wages was San Jose, California, which forms the heart of high-tech Silicon Valley. Firms here paid an average of $166,590 annually, or $80.09 hourly. Next was New York City, the business and financial capital of the country, with means of $149,430 annually, or $71.84 hourly.
Job for IT managers are expected to grow by 18 percent from 2010 to 2020, according to the bureau, which is faster than the 14 percent predicted for all jobs in all industries, and more than double the 7 percent forecast for management occupations. As organizations continue upgrade their systems to take advantage of new technology, computer managers will be needed to coordinate the efforts. Many of the jobs will come from the health-care industry because it is far behind in the use of technology. Prospects are favorable because many companies are finding it difficult to fill positions.