2012 IT Budgets up by 20%, Survey Finds

According to two just-released surveys by Boca Raton-based information technology search and staffing firm, PROTECH, IT budgets and salaries continue to increase while employers show increased concern about losing their IT employees.

Average 2012 IT budgets increased to 10.2 percent from 8.5 percent in 2011. The 10th annual Tech Leadership survey also revealed 42 percent of tech leaders plan to increase IT staff this year (up by 13 percent compared to 2011). And 57 percent of tech executives are concerned about losing top IT talent in 2012 (up by 14 percent). The top reason continues to be compensation with a 58 percent response (up by 35 percent from 2011).

PROTECH surveyed more than 700 IT Director to CIO level executives for its Tech Leadership Survey and more 15,000 IT professionals for its Tech Talent survey. All participants are located in Florida’s Broward, Miami-Dade and Palm Beach counties.

To view more survey results, click here to view a press release.