DALLAS, Texas -- IT systems development executives are no longer merely program writers filling programming requests. A new survey by The Broadmoor Group, a Dallas based executive search consultancy, indicates that IT systems development executives are growing into a more strategic role, which is reflected in their compensation. According to the survey, average compensation for IT systems development vice presidents at top firms is $237,024, including base and bonus. High end compensation packages for such executives exceed $320,000.

"IT systems development executives now are expected to drive initiatives related to marketing systems, sales force automation, customer relationship management, e-business, and business intelligence," notes Jim Leverette, partner with The Broadmoor Group. "The true "A" players who can link business initiatives to the technology side of an organization are in short supply."

The average base pay of IT systems development vice presidents tracked by the survey was $165,677. The average bonus offered was $71,347, though bonuses ranged from $33,000 to $150,000. Average base pay of IT systems development directors was $139,00,762, with an average bonus of $43,726. Bonuses for IT systems development directors ranged from as little as $7,000 to as much as $90,000. Leverette observes that some IT development executives report getting smaller bonuses this year, though their base pay has not been affected by the economic downturn.

Leverette also notes that technical knowledge is no longer sufficient for executives filling top IT systems development roles.

"The ability to communicate, to conceptualize, and to understand business are essential," he says. "Today, the lead systems development executive is the chief liaison with the CIO, the executive management team, and all business units regarding systems development planning. Gone are the days of the one-dimensional IT professional. Those who only have a technical bent need not apply."

For a free copy of the survey, contact Randall James Monroe, Inc. at 972-392-3200.

Click here to return to Pressroom for Randall James Monroe, Inc.