|
|
| GROUNDBREAKING INFORMATION TECHNOLOGY MARKET COMPENSATION STUDY RELEASED |
| Study reveals pay data and replacement costs for IT employees |
| Stamford, CT, August 19, 1999 -- people3, an affiliate of Gartner Group, Inc. (NYSE: IT), announced today the release of its Information Technology (IT) Market Compensation Study. For the first time ever, a compensation study is available that not only provides data detailing what companies are currently paying their employees, but also includes what it costs to replace these employees. The announcement was made by Linda Pittenger, people3's CEO & President. |
| The people3/GartnerGroup's IT Market Compensation Study data includes: |
|
| Study Methodology |
| The research in people3/GartnerGroup's IT Market Compensation Study was developed from data compiled from both corporations and recruitment firms, representing an impressive mix of industries, geographic markets and company size. |
| To develop an accurate sense of market base pay, research covered a wide range of salaries - from recent hires to established incumbents. In addition, the Study data includes job categories for the most highly sought after jobs, as well as those that are just emerging. |
| A unique feature of the Study is the inclusion of difficult-to-collect data from recruitment firms. Since the data has been derived from multiple sources, it is more inclusive than data provided by other compensation studies. |
| Participating companies spanned a wide range of industries - insurance, finance, retail, manufacturing, telecommunications, etc. Participant companies included organizations such as: AlliedSignal, Aetna, American Century Investments, Bell South, Chubb, CIGNA, Dell, Hormel, Nabisco, PetSmart and the Pillsbury Company. |
| Participating recruitment firms included such names as Adam-Bryce, Inc., Asset Resource, Inc., Baker, Nelms, & Montgomery, Gilbert-Scott Associates, Kennison & Associates, LMB Associates, Morgan Hunter Consulting Services, RHAssociates and TASA Worldwide (Johnson, Smith and Knisely). |
| people3/GartnerGroup partnered with members of the Information Systems Research Center (ISRC) at the University of Houston - College of Business Administration - for quality assurance, statistical analysis and validation in the development of the IT Market Compensation Study and in the interpretation of the results. |
| "Finally, there is an IT Market Compensation Study that meets the needs of the CIO and the HR professional," explained Pittenger. "With the credibility of people3/GartnerGroup and the University of Houston ISRC's statistical validation behind it, the Study allows the HR and IT communities to have a credible common ground regarding IT pay." |
| The price of the IT Market Compensation Study is $5,800. |
| To purchase or participate in people3's IT Market Compensation Study or to learn more about people3, please call 1-888-people3 (1-888-736-7533), ext. 120 or send an email to: p3compstudy@gartner.com. All media inquiries please call Heather Bolton at (904) 398-5222. |
| people3, an affiliate of GartnerGroup, specializes in Human Resource consulting specifically for Information Technology organizations. As the premier consulting firm and leading resource on the effectiveness of IT human capital, people3 is dedicated to providing "people solutions" for the IT industry. people3 offers consulting services that address all areas related to the human capital effectiveness in IT organizations. people3 was founded in October 1998 and is headquartered in Somerset, New Jersey. |
| As the world's leading authority on IT, GartnerGroup provides clients with a wide range of products and services in the areas of IT advisory services, measurement, research, decision support, analysis, and consulting. Founded in 1979, with headquarters in Stamford, Conn., GartnerGroup is at the center of a global community serving Fortune 1000 clients from 80 locations worldwide. |
| CONTACT: |
|
Heather Bolton Dalton Agency 904.398.5222 heather@daltonagency.com |
