Majority of IT Workers Seriously Considered Leaving Florida in the Past Year
FT. LAUDERDALE - Fifty-two percent of Ft. Lauderdale area information technology workers say they seriously considered leaving the state of Florida in the past year in a survey released by IT staffing specialist PROTECH. The survey of more than 7,000 technology professionals in Broward, Miami-Dade and Palm Beach had a 10.1 percent response rate and was conducted in March.
Highlights of the survey included:
Reasons considered for leaving Florida:
-- Cost of living was most often cited as the reason for considering
leaving the state (40%):
If you answered “yes” to considering an out-of-state move, what were the
Cost of living 40%
Lack of opportunity 32%
Higher salary 14%
Hurricanes / Climate 6%
Leaving current employer:
-- 87% of respondents said they would leave their current employer for a
better opportunity -- an increase of 3% from 2006.
-- IT workers reported an average salary increase of 11% over the
previous year -- (up from 9.6% in 2006)
“Technology professionals are feeling the squeeze of higher living costs combined with disproportionate increases in their incomes,” said PROTECH CEO Deborah Vazquez. According to Vazquez, the firm has received an increased number requests for local compensation studies from employers worried about losing valuable IT workers.
Vazquez, who is also President of the South Florida Technology Alliance, noted that the area is home to about 160,000 technology professionals. According to recent studies, Florida’s high-tech workers earn about 71% more than the state’s average private sector wage and represent approximately $15.6 Billion in payroll.*
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