Medium Computer Services companies (100-999 employees) spend, on average, £7m on their IT. The next largest mid sized Business Services sector is Research & Development with an outlay of £2.5m.
Within Financial Services, IT staff costs are by far the largest in Banking. They are a factor of 5 greater than those for Finance Houses, a factor of 3 in the case of Insurance whilst they are 50% greater than that for Auxiliary Finance Activities.
In small manufacturing companies (50-99 employees), best paid IT managers work in Chemical Industries. They are 7% ahead of the next highest sector, Textile, Clothing Manufacturers.
Medium size (100-999 employees) Finance Houses have fallen behind the rest of the UK in the number of software staff employed. In 2011 they are expected to start catching up.
IT managers pay in Wholesale Trade tends to increase with size of organisation. The exception is for small firms (50-99 employees) where pay dips below the trend line. A similar progression occurs for all UK organisations. In Wholesale Trade, IT managers in large firms (1000+...
By far the largest IT staff function in Aerospace Manufacturing is software. It involves nearly half of all IT staff. Management is the next largest followed by operations.
IT managers employed in Oil & Other Fuel Industries are the top earners averaging over £75,000 gross annual pay. Their income is 10% higher than their counterparts in Chemical Manufacture which is the second highest paying sector. They in turn are 7% better off than third place...
Motor Trade firms' IT spend per employee is around 60% of that for all industry sectors. In recent years the growth in IT expenditure by Motor Trade companies has been half that for all UK organisations.