New labor market data shows promise

The WSA, the state’s oldest and largest technology trade association, announced the availability of their 2002-2003 Technology Industry Salary Survey.

Compiled by Milliman USA, a leader in Northwest compensation research, the WSA Salary Survey features the current “going rate” for over 100 industry-specific positions reporting base salary, total cash and eligibility for bonus, recruiting bonus and stock options.

“Being the most comprehensive technology industry survey our 2002-2003 edition shows a more upbeat picture among local technology industry employers,” stated Kathy Wilcox, WSA president and CEO.

Highlights from the survey indicate the following trends:
– The salary increase picture is a bit brighter for employees: the average increase reported for 2002 is 3.1 percent, with a 3.5 percent average increase projected for 2003.
– Average base salary paid to an Intermediate Software Engineer Developer is $66,622, a 3.7 percent increase over last year’s data.
– Stock options are still prevalent in the technology industry, but to attract and retain employees today, cash is more attractive than stock.
– Cost-effective use of salary dollars continues to be a critical factor in keeping companies alive and prosperous.

The survey also includes a searchable CD to run customized data sorts and reports.

The cost to purchase the current survey is $795 for WSA members and $1,095 for non-members.

To place your order, go to or call Larry Daniels at 206/504-5543.