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What the raw statistics - and indeed the full report - don't reveal however is that the sharp drop off in pay rises awarded in 2009 by electronics and IT companies came after a year of above average pay rises which brought the sector back into line with the sorts of rises awarded by other large companies in a range of industry sectors.
Before the industry starts crying foul though it's worth noting that prior to 2009 the electronics and IT sector had been scrooging employees for a couple of years.
Matt Drinan, the manager of AIM research and HR consulting, said that in 2007 and 2008 'IT was dragging behind the rest of the market.' Where large companies had been awarding average pay rises of 4.6 per cent in 2007, electronics and IT companies awarded just 3.2 per cent on average.
In 2008 the figures were marginally better at 4.2 per cent for electronics and IT companies, and 4.7 per cent as the industry average.
'In 2009 there was a bit of catch up happening, and now it's back to a normal market,' said Drinan. The average salary increase awarded by large electronics and IT companies in 2009 was 3.66 per cent, which was very close to the large company average pay rise of 3.7 per cent.
Actual IT workers (as opposed to people working for IT companies) won an average pay rise of 3.6 per cent last year from their large company employers, whatever sector that company operated in. Large companies surveyed by AIM don't expect bigger rises this year, forecasting IT employees should expect another 3.6 per cent increase on average.
