Fortune Services My Preferences Video Home Fortune 500 Fortune Tech Street Sweep Investing Management Rankings

10 jobs that will get a raise in 2010

By Anne Fisher, contributor


NEW YORK (Fortune) -- Farewell and good riddance to 2009, a year in which a whopping 85% of big companies did away with across-the-board annual merit raises, according to a survey by Deloitte & Touche. Surprisingly, executives fared somewhat worse than the rank and file, with 66% of senior managers seeing either no increase in their pay or a salary reduction, versus 54% of employees in the same boat.

The year ahead looks slightly brighter. For one thing, more than half (54%) of companies that froze salaries in 2009 are planning a thaw over the next few months, according to a poll by compensation consultants Watson Wyatt. Meanwhile, 35% of employers that had reduced or cut 401(k) matching contributions expect to restore them in 2010 -- with 70% of them reinstating the matches at their original levels.

Where the jobs are
Especially in a tough economy, plentiful job opportunities are key to making a great place to live. These 25 counties have experienced the most job growth over the last eight years.

One reason for the changes: Almost 40% of the companies surveyed think their financial situation is beginning to improve, or at least isn't getting any worse, Watson Wyatt's researchers found, up from 27% back in August.

Even so, salary increases at most companies are unlikely to exceed 3%, notes a study by consultants Towers Perrin. That's certainly better than nothing, but it's still a step down from the nearly 4% median increase seen in the pre-recession days of 2007.

Some employers seem to be contemplating giving out stock instead of money. Despite the markets' roller coaster ride, a November poll of 200 companies by Charles Schwab found that 25% plan to boost stock plan benefits in the coming year.

So who is in the best position now to get a raise? The short answer: People whose skills are in demand because they serve a particular strategic purpose.

"Companies now want to invest in staff members with specific expertise who can help them capitalize on opportunities that are just emerging from all the economic turmoil," says Max Messmer, CEO of staffing giant Robert Half International.

In a recent look at the IT and finance industries, Robert Half researchers identified 10 fields where pay overall is steady or rising, and starting salaries in 2010 will be more generous than average. They are:

1. Tax accountant. For tax accountants with two to three years of big-company experience, and a track record of achieving sizable tax savings, starting salaries average $46,500 to $61,500.

2. Compliance director. New regulations and accounting rules are creating demand for compliance experts, who, even at small companies, can command starting pay of $83,750 to $108,500.

3. Credit manager/supervisor. Credit specialists, who can evaluate credit risk, manage delinquent accounts, and help improve cash flow, earn starting pay averaging between $42,500 and $57,500.

4. Senior financial analyst. Finance mavens skilled at finding ways to boost profitability start at $57,750 to $74,000.

In information technology, where pay has been even flatter than elsewhere lately, starting salaries in three areas are nevertheless on the rise:

1. Network administrator. Cloud computing, voice over Internet protocol (VoIP) and software as a service (SaaS) have made this role more complex and demanding lately. Starting pay: $54,500 to $80,250.

2. Information systems security manager. Protecting company data is more challenging all the time. Starting salaries range from $96,500 to $130,750.

3. Systems engineer. People who can help employers build and maintain tech support for a variety of new projects start at $64,250 to $93,250.

Administrative employees who can "multitask within teams that have been stretched thin" are in big demand, Robert Half's report says. Three jobs where pay will be rising in 2010:

1. Medical records clerk. Largely because of the complexities of transferring huge volumes of medical records online, skilled clerks' pay will start at $31,500.

2. Customer service representative. A 2009 study by Robert Half and CareerBuilder found that hiring managers consider customer service "most critical" to their companies' survival in this economy. Starting pay: $22,750 to $30,750.

3. Executive assistant. The ability to "wear many hats, support multiple managers, and adapt readily to change," the Robert Half salary survey says, will put 2010 starting pay at $35,000 to $47,000.

Happy New Year, everybody!

Talkback: Did you get a raise in 2009? Do you expect one in 2010? Tell us on Facebook, below. To top of page

Americans in the dark about energy use
Study says people overestimate how much the small things use, and underestimate the big stuff. More
Apple's iPod event in 100 seconds
Apple CEO Steve Jobs unveils three new iPods, a new music-based social network and an updated Apple TV. Play
Sony revamps e-readers - hikes prices
The Sony Reader line got an update Wednesday, with all three now featuring touch screens - and higher price tags. More
Company Price Change % Change
Citigroup Inc 3.88 0.03 0.84%
Bank of America Corp... 13.28 0.07 0.55%
Cisco Systems Inc 20.52 0.26 1.28%
General Electric Co 15.15 0.14 0.93%
Intel Corp 18.28 0.14 0.77%
Data as of Sep 2
Index Last Change % Change
Dow 10,320.10 50.63 0.49%
Nasdaq 2,200.01 23.17 1.06%
S&P 500 1,090.10 9.81 0.91%
Treasurys 2.63 0.05 1.78%
Data as of 12:54am ET
Sponsors

Sections

The iPod Classic isn't getting annual updates anymore like its cousins, but the immense size of its hard drive keeps it alive. More

An exclusive book excerpt says long before Lehman's downfall, Dick Fuld tried to remake his and his firm's image into one he thought the Street would embrace. More

The iPod Classic isn't getting annual updates anymore like its cousins, but the immense size of its hard drive keeps it alive. More

Only 29% of auto dealers that were axed as General Motors and Chrysler filed for bankruptcy will get their business back, according to preliminary tallies. More

These strategies can help you manage the challenges -- both emotional and financial -- of helping an aging parent from afar. More

Please create a screen name to access this feature.

Screen name (Select one with 3-12 characters; Numbers and letters only)


Forgot password

Enter your e-mail address below and we will send you an e-mail with a link and code to reset your password.

E-mail

Already have the reset code?

Password selection

E-mail

Reset code

New password

Log in & let's get started!

E-mail

Password

Forgot password?


Not a member yet?

Sign up now for a free account

Sign up or log in

Screen name

Select one with 3-12 characters;
Numbers and letters only

E-mail

Make sure you typed it correctly.
You will receive an e-mail to validate your account

Password

Make it 6-10 characters, no spaces

We're Sorry!

This service is temporarily unavailable. Please try again soon.


 

 


Thanks!

Please check your e-mail and click the link to confirm your membership. Then, you'll be ready to participate in all activities and conversations on our site.

Go to your Profile page


Newsletters
Home | Contact Us | Advertise with Us | Corrections | Career Opportunities | Site Map
RSS | Email Delivery | Portfolio | Podcasts | Mobile | Widgets | User Preferences | Special Sections
| Magazine Customer Service | Download Fortune Lists | Reprints | Conferences | Business Leader Council
© 2010 Cable News Network. A Time Warner Company ALL RIGHTS RESERVED.
Terms under which this service is provided to you. Privacy Policy. Advertising Practices.
Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer
LIBOR Warning: Neither BBA Enterprises Limited, nor the BBA LIBOR Contributor Banks, nor Reuters, can be held liable for any irregularity or inaccuracy of BBA LIBOR. Disclaimer.
Morningstar: © 2010 Morningstar, Inc. All Rights Reserved. Disclaimer
The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones IndexesSM © 2010 is proprietary to Dow Jones & Company, Inc
Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved.
FactSet Research Systems Inc. 2010. All rights reserved.