2004 Salary Survey
Bonuses and Benefits
Slightly more than half of the respondents expect to receive bonuses this
year. The average amounts anticipated vary widely by Cisco certification. At
the upper end of the scale are CCIEs, who expect an average bonus of around
$17,000, and CCDPs, who look forward to a $12,000 bonus. The lower end—where
just about everybody else resides—runs from $4,500 to $5,500. Thirty nine percent
of respondents expect no bonus at all.
Since paid vacation tops the list of benefits, we asked respondents how many
weeks they were eligible to receive in the coming year. The average was 2.6
weeks. Yet, Americans are a dedicated lot when it comes to their jobs—respondents
only expect to use 61 percent of that in the next 12 months. Chart 4
summarizes the results.
| Chart 4. Average Total
Bonus by Certification |
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Benefits related to employment have stayed fairly static over the last two
years. A majority of Cisco professionals enjoy some form of healthcare coverage—though
it’s by no means universal. Likewise, a large number have access to education
and training reimbursement and technical conference attendance. Chart 5 summarizes
the results of top benefits. (Note: Previous surveys have included the 401(k)
as part of this benefits list. We left it out of the survey this time, since
it’s a U.S.-specific offering.)
| Chart 5. The benefits of employment. |
| Paid vacation |
74% |
| Healthcare for family (medical) |
64% |
| Healthcare (dental and/or vision) |
58% |
| Healthcare for self (medical) |
58% |
| Education/training reimbursement |
54% |
| Paid training |
46% |
| Bonuses |
38% |
| Practice equipment (computers, switches, etc.) |
34% |
| Paid technical conference attendance |
31% |
| High-speed home Internet connection |
22% |
| Stock option program |
20% |
| Stock purchase program |
18% |
| Expense account |
14% |
| Health club membership |
11% |
| Healthcare for domestic partner (medical) |
9% |
| Car allowance |
7% |
| Sabbatical (one month or longer) |
4% |
| Childcare |
2% |
| Housing allowance |
1% |
If you have questions or comments about "Bonuses and Benefits,"
contact editor@tcpmag.com.
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