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Economy down, salaries up
by Ellen O'Brien
Issue: Nov 2008
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Budgets and bosses
Jeffrey McMorran has worked for 14 years at NMG, a Newmarket, ON-based management company with annual revenue of approximately $75 million. "The salary is very, very good," says McMorran, who earns $136,000 as the IS director. And NMG lacks the bureaucracy McMorran knows he would likely have to deal with at a larger company.

NMG has about 53 employees, says McMorran, who's part of a small group managing approximately 1.3TB. "We have appreciation days--golf days; it's a great place to work," he says. McM...



orran acts as a CIO, reporting to the VP of finance and administration; it's a role he enjoys, although it means he's also a team leader, something he'd rather not be. "Computers are easy, people are difficult," he notes.

McMorran's salary is notable for a smaller company. Our survey shows salaries rising in step with company revenue, starting at $73,208 in companies with less than $50 million in revenue and stretching to $97,555 in companies with $5.1 billion to $10 billion in revenue (see "Average 2008 salary as it relates to company revenue" below).

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