The economy may be grinding to a halt, but you won’t find many CIOs worrying about it.

Recently published surveys found that CIO raises don’t appear to be down, despite the troubled economic times.

The news isn’t all good, however. Research shows raises aren’t going up either. And the poor economy has many midmarket CIOs holding back from asking for more than the usual 3% to 5% raise.

A recent SearchCIO-Midmarket.com survey found that 54% of midmarket CIOs are less likely to ask for a raise in bad economic times, and 16% said they were more likely to ask for a raise because of the poor economy.

But 52% of midmarket CIOs received a raise between 3% and 5%, numbers that at least match inflation, and 60% of midmarket CIOs said they expect a similar raise next year. (If things keep going the way they are now, good luck to them!)

There was other, less optimistic news from the survey. It seems 14% of survey respondents said their companies have put a salary freeze in place because of the country’s lousy economy. And 12% of respondents did not get a raise at all this year. Another 12% aren’t looking for one next year either.

Tags: CIO, compensation, raises, research, survey