Technology news and Jobs arrow Technology people arrow IT salaries rise ahead of the pack
IT salaries rise ahead of the pack E-mail
by Stephen Withers   
Friday, 27 July 2007
IT salaries rose by 4.5 percent during the year to May 2007, slightly ahead of Australian Average Weekly Earnings which were up by 3.4 percent.

Both figures compare favourably with the Consumer Price Index, which increased by 2.4 percent.

The percentage increase in IT salaries has risen for the fourth year running, and they are moving in line with those of most technical professionals with the exception of those in the resources sector (running between 5 and 10 percent for the year).

The highest increases were received by IT professionals in the insurance industry (5.8 percent) and consulting (5.3 percent). The lowest were in retail (4.1 percent) and health (3.3 percent).

Median salaries range from approximately $180,000 for IT professionals in general management, through project leaders ($102,000) to computer support ($63,000).

Several job functions recorded decreased median total packages, including consulting, IT management, project leader, and computer support. Roles showing increases included general management, sales and marketing, project management, research and teaching, database administrator, teaching and training, and programmer/analyst.

These figures come from an annual survey conducted for the Australian Computer Society by the Association of Professional Engineers, Scientists and Managers, Australia.

ACS president Philip Argy said "The positive salary results for ICT professionals are reflective of the industry’s solid growth performance over the past year."

"The increasing demand for IT professionals is a result of the declining supply of graduates due to falling enrolments and the ageing of the workforce," he added.

If that is the case, why are so many computer science graduates looking for a full time job, and why are graduate salaries not higher than they are?

Perhaps Argy has the answer: "Globalisation has had a significant impact on the resourcing and management of ICT projects in recent years. It has also affected the skill set required of ICT professionals. Today's ICT workers are not only expected to have the appropriate qualifications, they must also practice professionalism in order to be competitive. Professionalism is about creating and maintaining an industry culture where high ethical standards and values are maintained, skills are regularly updated, there is a constant exchange of information and ideas and they are accountable," he said.

Is it possible that a computer science degree is not a good foundation for a career in IT? Or maybe employers are too busy offshoring entry-level positions? If you can't get that first toehold on the career ladder, how are you going to progress to more lucrative positions?
Powered By Joomla Tags

Please enable JavaScript in your browser to post your comment!

 
< Next story in category   Previous story in the category >
iTWire user statistics Visitors last 30 days
694,279
Subscribers 15,210
#1 independent technology news advertise here
  •   *  
  • Search
  • AdvSeach
  • Login
  • Events
  • FreeStuff

- Advertisement -

Featured Whitepapers

Follow iTWire on Twitter

About iTWire

iTWire is all about technology news, information, jobs and community for the IT and telecommunications industry professional. Subscribe to our free ICT daily newsletter