IT bonanza: salaries and offers to rise further in 2009

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by Lia Timson

Thursday, 26 June 2008

Page 1 of 2 ! IT workers are expected to reap up to 15% higher salaries next year on top of record increases already granted in the last 12 months, according to a new survey. Related stories How Windows Vista is turning people to Linux People Telecom to resell Vodafone mobile services The 102 year old Facebook frisbee queen Telstra signs first ADSL2 wholesale deal with People Telecom IT jobs market plunges in July: report Most popular skills tags .NET Active Directory C# Cisco Development HTML Infrastructure Management Network Oracle Project Management SAP SDLC SQL Server Support Sybase TCP/IP Unix VB.NET Web Services/SOAP XML The 2008-09 Michael Page International Technology Salary + Employment Forecast released this week, shows employers expect to pay more to attract and retain IT staff in all industries as the skills and graduate enrolment crises continue. They anticipate offering between 5 and 8% more money across all IT jobs, and up to 15% more for specialist skill sets in 2009. Last month, the Hays Salary Survey 2008 revealed IT salaries had risen between 6 and 10% on average, with some positions commanding 20 and 30% higher wages. But the new survey warns employers to provide more than just money to retain workers, with twice as many employees saying their main reason for leaving their last job was career advancement. It recommends training, flexible work practices and a degree of leeway in the hiring. Factored into the predicted salary rise is the exodus of IT professionals from NSW and Victoria towards Queensland and Western Australia where the resources and mining boom is fuelling demand for staff across all sectors. Although the IT exodus is expected to be temporary to match contract periods, candidates are being persuaded to move because of the number of opportunities and the “range of interesting and rewarding projects on offer”, the survey found. All in all, the survey has even more good news for IT candidates looking for choice as it found more than two thirds of employers plan to hire more people. Some 62% are preparing to increase their permanent head count by 1 to 10 staff, while 7% plan to hire more than 10. Only 4% expect to decrease head count. (Continues on Page 2) << First page <   1 2 Next page > Last page - Post your comment >>

 

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