Monday, 25 June 2012 02:18

ICT jobs market resilient, but salaries remain flat

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The Australian ICT job market is steady as she goes and continuing to show resilience despite broader economic uncertainty, according to the latest salary survey from specialist IT & T recruitment firm, Greythorn.

Greythorn says there are mixed views on market optimism for the year ahead, but it still anticipates the number of new opportunities in the ICT sector will continue to be stable throughout the remainder of this year.

According to Greythorn Managing Director, Richard Fischer, typically medium sized IT teams (50-150 IT employees), growth sectors such as utilities, resources and telecommunications are positive about the year ahead, but larger employers with global operations and financial services industries were “less inclined to be adding contractors or permanent staff.”

Greythorn surveyed 2,663 IT&T professionals using data from its 1,500-plus IT job placements over the 12 months to March this year and Fischer says the company has “seen similar levels of new job opportunities in the market as we had in the first quarter of 2011 which was considered a strong IT employment growth period.”

“Our candidate survey shows mixed views on market optimism that mirrors the results of our recent employer hiring intentions survey.”

On permanent salaries, Greythorn Director, Sean Croon, says that they jumped by 10-15% at the end of 2009 and have remained fairly flat since then. “In the last 12 months, average salaries marginally increased driven by an increase in the proportion of IT professionals on permanent and fixed term contracts compared to contractors on hourly or daily rates.  Remuneration for project managers, developers and support remained flat while network engineers, business analysts and system engineers experienced a 10%-15% increase.”

The Greythorn survey also revealed that contractor rates have been decreasing since late 2009 due to reduced numbers of contract requirements and a proportionately larger pool of IT contractors.

According to Croon, average contract rates across all skill sets remained flat, and he says mobility, online/digital, business intelligence, network engineering & IT security were “the in-demand skill sets that experienced rate increases in the last 12 months.”

“Growth in the Australian IT industry has been mainly driven by reasonable volumes of small to medium size IT projects. The lack of large-scale projects requiring large contractor workforces has meant project managers, business analysts and IT consultants experienced average rate decreases.”

To view Greythorn's Australian-wide salary survey results, with a state-by-state breakdown,
go to this link.

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Peter Dinham

Peter Dinham - retired in 2020. He is a veteran journalist and corporate communications consultant. He has worked as a journalist in all forms of media – newspapers/magazines, radio, television, press agency and now, online – including with the Canberra Times, The Examiner (Tasmania), the ABC and AAP-Reuters. As a freelance journalist he also had articles published in Australian and overseas magazines. He worked in the corporate communications/public relations sector, in-house with an airline, and as a senior executive in Australia of the world’s largest communications consultancy, Burson-Marsteller. He also ran his own communications consultancy and was a co-founder in Australia of the global photographic agency, the Image Bank (now Getty Images).

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