Recruitment Market Segment LS
Recruitment Market Segment RS
Tuesday, 30 January 2018 11:02

Jobs outlook good for IT pros, salaries likely to rise: report Featured

By
Jobs outlook good for IT pros, salaries likely to rise: report Image courtesy of Stuart Miles at FreeDigitalPhotos.net

With surveys showing increasing jobs demand for IT professionals there’s also expected to be an uplift in salaries across the sector despite salaries in most Australian states being flat over recent months.

The latest report from recruiter Peoplebank predicts that, if demand for tech professionals continues to grow in 2018, organisations may need to offer salary increases to secure their preferred candidates for new roles and projects.

Peoplebank today releases its Salary and Employment Index, tracking salaries and rates being paid in the tech sector across Australia, and  says tech jobs are on the rise and are expected to continue to grow steadily in 2018.

According to the company, while the number of jobs has increased, few technology professionals have seen a rise in salaries or rates over recent months.

But, exceptions to this trend include NSW’s business intelligence, data analytics security and cyber security and systems analysis professionals, while SAP professionals in NSW also enjoyed some salary increases.

With the rising number of tech jobs in Australia, especially along the east coast, Peter Acheson, chief executive of Peoplebank, observes that professionals with strong skillsets are increasingly able to choose the projects that they will work on.

Acheson says this trend is the first sign of a tightening skills market. If demand for tech professionals continues to grow in 2018, organisations may need to offer salary increases to secure their preferred candidates for new roles and projects, he adds.

The positive outlook for IT from Peoplebank coincides with another report released today by recruiter Clicks IT which paints a rosy picture of the business environment and predicts that 2018 will be the most positive on record for the sector, following on from a stellar 2017. Clicks say demand for staff continues to strengthen and IT budgets are expanding.

Acheson says that overall demand for tech professionals rose in the last months of 2017, especially for those with specialist skills.

“The growth in tech sector jobs has outstripped Australia’s broader jobs growth. In fact, demand for tech professionals is  now nearly at historically-high levels, especially for those with digital, security, business transformation, business intelligence and data analysis skills.”

Acheson observes that demand is being especially driven by the east coast centres of Sydney, Melbourne and the ACT.

“Demand, especially in Sydney and Melbourne, is being driven by three factors: government investments in infrastructure, as well as the private sector’s transformational investments in technology that expands the organisation’s capacity to deliver products and services," Acheson commented.

“Thirdly, on the back of solid business confidence, business is updating its tech infrastructure to underpin business-as-usual operations.”

CHIEF DATA & ANALYTICS OFFICER BRISBANE 2020

26-27 February 2020 | Hilton Brisbane

Connecting the region’s leading data analytics professionals to drive and inspire your future strategy

Leading the data analytics division has never been easy, but now the challenge is on to remain ahead of the competition and reap the massive rewards as a strategic executive.

Do you want to leverage data governance as an enabler?Are you working at driving AI/ML implementation?

Want to stay abreast of data privacy and AI ethics requirements? Are you working hard to push predictive analytics to the limits?

With so much to keep on top of in such a rapidly changing technology space, collaboration is key to success. You don't need to struggle alone, network and share your struggles as well as your tips for success at CDAO Brisbane.

Discover how your peers have tackled the very same issues you face daily. Network with over 140 of your peers and hear from the leading professionals in your industry. Leverage this community of data and analytics enthusiasts to advance your strategy to the next level.

Download the Agenda to find out more

DOWNLOAD NOW!

Peter Dinham

Peter Dinham is a co-founder of iTWire and a 35-year 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).

VENDOR NEWS & EVENTS

REVIEWS

Recent Comments