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Tuesday, 27 April 2010 17:06

Salaries rise in the West, but set higher in the East

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Rising demand for IT skills in West Australia is driving up salaries - but the big money will always be in Sydney and Melbourne according to recruitment specialist Peoplebank Australia which has released a salary survey.

In the first quarter of the year salaries being offered in WA to CIO level executives have soared from the $200,000 on offer last November to $240,000 today - but that is still eclipsed by the $350,000 or $300,000 that CIOs can command in Sydney or Melbourne. Senior business analysts, now commanding $105,000 in WA are however within a whisper of their peers in Sydney on $110,000.

Jeff Knowles, acting CEO of Peoplebank said that despite the WA rises it was unlikely salaries offered to IT staff on the West coast would ever outrun those offered on the Eastern seaboard, as Sydney and Melbourne were where most of the big IT jobs were located.  Nevertheless he said; 'WA was the last one into the GFC, and the first out,' which was leading to salary increases in Perth and surrounds.

Two out of five IT job categories on offer in WA has enjoyed a salary or contract rate increase in the first three months of the year, according to Knowles who is standing in as CEO while regular Peoplebank boss Peter Acheson completes a management course at Harvard in the US.

Knowles predicted that the increase for skills seen during the first quarter of the year in WA, would likely be mirrored in the Eastern states this quarter. Key skills currently in demand are contract workers with expertise in banking projects, business analysis, project management and Web 2.0.

Although most of the skills being sought by organisations were still being found in Australia, Knowles said that some niche skills demands were being filled by people on 457 visas.  Peoplebank has forecast a period of volatility as skills churn takes hold, with employees or contractors who had their salaries frozen during the economic slowdown now seek out fresh opportunities.



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