Skills shortage helps to drive IT salaries higher
October 19, 2007
Salary data from Ambition Recruitment suggests Sydney analyst programmers in web technologies can earn between $60,000-$90,000 for a permanent role and $45-$80 per hour contracting. Melbourne pay rates in the web industry are similar, but usually slightly lower than those in Sydney.
Under the heading ‘Hot Areas’, Ambition report that “Java skills are at a premium, as are PHP, .NET and candidates with experience in development management”. There’s positive news for contractors with Ambition stating that the contract market continues to “cry out” for application developers.
Other interesting news to emerge from the Ambition report includes,
- “the ICT sector has experienced strong levels of activity in 2006 in a market that has become characterised by its critical skills shortage”
- “we are seeing intense competition to attract and retain top level talent”
- “salary increases of around 10-12% have been common” (for permanent roles)
- “with fewer candidates available to them, the length of the recruitment cycle is increasing and counter offers are becoming more prevalent”
- “the number of 457 visas for foreign workers has rocketed … in no area has the usage of 457 visas been more prevalent than in IT”
| Salary data (PERMANENT) for Analyst Programmers (Web) | ||||
| NSW (1-2 yrs) |
NSW (3+ yrs) |
VIC (1-2 yrs) |
VIC (3+ yrs) |
|
| Banking & Finance | $60 – 85k | $65 – 80k | $50 – 65k | $65 – 80k |
| Commerce & Industry | $75 – 90k | $90 – 120k | $68 – 81k | $81 – 110k |
| Vendor | $75 – 85k | $90 – 120k | $65 – 85k | $85 – 110k |
…
| Salary data (CONTRACT) for Analyst Programmers (Web) | ||||
| NSW (hr rate) |
VIC (hr rate) |
|||
| Banking & Finance | $50 – 70 | $45 – 60 | ||
| Commerce & Industry | $45 – 80 | $45 – 75 | ||
| Vendor | $45 – 80 | $45 – 80 | ||
