Home Business Telecommunications More, but less, as IT & telecoms professionals' salary prospects improve
More, but less, as IT & telecoms professionals' salary prospects improve Image courtesy of Stuart Miles at FreeDigitalPhotos.net Featured

Many IT and telecommunications professionals are in line for salary increases with more than half the employers in the two sectors indicating they will consider a lift in salaries — but only by around 3% — in their next reviews.

According to the latest salary guide from recruitment firm Hays, 52% of IT & telecommunications employers will give their staff a pay rise of less than 3% in their next review.

And based on a survey of more than 3000 organisations, the Hays Salary Guide claims a further 32% will increase salaries between 3% and 6% while 8% will raise them by 6% or more.

Compared to their last review, when 14% of IT & telecommunications employers gave no increases and 12% increased by 6% or above, Hays says the findings show that more professionals will receive an increase, but fewer will receive a raise at the higher level of 6% and above.

But despite this, according to Hays, the IT & telecommunications industry remains more generous than most – and on average and across all industries, 18% of employers will give staff an increase of 3% to 6%, while just 6% will increase by 6% or more.

Hays says, however, that IT workers have even higher expectations for a salary increase, with 19% expecting to receive 6% or more.

And, Hays says IT employees have also prioritised a pay rise. Two-thirds (67%) say a salary increase is their number one career priority this year and, if their employer doesn’t offer a pay rise, almost half (48%, up from 45% last year) will request one.

“The demand for constant, on-demand access to products and services drove significant change across all sectors and industries this past year, with subsequent projects increasing the need for talent in a market already suffering from skill shortages,” says Adam Shapley, senior regional director of Hays Information Technology.

“One example was increased demand for candidates with an elastic skillset across all CSIRT functions, penetration testing and information security. Given demand, cyber security salaries became more competitive.

“Another resulted from the increasing number of organisations that transferred their data to the cloud.”

Shapley says developers with certifications and commercial experience working with cloud platforms are now often able to command higher salaries.

“With organisations continually shifting their focus to meet changing consumer expectations, UX/UI designers and service designers are in high demand. Salary increases for front-end and Java developers illustrate how tight the competition for talent is,

“The continued adoption of Agile project management methodologies across the public and private sectors also fuelled demand, in turn increasing salaries for project professionals experienced and qualified in Agile principles.”

The Hays Salary Guide also found:

  • 53% of employers expect to increase permanent IT staff levels in the next 12 months, far exceeding the 14% who say they’ll decrease;
  • Meanwhile 33% expect to increase their use of temporary and contract IT staff, exceeding the 20% who anticipate decreasing in this area; and
  • 35% of organisations now employ temporary and contract staff in their IT department on a regular ongoing basis. Another 44% employ them for special projects or workloads.

Also revealed by Hays is that:

  • 53% of employers expect to increase permanent IT staff levels in the next 12 months, far exceeding the 14% who say they’ll decrease.
  • Meanwhile 33% expect to increase their use of temporary and contract IT staff, exceeding the 20%cwho anticipate decreasing in this area.
  • 35% of organisations now employ temporary and contract staff in their IT department on a regular ongoing basis. Another 44% employ them for special projects or workloads.
  • Business activity increased for 74% of employers in the past 12 months, while 77% expect it to increase in the next 12 months.
  • 40% foresee a strengthening economy in the coming six to 12 months.
  • In the last 12 months, 16%cof Australians asked for a pay rise but were declined – a further 18%casked for a pay rise and were successful.
  • The success of the latter perhaps explains why 48% say they intend to ask for a pay rise in their next review. A further 24% are as yet unsure.
  • 32% of employers say staff turnover has increased in their organisation over the last 12 months.
  • 67% of employers, compared to 65 per cent last year, are worried that skill shortages will affect the effective operation of their organisation or department in a significant (26%) or minor (41%) way.
  • 67% cof employers offer flexible salary packaging. Of these, the most common benefits.offered to all employees are salary sacrifice (offered to all employees by 57% of employers), above mandatory superannuation (41%), parking (33%), private health
    insurance (29%) and bonuses (27%).
  • 70% of employees have access to flexible work practices, 56% receive ongoing.learning & development, 45% career progression opportunities, 36% health and wellness programs, 32 over 20 days’ annual leave and 30% financial support for study.

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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).

 

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