Friday, 21 November 2014 16:06

IT workers optimistic about salaries, bonuses


A recruitment firm says IT professionals are optimistic about salary increases in 2015.

Recruitment firm Robert Walters carries out a regular pay and bonus survey, and one of the latest findings is that 60% of IT professionals expect a pay rise - mostly between 1% and 10% - in 2015.

Furthermore, 34% anticipate receiving a bonus.

But only 43% received a pay rise in 2014, and 23% said they had received a bonus. So does this indicate a triumph of hope over experience? Perhaps not.

Robert Walters director of IT in Sydney Peter Bateson said "The results show that the number of IT professionals expecting a salary increase in 2015 is on par with the average candidate response.

"IT workers are most likely picking up on a general increase in business sentiment that we are currently witnessing in the Australian market, and expecting their remuneration to be increasing as a result."

And the company's associate director of IT in Perth Jodie Gillespie warned "Bonus payments can be very influential when it comes to candidate performance.

"Many IT candidates are anticipating a bonus on top of their base salary in 2015, and so we encourage employers to investigate their reward schemes and make sure their offerings for top performers are going to meet expectations."

Just over one-third of IT professionals say they will be looking for a new role in the next three months. Remarkably for an industry known for its staff mobility, that's relatively low - the average across all professions was 45%.

But almost two-thirds expect to change jobs sometime during 2015.

What are IT workers looking for? Increased opportunities for career progression, followed by a pay rise, improved work/life balance and improved job security.

The report is available here.

Image: Martin Kingsley [CC BY 2.0] via Wikimedia Commons

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Stephen Withers

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Stephen Withers is one of Australia¹s most experienced IT journalists, having begun his career in the days of 8-bit 'microcomputers'. He covers the gamut from gadgets to enterprise systems. In previous lives he has been an academic, a systems programmer, an IT support manager, and an online services manager. Stephen holds an honours degree in Management Sciences and a PhD in Industrial and Business Studies.

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