The ICT sector has streaked ahead of all other business and industry sectors in April, with demand for executives in the sector rising by 33% – a third straight quarter of gains.
The Australian Computer Society in Victoria sees the state government’s investment in the Connecting Regional Communities Programme (CRCP) as a way of building the technology capability and ICT jobs in the state.
The ICT sector has led the way for all other business and industry sectors in March, with executive job demand rising by 4% following a big increase of 26% in February.
ICT architects in Australia have attracted the highest overall salaries advertised on a national employment website, in line with high demand nationally.
There's more misery ahead for ICT executives, with the weakening job market for the technology high flyers at the end of last year carrying over into this year. The extent of the crisis is evident with the latest report on executive demand for January plummeting 28% since December.
Employers are intending to hire new staff over the remainder of this year, but the positive employment outlook is dampened somewhat by new research indicating that many employees feel let down in on-the-job training and are actively looking to switch jobs.
National demand for ICT executives has risen for the first time in July after three consecutive monthly losses.
Hourly rates for contractors have fallen steadily to new lows over the past nine months, although employers are still cautious when hiring, with contract employment continuing to dominate the ICT jobs market over permanent placements despite a small “subtle” shift to permanents.
A survey has revealed the Australian IT sector has only just scraped into 10th spot in the Top 10 ‘Most attractive industries’ list for the first time!
There might be more opportunities to secure a job in the IT sector this year, but salaries for IT professionals will barely rise despite employers’ plans to increase IT budgets.
The ICT sector has easily outstripped every other business and industry sector in the executive job stakes, with employment demand for execs in the sector up a whopping 70% last month. Demand for executives across all other sectors was also relatively buoyant, increasing by 24%.