In fact, grow in digital now outpaces banking as the biggest driver of IT hiring, with Melbourne and the government sector in Canberra the strongest markets.
The latest report from ICT recruitment firm Peoplebank reveals that remuneration levels for more than 50 ICT job titles reflect a market in which the so-called “digital transformation revolution” – or ‘Industrie 4.0’ - is now in “full flight”.
According to Peoplebank CEO Peter Acheson, demand levels in Sydney are at their highest for seven years, and the number of projects in the pipeline suggests that “strong demand will be the 'new normal' for 2015”.
|
|
"This surge has meant that the banking and finance sector - historically the largest employer of IT skills in NSW - now accounts for just 50% of the market."
The Peoplebank index shows that demand for ICT skills across Australia is also being supported by the falling Australian dollar, and according to Acheson it is now low enough to stimulate activity in trade exposed export and import competing industries- the sectors which have been deferring projects and capital expenditure for several years.
“Pent up demand and a more favourable Australian dollar are now spurring these organisations to make new investments in technology and R&D, supporting Australia's transition to a broader economy.
"The net impact of these markets is that Australia is earning its ranking in the world's Top 10 markets for digital attractiveness," Acheson observes.
But, Acheson warns that there is a risk to Australia's continued digital expansion, as the lower Australian dollar and changed migration conditions have combined to deplete the number of overseas trained digital professionals in the Australian skills pool.
"Over the longer term, the risk is that a shortage of digital skills could slow down transformational projects.
"Through these projects - the transformation to Industrie 4.0 - Australia’s digital economy has grown by 50% in just three years. It is our nation's biggest growth lever, and we need to support its positive impact on business productivity and our capacity to compete in global markets."
Peoplebank Index: Capital City Salary Rates (for permanent roles)
- Row 1 - June 2015, Row 2 - Jan 2014, Row 3 - March 2013
|
Position |
NSW |
ACT |
VIC |
QLD |
|
WA |
SA |
|
Senior Business Analyst |
$120,000 $120,000 $120,000 |
$120,000 $120,000 $115,000 |
$130,000 $130,000 $130,000 |
$120,000 $120,000 $120,000 |
$130,000 $130,000 $130,000 |
$120,000 $120,000 $120,000 |
|
|
Senior J2EE Architect |
$150,000 $150,000 $150,000 |
$120,000 $150,000 $150,000 |
$150,000 $150,000 $150,000 |
$145,000 $135,000 $128,500 |
$140,000 $140,000 n/a |
$120,000 $120,000 $120,000 |
|
|
Senior Oracle Financials – Functional |
$140,000 $140,000 $140,000 |
$125,000 $100,000 $100,000 |
$130,000 $130,000 $130,000 |
$120,000 $120,000 $120,000 |
$120,000 $120,000 $120,000 |
$130,000 $130,000 $130,000 |
|
|
Senior SAP – Functional |
$130,000 $130,000 $130,000 |
$130,000 $150,000 $150,000 |
$140,000 $140,000 $140,000 |
$130,000 $130,000 $130,000 |
$140,000 $140,000 $140,000 |
$150,000 $150,000 $150,000+ |
|
|
Senior CIO/IT Director |
$350,000 $350,000 $350,000 |
$205,000 $205,000 $205,000 |
$300,000 $300,000 $300,000 |
$190,000 $190,000 $190,000 |
$250,000 $250,000 $250,000 |
$240,000 $240,000 $250,000+ |
|
|
Senior IT Manager |
$180,000 $180,000 $180,000 |
$180,000 $120,000 $120,000 |
$150,000 $150,000 $150,000 |
$110,000 $110,000 $110,000 |
$170,000 $170,000 $170,000 |
$150,000 $150,000 $150,000 |
|
Web Developers |
$140,000 $900/day |
$100,000 $640/day |
$120,000 $800/day - |
- - |
$80,000 - |
$100,000 - |
|
|
Data Scientists |
$900/day |
- |
$800/day $800/day |
- |
- |
- |
