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Tuesday, 30 April 2019 11:20

Increased salary offers used to lure jobseekers to IT industry: report Featured

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Increased salary offers used to lure jobseekers to IT industry: report Image courtesy of Stuart Miles at FreeDigitalPhotos.net

Fifty nine percent of Australian IT jobseekers value salary as the most persuasive factor when accepting a new job offer, according to a newly published survey which warns that Australia’s IT talent shortage is set to continue in 2019.

According to the survey, commissioned by recruitment firm Robert Half, 7 out of 10 CIOs increased their initial salary offering to secure favoured candidates.

“This supports a broader market trend – with IT sector wage growth sitting 3.3% higher than the national average across all industries,” Robert Half notes.

The survey also reveals that the main considerations for awarding a higher base salary are experience (48%), technical skills (46%) and industry experience (38%), while the top IT positions in demand for 2019 are:

  • Full stack developer
  • Business analyst
  • IT security manager
  • Network engineer
  • Manual test analyst

According to Robert Half, a focus on financial incentives to attract high-calibre talent comes as no surprise given almost nine in 10 (88%) of Australian CIOs say it is more challenging to attract qualified IT professionals to their organisation compared to five years ago.

Robert Half says the survey findings are reflective of broader wage growth trends within the IT sector as the 2018 annual wage growth in the Australian IT sector was reported to be 3.3% higher than the national average across all industries.

robert half peter

“The global technology race is in full swing, with many businesses adopting innovative technologies, such as blockchain, AI, machine learning, natural language processing and augmented reality, to differentiate themselves from the competition,” says Andrew Morris, director of Robert Half Australia.

 “Consequently, demand is rapidly rising for high-calibre tech candidates in an increasingly competitive talent market, which means more skilled IT jobseekers are able to negotiate higher salaries as companies endeavour to secure their preferred candidate.

“While offering higher salaries is important in a competitive environment, non-financial incentives are also an effective way to appeal to highly sought-after workers in the marketplace. Specifically, as the future working environment continues to become more agile thanks to technology and changing attitudes, increased flexibility around working hours and location is also a highly attractive benefit for today’s workforce.”

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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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