IT salaries to rise in 2011-12
Despite Australia’s persistent two-speed economy, the outlook for the country’s ICT sector is positive, with salaries and work-life balance expected to increase, according to the latest Greythorn Australian Salary Guide and Market report.
The report, which surveyed some 3458 IT professionals from around Australia, found that there are less IT professionals changing jobs, with 27 per cent of respondents stating they had been in their current position for one to two years, compared with 19 per cent last year.
The report also found that 77 per cent of IT professionals work between 36 and 45 hours per week, suggesting that the sector is supportive of maintaining a work-life balance, and only 4 per cent of employees working over 51 hours per week. Striking such a balance has meant a high rate of happiness for employees, with 42 per cent saying they were ‘fairly happy’, while 76 per cent said they would recommend their current employer to a friend.
In a somewhat similar situation to the American IT jobs market, the survey revealed that Australian IT professionals are receiving an increase in job offers, with 55 per cent stating this was the case because of a positive market outlook. Such an outlook also accounts for the high level of employment in the IT community, with 55 per cent of IT leaders saying they are employed in permanent roles, while 44 per cent are working on a contract basis.
Despite high levels of employment and job happiness, the survey revealed that employees in the ICT sector are feeling less secure than last year, with 59 per cent saying they feel ‘secure’ compared to 65 per cent last year.
The report also outlined what employees in the IT space are earning – check out our slideshow to see what you’re worth.
IT industry group Information Technology Contract and Recruitment Association’s (ITCRA) recently released statistics stating that there was a decrease in the number of candidates to fill roles in the ICT sector.
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