Skills shortages start to lift industry salaries
Feb 22nd 2005, 6:48 am
#1
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Joined: Aug 2004
Location: Perth WA
Posts: 1,109
Skills shortages start to lift industry salaries
From today's West Australian
They may still feel like they’re doing it tough, but Perth’s IT professionals have a lot more to smile about than their Eastern States colleagues when it comes to the contents of their pay packets.
The latest Ambit IT&T Salary Index has revealed overall IT salaries in Perth have grown an average of 2.1 per cent since July last year — well ahead of the national average of 1.4 per cent and comfortably ahead of the nearest increase of 1.8 per cent, recorded by Brisbane.
The Ambit index, undertaken by national player Ambit IT&T Recruitment, measures movement in permanent IT salaries and is based on interviews with more than 1000 clients and candidates nationwide.
According to Ambit Recruitment Group State manager Haydn Bell, there’s more good news ahead for Perth’s IT workforce with the State’s continuing resources boom coupled with a shortage of skilled IT workers set to push salaries higher over the next two to three years.
And it’s those in development roles who look likely to reap the biggest rewards, with developers’ salaries already leaping an average of 6.8 per cent in the past six months.
“With most major infrastructure work in the resources and corporate sectors now complete, IT design and development personnel are now in hot demand and we’re seeing a significant lift in the earning power of business analysts, IT consultants, systems architects and test analysts,� Mr Bell said.
“By way of example, business analyst earnings have moved from $67,000 to over $77,000 and IT consultants (functional) from $70,000 to $80,000.�
Demand for test analysts was so high that local recruitment databases had been exhausted, and companies were now looking interstate for these candidates.
“As the entire Australian economy hots up, our sand and surf is not enough of an attraction and we have to pay candidates more to lure them to the west,� he said.
On the other side of the coin, salary increases for .NET and Java/J2EE roles had not grown since July last year — but Mr Bell said he believed they would pick up in the second half of 2005 as design work began to evolve into development projects.
Enterprise resource planning (ERP) salaries dominated earnings increases six months ago, before being overtaken by development salaries.
The most recent results show they have grown an average of 5 per cent since July, which Mr Bell said was driven by the demand for functional and technical experts to fine-tune SAP, Oracle and People-Soft computer installations.
Coupled with this, government projects were also draining the state of available personnel, forcing companies to source candidates interstate and overseas.
“This is particularly pronounced where Oracle candidates are concerned,� he said.
SAP basis administrators were the clear winners on the support infrastructure administrative front, with earnings soaring an impressive 22.7 per cent over the past six months.
They may still feel like they’re doing it tough, but Perth’s IT professionals have a lot more to smile about than their Eastern States colleagues when it comes to the contents of their pay packets.
The latest Ambit IT&T Salary Index has revealed overall IT salaries in Perth have grown an average of 2.1 per cent since July last year — well ahead of the national average of 1.4 per cent and comfortably ahead of the nearest increase of 1.8 per cent, recorded by Brisbane.
The Ambit index, undertaken by national player Ambit IT&T Recruitment, measures movement in permanent IT salaries and is based on interviews with more than 1000 clients and candidates nationwide.
According to Ambit Recruitment Group State manager Haydn Bell, there’s more good news ahead for Perth’s IT workforce with the State’s continuing resources boom coupled with a shortage of skilled IT workers set to push salaries higher over the next two to three years.
And it’s those in development roles who look likely to reap the biggest rewards, with developers’ salaries already leaping an average of 6.8 per cent in the past six months.
“With most major infrastructure work in the resources and corporate sectors now complete, IT design and development personnel are now in hot demand and we’re seeing a significant lift in the earning power of business analysts, IT consultants, systems architects and test analysts,� Mr Bell said.
“By way of example, business analyst earnings have moved from $67,000 to over $77,000 and IT consultants (functional) from $70,000 to $80,000.�
Demand for test analysts was so high that local recruitment databases had been exhausted, and companies were now looking interstate for these candidates.
“As the entire Australian economy hots up, our sand and surf is not enough of an attraction and we have to pay candidates more to lure them to the west,� he said.
On the other side of the coin, salary increases for .NET and Java/J2EE roles had not grown since July last year — but Mr Bell said he believed they would pick up in the second half of 2005 as design work began to evolve into development projects.
Enterprise resource planning (ERP) salaries dominated earnings increases six months ago, before being overtaken by development salaries.
The most recent results show they have grown an average of 5 per cent since July, which Mr Bell said was driven by the demand for functional and technical experts to fine-tune SAP, Oracle and People-Soft computer installations.
Coupled with this, government projects were also draining the state of available personnel, forcing companies to source candidates interstate and overseas.
“This is particularly pronounced where Oracle candidates are concerned,� he said.
SAP basis administrators were the clear winners on the support infrastructure administrative front, with earnings soaring an impressive 22.7 per cent over the past six months.
Feb 22nd 2005, 7:27 am
#2
Banned
Joined: Jul 2003
Posts: 1,048
Re: Skills shortages start to lift industry salaries
Better whip up interest rates before labour gets the whip hand.
"According to Australian Bureau of Statistics figures, the four-quarter average of working days lost per thousand employees in Western Australia rose over a two-year period to September last year from 36.6 to 107.6 days."
"The next closest was Victoria, up from 28 to 78.8 days lost over the same period, and then NSW, up modestly from 56.8 to 59.2 days lost."
WA: the nation's strike capital
"According to Australian Bureau of Statistics figures, the four-quarter average of working days lost per thousand employees in Western Australia rose over a two-year period to September last year from 36.6 to 107.6 days."
"The next closest was Victoria, up from 28 to 78.8 days lost over the same period, and then NSW, up modestly from 56.8 to 59.2 days lost."
WA: the nation's strike capital
Feb 22nd 2005, 7:32 am
#3
Joined: Aug 2003
Posts: 11,149
Re: Skills shortages start to lift industry salaries
All adds up to an increased likelyhood of a rate rise that should have happened 6 months ago.
