New salary survey data from recruitment firm Robert Walters has shown that Australian IT professionals with skills in cyber security, robotic process automation, artificial intelligence, business intelligence and analytics, user experience and user interface can expect strong salary growth in 2018, as these roles are in high demand.
Demand will also be strongest in technology, infrastructure and banking and financial services, particularly in the compliance area, driven by remediation projects initiated following several high-profile incidents of misconduct.
However IT professionals working in areas such as infrastructure operations, helpdesk and manual testing will see less demand for their roles, as more of these roles are outsourced to lower cost labour countries.
Robert Walters managing director James Nicholson, said proactive employers will need to step up their efforts to retain staff in 2018, particularly those in niche areas of high demand.
“That may be through a combination of training and development, pay rates, flexible work environments and career progression opportunities as well as access to interesting projects and emerging technologies,” Nicholson said. “Salary bands and internal rate cards may need to be regularly reviewed and, where necessary, adjusted for niche skills or emerging roles that don’t fit into historical bands. Hiring processes should also be streamlined to allow hiring managers to move fast and avoid missing out on talent.”
With new areas of expertise emerging constantly, the skills shortage is likely to be with us for some time.
“Another challenge for employers in 2018 will be up-skilling their existing technology workforce and investing in the next generation of technology talent to help fill the growing void in skill sets. It is progressively challenging for entry-level IT candidates to enter the market with so many low-level roles drying up due to years of continued offshoring or automation,” Nicholson said.
“Professionals are keenly aware of the need to work with new and emerging technologies to keep their skills relevant and in demand in the future. Employers who offer comprehensive training and development will have a competitive advantage in the jobs market in 2018 and beyond.”
Find out more at https://www.robertwalters.com.au/salarysurvey.html.