IT professionals, system engineers, corporate governance and data analysts will be among those reaping the highest salary increases this year, according to a report.
that a Robert Walters survey of 950 hiring managers and 1800 workers has found salaries of Information Technology professionals in Sydney are forecast to seen an increase of 45 per cent.
“IT professionals with niche and emerging skill sets such as Big Data, DevOps, cyber security and Cloud collaboration were in high demand and could command higher rates of pay in 2016,” the survey found.
Funds and operational analysis professionals are likely to see an increase of 33 per cent in their salaries. They are likely to command $80,000, up from $60,000.
The report expects an increased hiring in IT, corporate governance and government infrastructure projects. It says construction and engineering professionals will also be able to command higher wages due to the government investment in big infrastructure projects.
“Companies will also seek to hire commercially aware accountant with strong technical skills who can advise on financial issues at a senior level,” the report said.
The report suggests that only higher salaries may not be enough to attract the best talent.
“While financial reward remains a key incentive for job seekers it is not the only major driver.
“Both generational change and technological advancements have influenced job seekers to place a higher value on flexibility as well as reward, culture and long-term career development.
“We strongly advise hiring managers ... to become competitive in these areas, not just focusing on salary and financial incentives.”
Robert Walters says recruitment in the banking and IT sectors saw higher levels of activity in 2016 with greatest opportunities for professionals with specialist skills, particularly in digital technologies. However, salaries broadly remained flat for most professionals.
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