IT salaries rise 4.5% in Australia

Pay is up significantly

Salaries for ICT professionals have risen 4.5% in the past 12 months, a slight increase on the 4.3 percent reported in 2006, according to the Australian Computer Society’s (ACS) annual remuneration survey.

An increase in rates charged by independent contractors, compared to the previous year’s study, supports the view that the IT sector has continued to rebound over the course of the year.

Rates charged by independent contractors generally fell within a range of A$65 (NZ$72) to A$110 per hour. While 47% of respondents had held their rates steady, 47.5% of contractors increased their rates during the course of the year.

Over the last year, while some ICT professionals with scarce skills have enjoyed salary increases of up to 10 to 15%, one in 10 employees received little or no increase. The strongest demand was in the consulting industry, where 67% of respondents reported levels of demand substantially higher than a year earlier.

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