Stable market avoids salary turbulence

IT wages and salaries appear stable in New Zealand, in contrast to reports of falling rates in Australia and the US.

IT wages and salaries appear stable in New Zealand, in contrast to reports of falling rates in Australia and the US.

Six-figure salaries are still possible across many sectors, but the market appears to be avoiding the huge increases of recent years.

The latest salary rates were released last week by TMP Worldwide, though the recruitment company has avoided giving percentage changes, unlike in previous surveys.

TMP Auckland general manager Greg Thompson says producing a broad range of figures gives candidates and recruiters a fairer idea — rather than a percentage increase across salary averages — of the value of various skills. Previous averages, he says, may have unfairly raised or lowered expectations.

A CIO of a company with more than 100 employees should be worth $160,000 to $200,000, the survey says, and $125,000 to 165,000 in a medium-sized company of 50 to 100 staff.

An IT team leader is worth $67,000 to $82,000, depending on experience, and an IT manager $75,000 to $150,000, again depending on experience and the size of the department. Project leaders are worth $67,000 to $82,000 and project directors $120,000 to $170,000.

Senior Oracle developers are worth $80,000 to $120,000; ASP developers with two to four years’ experience $50,000 to $65,000; and Visual Basic analyst programmers with the same experience $50,000 to $60,000.

Last year the TMP survey, formerly the Lampen survey, recorded average pay increases of up to 17% for analyst-programmers, with others gaining 3% to 7%.

But this year Thomson says there are few pay rises, particularly in technologies like C++, as demand has fallen.

Thompson has just returned from Melbourne where he confirms reports of falling salaries as the Australian IT industry rationalises.

Glenn Bratton, Auckland manager of recruiter Robert Walters, says there is little movement in the New Zealand market, suggesting “a wee drop” in rates.

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