The demand for tech staff with experience in business and digital transformation, project management and business analysis has grown exponentially in the past year driving up wages across the board in Australia’s East Coast.
The Australian employment market is suffering through slow wage growth but if you’re a top tech worker, you’ll likely get a pay rise this year.
The average advertised salary for IT professionals in Australia is now $104,301, the highest it has been since March, according to tech job specialist, Gooroo.
Senior CIOs and IT directors in Sydney continue to command higher salaries than their counterparts in other states, earning $350,000 per annum with Melbourne its nearest rival at $300,000, according to Peoplebank’s quarterly Salary and Employment Index.
Median CEO pay climbed 9% to $13.9 million last year, but some tech leaders saw their pay slashed.
CIOs no longer sit outside the business, and they know it. They are working more closely with other c-level executives and aligning themselves with business outcomes and priorities, according CIO's 2014 State of the CIO survey.
We wish we had better news to share on the IT salary front: The median pay increases organizations are planning for IT professionals this year are small--1.8 percent--according to the latest Computer Economics IT salary survey. That's.2 percent lower than the median salary increases the Irvine, Calif.-based IT research firm predicted tech workers would receive in 2009.
I tend to equate the salaries of celebrity CIOs (an oxymoron, I know) with the compensation packages of today's professional athletes: They're all seemingly excessive and incomprehensible to most salt-of-the-earth people. HP CIO Randy Mott, for instance, took home more than US$28 million in compensation in 2008, while New York Yankees' slugger Alex Rodriguez earns $15,856 every time he sees a pitch, according to The Wall Street Journal.
Salaries of ICT professionals have slowed on average over the twelve months to May 2009 a new survey from the Australian Computer Society (ACS) finds.
