The Australian Computer Society (ACS) has released the findings from its annual salary survey, with growth in salaries much the same as it was last year.
Overall, the final growth number for IT professionals was 3.9 per cent; last year’s number was an even 4 per cent.
Growth in the mining, communications, and defence sectors stood out, with growth rates of 5.6, 5.0, and 4.8 per cent, respectively.
Public-sector employees saw an average growth rate of 4.6 per cent in their salaries, up from the 3.5 per cent last year. Private-sector employees saw a drop in the growth rate, from 4.2 per cent to this year’s 3.7 per cent. Employees in the education sector also saw a drop, from 3.9 per cent to 3.5 per cent.
The median remuneration package for ICT professionals was AU$117,500 for the private sector, AU$112,459 for public servants, and AU$100,211 for education workers.
To put the rises into some sort of perspective, the Reserve Bank of Australia (RBA) quotes the current inflation rate at 1.2 per cent, and the Australian Bureau of Statistics (ABS) reported that the growth of average weekly earnings last year was 3.7 per cent.
“There are a number of factors at play when it comes to ICT salaries in Australia, including the continued emergence of the digital economy, specific skill shortages, and the roll-out of the National Broadband Network,” said ACS chief executive Alan Patterson.
“There are two key takeaways from these findings: the first is that ICT continues to provide strong, stable, and well-remunerated career paths for professionals. The second is that to help meet the continued business and government demand for suitable ICT professionals, more must be done to engage young people in ICT.”
The salary numbers from the ACS stand in contrast to the last vacancy report from the Department of Education, Employment and Workplace Relations, which showed the number of advertised job vacancies for ICT professionals to be at a record low.