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Jobs on offer again as market recovers
Appeared in: The Australian
Author: David Crosling
Date: August 31, 2010
THE IT employment sector is enjoying a “honeymoon” period with realistic rates making business inclined to hire, a new survey shows.
Peoplebank Australia’s quarterly salary survey, released today, finds it is a good climate for businesses to hire, with salaries remaining steady in the past three months.
Peoplebank chief executive officer Peter Acheson said IT hiring continued to accelerate, with the two major states of NSW and Victoria predicted to be in a “candidate-tight” market by Christmas.
“By this time next year, we would be starting to see salary increases flowing through,” Mr Acheson said.
“Typically, they will be in the 4 to 5 per cent annual range, but will be more in particular skills that are acutely short such as SAP, business analysts and some J2EE project architect-type environments.”
Since November last year, most of the demand in IT has come from the major banks, utilities, the National Broadband Network and insurance sector, Mr Acheson said.
The survey, which tracks rates and salaries being paid in more than 50 IT roles in Australian capital cities, found the strongest demand had been for SAP skills, project managers, project directors, business analysts and project architects.
Victoria had seen a rise of 200 per cent in the number of jobs available, in both Queensland and NSW it was 30 per cent, and there had been a dramatic resurgence in Western Australia.
The exception was the ACT, where a hiring freeze took effect once the election was called.
“Right now, if you are in IT you can get as good a pay rate in Victoria as you can in NSW,” Mr Acheson said.