We are currently observing strong demand for a range of IT&T skills, as businesses across Australia, along with the major banks and WA’s mining sector undertake transformational projects designed to help them gain ground in the recovering global marketplace.

The recent significant growth in IT&T jobs available – such as a rise of 200% in the past 12 months in Victoria and 30% in both New South Wales and Queensland – have been sustained
in most states since our last Index in April 2010.

Our latest IT&T Salary & Contract Rate Indexes for August 2010 have just been released!

Click on the links below for the index of your choice…

Adelaide
Brisbane
Canberra
Melbourne
Perth
Sydney

During the past quarter, salaries and rates have increased by an average of 5%, with a number of roles experiencing spectacular rises of up to a third. Increased demand means further pay rises are expected for resource-sector employees in WA through the rest of 2010.

Both the Mining and Oil & Gas sectors have seen increased demand for engineers and construction, contract and procurement managers, as well as sharp rises in payscales – by as much as 30% for some contract roles. It should be noted that many of the roles that are experiencing dramatic pay increases were subject to rate cuts of around 10% during the downturn of 2008 – 2009.

The latest edition of the Peoplebank Intermedium Federal Labour Hire Index can be downloaded by clicking here

The third Peoplebank Intermedium Federal ICT Labour Hire Index shows the continuation over 2009 and into 2010 of a long-term downward trend in the Government’s reliance on ICT contractors. Peoplebank observes that, responding to this contraction, ICT contractors are relocating to the booming Sydney and Melbourne markets – with consequences including that the first signs of a looming skills shortage are emerging.

The Labour Hire Index, which measures the average cost of an average unit of labour hire paid by the Federal Government to ICT contractors stood at 1,175 points in December 2009. This was just 15 points below the December 2008 level, but a fall of almost 50 percent against the Index peak of 2,251 points in August 2006.