Australian Technology Recruitment Market Insights & Salary Guide IT Executive
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1 Australian Technology Recruitment Market Insights & Salary Guide IT Executive 1
2 Contents Executive Summary 3 Market Report 4 Salary Guide 8 About Greythorn 13 Contact us 13 These survey results are recognised throughout the Australian IT industry as an accurate representation of the industry and a market leading source of quality insights and opinions. All survey responses, comments and insights have been consolidated for this Australian IT Recruitment Market Insights and Salary Guide This survey was carried out during June-July 2016 and distributed via an online questionnaire. Greythorn received 2583 responses. Disclaimer: The remuneration tables are supplemented with data and market information that Greythorn has access to. The results are provided as generic market information only. Greythorn does not make any warranties regarding the use, validity, accuracy or reliability of the results and information obtained. Greythorn will not be liable for any damages of any kind arising out of or relating to use of this information. 2
3 Market Update The Australian IT market continues to be driven by Cloud digital transformation, is the buzzword particularly in this at sector, a senior with level. Azure Current and hiring AWS at the dominating executive level the is conversation. focusing The digital architecture programs and market financial has services shifted transformation. in the past There year is much to be activity almost in the fully financial dominated services by sector cloud as delivering based a seamless projects. digital A key experience concern for for businesses customers continues undertaking to be a these key strategic projects focus. is ensuring This growth stakeholders is reflected in and the Greythorn the business survey, at with large 23% of understand IT executives what seeing exactly Transformation cloud means. as a key As project such growth those area with while experience a further 20% in these saw mobility technologies as the major growth and strong area for stakeholder the next 12 months. and communication skills are highly sought after IT executives with experience in strategy implementation, particularly around digital, data, With many organisations undertaking cloud security and infrastructure are in high demand. migrations and focusing on transformation Those with proven experience managing large traditional infrastructure architecture roles transformation programs are also highly sought are decreasing in demand. Professionals in after as are those experienced more generally in demand include those with experience in digital, data, analytics, security. Within financial cloud services, service models, Salesforce, services those who have worked within large volume architecture and design. In line with these transaction environments are in high demand. trends, most candidates surveyed by Greythorn (47%) say they are looking to Thanks to this project growth senior data and increase their skills in cloud. analytics professionals are in demand especially There is significantly less mobility in the with consulting firms. A lot of these professionals are architecture space this year with only 54% contracting as money is attractive of those intending to change jobs compared to 66% last year. Architects are also more Skilled digital IT executives remain a small subset of satisfied in their roles than last year, with the Australian IT industry and with many organisations 26% of those surveyed saying they are very focusing on hiring these executives there is a growing satisfied compared to 22% in skills shortage in this area. We advise clients to be flexible and open to bringing talent from overseas. In Some spite larger of increased corporations demand are already rates doing and this, but salaries they are facing look set large to fees stagnate in order with to do 61% so. The of larger candidates banks are attracting predicting some no big rate names change and talent in the in next the digital 12 months. space from overseas, a trend we expect to continue throughout been a lot of movement and opportunities for senior The roles recent in the market, spate compared of cloud projects to the last combined 12 months, with but there this is being a growing a relatively number new of talented skill set senior in Australia candidates has who led are to open significant to opportunities. skills shortages. Many of Those these candidates with experience want to broaden working their in Azure experience are hard and move to find into and a different often, industry already or well work employed. for an We organisation advise employers that is going seeking through change these and people transformation. to be flexible and open to overseas talent. This candidate driven market also means For employers employers it s important need to to act remember fast on that good it is candidates not just about and money offer for the IT executives. most compelling Many senior opportunity IT professionals possible. want to be Most involved candidates in challenging are seeking and exciting flexible work work a role options, that will see over them 20 days play a holiday critical role and within an annual the business, bonus driving scheme. outcomes If and you adding do value. not already Executives offer want these to take options an organisation we recommend on a journey and considering being involved implementing with a business them. that is transforming and going through change excites them. When looking to attract senior IT executives Job seekers are advised to ensure skills it s important to remember motivations such as these and certifications are up to date. While and tailor hiring campaigns accordingly. certifications are not always essential they are important and those who do not hold them Key challenges for executives the next 12 may find themselves overlooked or needing to months are set to include balancing budgets with the work harder to sell their experience. need for innovation (40%), managing expectations (27%) and adapting to the changing role of IT (26%). Rachel Van Zyl Sharon Hoffman Senior Consultant National Sales Director Jack George Consultant Allison Chatterley Consultant Salaries look to remain stable for executive appointments over the next 12 months. There has 3
4 Increased confidence in the Australian IT market is leading to a lower percentage of respondents willing to consider temporary contracts, while the number of those on fixed term contracts has increased by 9% year. When was your last salary review? 1 month 2-3 months 4-6 months 7-9 months months 12+ months No Review 6 % 12 % 18 % 17 % 13 % 13 % 21 % Has your overall remuneration increased in the last 12 months? 0 % 1-3 % 4-5 % 6-10 % % 15 % + 1 % 5 % 16 % 14 % 35 % 29 % Have you ever considered: A fixed term contract? A temporary contract? Yes 61 % 31 % Yes 36 % I am currently on a fixed contract 4
5 Flexible benefits have trumped flexible working as the most important benefit when considering a new role this year. As flexible working becomes more widespread IT professionals are simply expecting this benefit rather than asking for it. Which of the following benefits are included in your current package? (Top 5) Mobile phone Flexible working Annual bonus scheme Salary sacrifice Over 20 days holiday Benefits ranked important when considering a new role (top 5) Flexible benefits Annual bonus scheme Training Over 20 days holiday Flexible working What do you see as the biggest change to the role of the CIO? (Top 3) The role has become more business focused CIOs are required to demonstrate how & where they have added value The role has become more marketing/ digital focused 5
6 While the majority of IT executives are satisfied with their current roles an overwhelming 60% are still planning on changing roles this year. This high level of mobility is likely due to the buoyancy of the Australian IT market. How satisfied/engaged are you in your current role? 29 % 39 % 17 % 15 % Very Fairly Neutral Not very Are you intending to change jobs within the next 12 months? No Yes 40 % 60 % Why did you leave your last job? (Top 5) 1 Poor culture 2 End of contract 3 Interesting work 4 Opportunities 5 Redundancy 6
7 Challenges facing IT executives this year have changed to focus on business needs driven by the digital transformation. What are your biggest challenges? 40 % % 27 % 26 % 24 Balancing innovation needs with budget Managing expectations Adapting to the changing role of IT Hiring quality staff What do you see as project growth areas in the next 12 months? TRANSFORMATION MOBILITY DIGITAL SECURITY/FRAUD BYOD REGULATORY & COMPLIANCE What technology/skill do you think you will need to learn next? (Top 3) Cloud Big Data Digital Marketing, Transformation & Analytics 7
8 Salary Guide 2016/17 IT Executive 8
9 PERMANENT $000 per annum (incl. Super) APPLICATIONS DEVELOPMENT MANAGER - LARGE SCALE JUNIOR INTERMEDIATE SENIOR NEW SOUTH WALES VICTORIA QUEENSLAND SOUTH AUSTRALIA WESTERN AUSTRALIA APPLICATIONS DEVELOPMENT MANAGER - SMALL SCALE JUNIOR INTERMEDIATE SENIOR NEW SOUTH WALES VICTORIA QUEENSLAND SOUTH AUSTRALIA WESTERN AUSTRALIA CIO/IT DIRECTOR JUNIOR INTERMEDIATE SENIOR NEW SOUTH WALES VICTORIA QUEENSLAND SOUTH AUSTRALIA WESTERN AUSTRALIA CTO (CHIEF TECHNOLOGY OFFICER) JUNIOR INTERMEDIATE SENIOR NEW SOUTH WALES VICTORIA QUEENSLAND SOUTH AUSTRALIA WESTERN AUSTRALIA
10 PERMANENT $000 per annum (incl. Super) HEAD OF IT JUNIOR INTERMEDIATE SENIOR NEW SOUTH WALES VICTORIA QUEENSLAND SOUTH AUSTRALIA WESTERN AUSTRALIA INFRASTRUCTURE MANAGER JUNIOR INTERMEDIATE SENIOR NEW SOUTH WALES VICTORIA QUEENSLAND SOUTH AUSTRALIA WESTERN AUSTRALIA
11 PERMANENT $000 per annum (incl. Super) IT MANAGER JUNIOR INTERMEDIATE SENIOR NEW SOUTH WALES VICTORIA QUEENSLAND SOUTH AUSTRALIA WESTERN AUSTRALIA IT VENDOR MANAGER/IT PROCUREMENT MANAGER JUNIOR INTERMEDIATE SENIOR NEW SOUTH WALES VICTORIA QUEENSLAND SOUTH AUSTRALIA WESTERN AUSTRALIA NETWORK INFRASTRUCTURE MANAGER JUNIOR INTERMEDIATE SENIOR NEW SOUTH WALES VICTORIA QUEENSLAND SOUTH AUSTRALIA WESTERN AUSTRALIA OUTSOURCING MANAGER JUNIOR INTERMEDIATE SENIOR NEW SOUTH WALES VICTORIA QUEENSLAND SOUTH AUSTRALIA WESTERN AUSTRALIA
12 PERMANENT $000 per annum (incl. Super) PRACTICE MANAGER JUNIOR INTERMEDIATE SENIOR NEW SOUTH WALES VICTORIA QUEENSLAND SOUTH AUSTRALIA WESTERN AUSTRALIA PROFESSIONAL SERVICES MANAGER JUNIOR INTERMEDIATE SENIOR NEW SOUTH WALES VICTORIA QUEENSLAND SOUTH AUSTRALIA WESTERN AUSTRALIA RELEASE MANAGER JUNIOR INTERMEDIATE SENIOR NEW SOUTH WALES VICTORIA QUEENSLAND SOUTH AUSTRALIA WESTERN AUSTRALIA
13 About Greythorn Greythorn is a market leading IT and Technology recruitment agency. Greythorn are specialists in the provision of sourcing niche technical and executive staff for Australia s leading organisations. We understand that the recruitment process can take longer for senior positions, and that career movements are not made lightly. Often recruitment at this level involves detailed search assignments or retained projects and the role is pivotal to the company s future success. Accordingly, only our more experienced consultants work on senior management and executive appointments; they are highly skilled at providing the level of confidentiality and professionalism required for these high profile roles. More Information: Latest IT Executive Jobs IT News via the Greythorn Blog Resume Writing Tips Interview Tips ADELAIDE T: E: adelaide@greythorn.com.au BRISBANE T: E: brisbane@greythorn.com.au CANBERRA T: E: canberra@greythorn.com.au MELBOURNE T: E: melbourne@greythorn.com.au PERTH T: E: perth@greythorn.com.au SYDNEY T: E: sydney@greythorn.com.au 13
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