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Are IT Salaries on the Rise?

IT Salary increase Working in IT has long been recognised as a means of earning a decent income. But recent shifts in the market have led to an increase in average salary across a wide range of IT roles and there is evidence to suggest this trend could continue. It may be an obvious thing to point out, that technology advancements coupled with years of underinvestment are driving business change in the UK. The growth and innovation that has come from this change however is prompting the need for additional IT talent across multiple sectors. Investments are being made to expand and galvanise infrastructures, with budgets extending to enable systems implementations, network upgrades and new security initiatives. In a bid to meet these more demanding in-house IT requirements, recruitment levels for technology professionals are at an all-time high across almost every industry and sector. Another element of change comes with the shift towards more permanent and well-paid positions; accounting for on going projects and initiatives, as well as continual IT risk security and domestic expansion. Further to this, is the growing number of businesses looking to nearshore or reshore their IT functions back into Europe and the UK. The result of all this appears to be that technology professionals are in strong demand and short supply, thus putting the ball firmly in the candidate’s court. According to Computerworld’s 2015 IT Salary Survey of IT professionals in the US, 74% of participants named an increase in salary as the biggest influential factor in changing their job. The survey also revealed that 64% had received an internal pay rise in the last year. These internal pay rises set against the increased average salaries hint at employers getting savvy to the wants and needs of IT pros who are, at the present moment, sitting rather pretty. The only thing that technology buffs need to be aware of is that all of this is only applicable to the top talent. So if they are to really cash in, they must be at the top of their game and able to demonstrate the skills and technical expertise that companies are so desperately looking for. If this is you and you want to find out more about what jobs are on offer, as well as reviewing your current salary, simply speak with one of our trained consultants or check our website for details.