SALARY SURVEY 2013 - Robert Walters Singapore

MIDLANDSMIDLANDSINFORMATIONTECHNOLOGYMIDLANDSINFORMATIONTECHNOLOGYINFORMATIONTECHNOLOGYRobertWaltersGlobalSalarySurvey201359OurMidlandsITdivisionrecruitsITandtechnicalbusinessprofessionalsonbothapermanentandinterim/contractbasisatalllevelsofseniorityintothefinancialservicesandcommerceandindustrysectors.MarketOverviewTheITrecruitmentmarketremainedrelativelystablein2012,althoughwesawanincreaseinjoblevelsinthesecondhalfoftheyearasbusinessescommittedtoITprojectsthatwerebusinesscriticalandneededtobedelivered.Recruitmentcontinuedtobedrivenbyavarietyoffactors,rangingfrombusinesscriticalimplementationstoemployersmovingintonewmarkets,businessrestructuresandeven,insomecases,growth.However,strongITprofessionalsweretypicallyinshortsupplyacrosstheregion-thiswasparticularlythecaseinareassuchasdevelopmentandinfrastructure.Businessesgenerallysoughtcandidateswithahighleveloftechnicalexpertise,alongwithexposuretospecifictechnologies.Fewcandidateswiththeseskillswereproactivelylookingforanewjob,meaningaheadhuntapproachwastypicallyrequired.Inaddition,intensecompetitionfortalentmeantthemostindemandprofessionalstypicallyhadmorethanoneopportunitytoconsider.Becauseofthis,businessesneededtoofferhighratesplusenticingbenefitspackages(e.g.pension,holiday,bonusandhealthcare)and,ideally,jobsecurityinordertosecurethebestcandidates.Inaddition,manywerealsoattractedtoprojectsthatenabledthemtomakeanimpactonthebusiness.JAVAand.Netdeveloperswereespeciallyindemandduetospecificprojectsinthisarea.WithalackofprofessionalswiththeseskillsintheMidlands,employerswerewillingtopayapremiumforthesecandidates.Individualswitharound4ormoreyears’experiencewereabletodemandLondonpay,whileseniorJAVAdeveloperscouldcommandanannualsalaryof£60k.Wheretheyhaddifficultyrecruitingsufficientlyskilledlocaltalent,businessesinsteadsoughttoattractLondon-baseddeveloperswillingtorelocate.Therewasalsoanincreasednumberofbusinessintelligence(BI)andSAASopportunitiesasbusinessessoughtprofessionalswhowereabletoanalysedataandmodelsandidentifytrends.Thiswasparticularlyevidentwithinthefinancialservicesandbankingsector,wheredataandanalyticsexpertswereespeciallysought-after.Withongoingchangeprogrammesoccurringacrossthesector,ITspecialistscapableofimplementingtheseprogrammeswerealsoindemand.Afterremainingintheirexistingrolesandreceivinglittleinthewayofasalaryincreaseforasustainedperiodinmanycases,mostjobseekerswereactivelyseekingpayrises.Whilesomeprofessionalswithindemandskillsets(e.g.Javadevelopers)werereceivinguplifts,themajoritywerenotandexpectationstoreceiveapayrisewerenotalwaysrealistic.Outlookfor2013Duetothesignificantmomentumwitnessedattheendof2012,weremainoptimisticabouttheITjobsmarketin2013.Inparticular,weexpectthecontractmarkettobecomemorebuoyantin2013asnewyearbudgetsarereleasedandprojectsstarttobeimplemented.Elsewhere,weanticipatecontinueddemandforITprofessionalswithdevelopment,infrastructureandbusinessintelligenceexperience.