End of financial year also sees end of decline in IT job market, Gooroo stats reveal.


Melbourne (Australia) 9 July, 2015 – Tech career marketplace Gooroo, has released its June tech career and salary trend data and reveals a better end to the second half of the financial year than anticipated.

A downward trend in average salaries and demand for Australia’s tech talent over the past six months, has been again been stemmed by the end of the financial year.

“A similar trend was observed last year,” says Greg Muller, CEO and Founder of Gooroo. “We’ve seen a consistent fall in demand and salary since January this year, but with the end of financial year again comes some stability for the sector.”

June 2015 saw a drop of less than 1% in advertised jobs from May, with 26,850 opportunities posted across the country while salaries remained steady, up 0.2% from May to an average of $99,929.

After peaking in December 2014 at $114,426, the first half of 2015 had seen consistent drops of between 1.8% and 3.1% to fall more than 10% lower than the salaries being advertised in the corresponding period the year prior.

Gooroo’s trend data indicates that tech careers will generally see a slow climb in salaries for the remainder of the calendar year with the release of new budgets. According to Mr Muller though, the plateau hasn’t occurred based only on timing, but also on the back of increasing demand for particular skills.

“The driving force behind the stability is not just financial. We’ve also seen mobile technology related skills record a 9% jump in salaries over the month of June,” said Muller. “That’s indicative of a push from the market to hire great talent in the mobile development space.”

Mobile technology skills in demand included iOS development, mobile design, Appium and developers for Windows Mobile. Salaries for these skills increased 19% in the first half of the last financial year before falling slightly with the industry trend over the past 6 months.

Talent working in the field of Big Data and database development have seen the smallest decline in salaries, falling just 6% over the past year.

As more businesses move to cloud operations and large data centres however, Infrastructure experts are being left behind with average salaries recording a 13% drop year on year.

The June 2015 and previous monthly results can be found at: https://gooroo.io/tech-salary-index  

 

All media enquiries
Diane Frick
VP Sales & Marketing
diane@gooroo.io
m: +61 404 477 370 
t:   @gooroo_io

About Gooroo

Gooroo (gooroo.io) is building an online marketplace to accurately matches IT professionals to jobs and training.

For employers, Gooroo is removing the complexity in finding tech talent; improving accuracy and speed, while dramatically reducing costs and risks.

Based in Melbourne, Australia, Gooroo is close to commercialisation of its job matching platform and is currently seeking partners to support the next phase of its product development and market growth objectives.

Gooroo’s Tech Salary Index draws insights from over 5,500,000 advertised software development, engineering, and technology analyst roles across Australia, USA, and Great Britain, and from individual members of the Gooroo community, adding 500,000 each month.

The Company has built a neural network based model of the international IT jobs market which itself is being trained using deep matching learning techniques to create accurate matches of people to jobs and careers. This is being done on multiple dimensions that are important to talent and employers.

Gooroo uses advanced people analytics to find the relationships between tech skills, careers, salaries, experience levels and regions. This data delivers a reliable benchmark of demand and salary trends across hundreds of IT skills. Tech talent can currently use Gooroo for free to access insights and tools customised to their own skills and career ambitions. 

Comments (1)

  1. OzBob says:

    Thanks for the link Esther, I've joined and read their report.

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