Melbourne (Australia) 10 November 2015 – Australian tech jobs are seeing the highest average advertised salaries since March while the USA sees further declines, the October statistics from tech job analysts Gooroo reveal.
In the three months to October 2015, the average advertised salary of Australian tech positions has increased by 1.4%, 1.2% and 2.0% in August, September and October respectively. The average salary for tech professionals in Australia is now $104,301.
Conversely, the United States of America has seen a marked decline in average salaries since May this year, falling another 3.7% in October.
“It is certainly good news for the Australian tech industry,” says Gooroo CEO and Founder Greg Muller. “The lure for great tech talent to move overseas, particularly to areas like Silicon Valley, has been strong in recent years but this could be just the boost Australia needs to keep our talent onshore.”
Chart: Average tech salaries in US, UK, and Australia since April 2015
NB Monthly average salaries have been converted to USD for ease of comparison
Both the UK and USA had been facing similar downward salary pressures in recent months, however October has seen the average tech salary in Britain bounce back to an average of £46,570.
“It’s been great to see the UK recover to post a 5.3% jump this month on September’s average salary,” says Mr Muller. “It’s a return for the British tech industry to where they were earlier this year which is encouraging.”
In Australia, the demand for mobile skills has continued to see increased average salaries, rising another 1.4% in October to an average of $105,096, while infrastructure roles continue their rise from September by adding a further 2.3% to average $106,287.
“Software development roles have once again topped the average salaries in Australia averaging $109,026 which is a 2.4% turnaround from recent months where it has seen slight declines,” says Mr Muller. “Unfortunately the good news doesn’t extend to those in database technology roles where advertised salaries continued to fall a further 1.4% in October,” concluded Mr Muller.
October 2015 and previous monthly results can be found at: https://gooroo.io/analytics#.VkFeH7crLIU
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Gooroo (gooroo.io) is an online marketplace that uses big data analytics to transform how tech professionals find jobs and accelerate their career.
For employers, Gooroo is removing the complexity in finding tech talent; improving accuracy and speed, while dramatically reducing costs and risks.
Gooroo’s Tech Salary Index draws insights from over 8,000,000 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.
Gooroo has built a deep neural network of the international tech job 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.