Aust ICT salary increase hits seven-year low - News - Business

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This story was printed from ZDNet Australia.
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Aust ICT salary increase hits seven-year low

By James Pearce, ZDNet Australia
July 05, 2002
URL: http://www.zdnet.com.au/news/business/soa/Aust-ICT-salary-increase-hits-seven-year-low/0,139023166,120266465,00.htm

Increases in the salaries of ICT professionals have fallen below the national average for the first time since 1995, according to a recent survey released by the Australian Computer Society.

The survey, conducted by the Association of Professional Engineers, Scientists and Managers, Australia (APESMA), found that the average salaries paid to Information and Communication Technology (ICT) professionals rose by an average of four percent over the 12 months to May 2002, compared to a rise of 5.9 percent for the Average Weekly Earnings over the same period.

The increase in ICT salaries was also down from the previous year's increase of 5.1 percent, and is the lowest increase recorded since the survey was first conducted in 1995.

This result follows warnings that the financial problems in the US could have an adverse affect on the Australian job market.

The lowest paid jobs in the ICT sector were for teaching and training, with an average of AU$61,405.m The highest paid jobs were in general management (AU$160,782) and sales & marketing (AU$160,717). ICT professionals with COBOL skills attracted the highest pay rates, according to the survey.

The report also found that programmers and analysts typically had skills across a range of applications, with nearly two-thirds reporting skills in five languages.