20 May 2014 · Absolute IT
Wellington has been dubbed the High Tech Capital of New Zealand
With the growing number of tech companies based in Wellington cracking the global market (and gaining the PR exposure to prove it), it’s no wonder Wellington has been dubbed the High Tech Capital of New Zealand. In late 2013, Xero became the poster child of the Wellington tech scene, announcing a US$150m investment, and beginning its expansion to a newly painted and branded building across the road from its Market Lane Headquarters. The High Tech Capital has been growing, developing and making its mark for many years. Sharing a building with Xero HQ (and currently supporting the construction industry with a big expansion) is Trademe, the tech start-up that has become integral to just about every Kiwi’s life, and has made Sam Morgan a household name. It’s not just the big names or the consumer facing websites that are making an impact on the Wellington IT recruitment scene, however. The 2013 Deloitte Technology Fast 500 Asia Pacific index ranks the top 500 tech businesses according to their revenue growth over the past three years. Wellington contributes 16 of the 40 New Zealand companies, four of which are in the top 100:
Why Wellington for IT Jobs?
Grow Wellington, the agency appointed to enact the Wellington Regional Strategy directives on economic growth, has been tasked with finding out just that. Their answer to that question has been dubbed the ‘20% advantage’ – on average, office rentals, wage costs and living costs are 20% lower, and the living standards in Wellington contribute to people being 20% happier. With a population of 449,500 in a 2,120km2 region, the average commute to work is only 5km, and the average house price is $445,899.
And the facilities? With 751 cafes and restaurants (that’s more per capita than New York), 98.9kms of coastline, 363kms of mountain bike and walking tracks, 103 parks and playgrounds and 64,000 workers playing sport at lunchtime, it’s no wonder Wellingtonians new and old love living there. Wellington is a hive of culture, diversity, events, and music, and has a thriving creative scene. In the IT sector, location is becoming increasingly irrelevant to a company’s ability to carry out its operations, and to thrive internationally. Businesses big and small are in a better position than ever to choose where they want to be.
Generally, there are two key factors that influence this choice:
- Living standards; and
- Access to talent
With a fantastic living environment, it’s no wonder Wellington is a top target for tech companies. As far as IT recruitment goes, Wellington has been a major focus for the rapidly growing tech scene. Wellington has the most educated workforce in New Zealand, with 30% being tertiary qualified, compared to the national average of 15%. There’s a lower staff turnover than Auckland, and 47% of the workforce is employed in knowledge intensive industries, compared to the national average of 33% (Statistics NZ).
How does this impact on IT Recruitment Trends?
With so many IT companies growing and developing in Wellington, there are a huge amount of IT jobs in Wellington. Our recent Wellington Market Insight Report highlighted a number of trends that support Grow Wellington’s findings:
- 86% of those currently in IT jobs in Wellington consider their current workplace a good place to work
- They are 10% less likely to consider moving overseas than Auckland IT professionals
- 70% of employers were planning to recruit additional staff or contractors over the next year
Find an IT job in Wellington
We’re adding new jobs every day – browse our Wellington IT job listings to see who’s currently recruiting in the High Tech Capital. At Absolute IT, getting more IT professionals into jobs is one of our top priorities. IT recruitment in Wellington (and the rest of New Zealand) is our specialty. If you’re considering moving to Wellington, or simply looking for an IT job that contributes to a better living standards, we’d be happy to chat. You can contact us any time on 0800 29 89 99 or firstname.lastname@example.org.