5 September 2014 · Absolute IT
Auckland IT Trends
It’ s a worldwide trend that employees everywhere are demanding more than just a secure job, and the Auckland tech industry is no exception. Our latest Auckland IT Job Market report shows IT professionals in Auckland are wanting more than just a place to spend their 9-5, and they are in a bargaining position to ask for it. Money is more important than ever and the total salary package is becoming increasingly important to IT professionals when considering an IT job.
The Total Package
Not just a salary increase, but a ‘better salary package’ is the main motivator for 65% of Aucklanders considering moving elsewhere for an IT job. And it looks like the Auckland tech sector is listening, 51% of IT professionals receive additional benefits such as mobile phone allowances and carparks, alongside a whopping 34% receiving an average bonus of $6,000. IT employers are realising their most important assets are their staff, and it’s also their highest flight risk.
60% of Auckland IT professionals are also expecting a pay increase and there has been a significant shift in how much they’re expecting. Up 6% since 2013, 28% of Auckland IT professionals are expecting a pay increase of more than 4%.
The good news is Auckland IT employers have had an increase in confidence, with an additional 3% (up to 49%) planning to give staff/contractors a pay increase and only 5% ruling it out (down from 10%).
The old adage ‘work hard, play hard’ is still in existence, as 42% of IT professionals consider flexible working hours and a total work/life balance the top non-financial benefit when taking an IT job in Auckland.
Our latest report also illustrates upskilling is a strong value held by many Auckland IT professionals. 26% consider career development opportunities a deciding factor when taking an IT job. Which comes as no surprise in today’s fast paced world, where it’s imperative to stay ahead of the game, or at least keep up with the play.
Employer Confidence is up
75% of Auckland IT employers are also planning to recruit additional staff/contractors. The main reasons cited for this increase are ‘new projects’ (38%), followed closely by ‘increased customer demand’ – both slightly up on 2013 figures.
Auckland’s Tech Sector at a Glance
Auckland has a critical mass of IT talent, with 53% of New Zealand’s IT employees based here. Auckland has a vibrant IT sector with more than 6,700 companies, employing nearly 31,000 people and contributing $4 billion or 7.5% to the local GDP and 55%of New Zealand’s GDP. The sector has grown 80% in the past decade.
Auckland’s tertiary educators are leaders in developing talent for IT, engineering and related technologies, with more than 45,000 tertiary level enrolments in 2013.
IT Salary Data
Absolute IT’s ‘IT Salaries‘ site is a free community-based portal. The site is specifically for New Zealand IT Professionals to enable them to easily share salary intelligence and help ascertain what people in the NZ IT industry are really earning.