News & Analysis

The average Australian tech salary is set to increase over the next six months

- July 10, 2015 2 MIN READ

The end of the financial year saw a slow down in the decline of jobs in the IT sector, according to data from Melbourne-based tech career marketplace Gooroo.

The startup’s Tech Salary Index has analysed over 5.5 million advertised roles spanning software development, engineering, and analyst roles across Australia, USA, and the UK, to find that the number of jobs posted fell just 1 percent from May to June this year, with 26,850 jobs advertised.

Salaries went up 0.2 percent over the same period, reaching an average of $99,929. This comes after salaries peaked at $114,426 in December 2014, with Gooroo’s data predicting that salaries will increase slowly over the rest of the calendar year as companies release new budgets.

Greg Muller, CEO of Gooroo, said a similar trend was observed last year.

“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,” he said.

However, he said that the driving force behind the stability is not just financial.

“We’ve also seen mobile technology related skills record a 9 percent jump in salaries over the month of June. That’s indicative of a push from the market to hire great talent in the mobile development space.”

Gooroo found that the skills most in demand include iOS development, mobile design, and Windows Mobile developers, while big data and database development roles have also seen the smallest decline in salaries over the last year.

Infrastructure roles saw the biggest drop in salary over the last year, with the average salary recording a 13 percent drop year on year.

Gooroo, which has built an algorithm which works to match talent with jobs, collates roles, skills, and experience from members along with real time job data to evaluate trends and changes in demand for particular roles, salary ranges, and skills across different regions.

After closing a seed round of $1.24 million last December, the startup reports that it is close to commercialising its platform, and is currently looking for partners.