SlideShare a Scribd company logo
1 of 5
Download to read offline
1
ICT Trends – Rewarding Career
Supply and Demand
A quick glance at this month’s Seek ICT job advert figure (Fig.1) indicates a 5 percent drop on the
March figure of 2065, and represents a decline of 4.3 percent on this time last year. The NZ Ministry
of Business, Innovation and Employment (MBIE) jobs online monthly report for March 2016 states
that while the all vacancies index increased by 0.7 percent, IT increased by just 0.1 percent over the
month, 16 February to 16 March. Over the year to March, job vacancies increased in all of the
industry groups, up 7.9 percent, while IT vacancies fell by 4.1 per cent.
One might be forgiven for assuming, based on these recent trends that the demand for ICT skills is
starting to cool off – quite the opposite according to a number of articles posted over the last
month, especially in relation to remuneration rates.
New Zealand
A NZ Herald article with the headline: “How much is your degree worth?” Big bucks for the right
graduates”, has revealed new data indicating how much graduates are earning up to nine years after
gaining their degree. Graduates, who study engineering and information technology, and health-
related degrees, are among those who can expect the most financial pay-off. The spread of earnings
sees bachelor graduates in information systems in the upper quartile earning $95,766 in year nine –
a very attractive remuneration proposition!
Australia
A survey of CIOs, conducted by the recruitment firm Robert Half, reveals that a growing supply and
demand imbalance for specialised and hard-to-fill IT roles is going to drive a rise in starting salaries.
The IT industry is in the middle of a five year growth cycle, as projected by the Australian
Government, with an anticipated 14.2 percent increase in the demand for IT appointments over this
period.
The five top IT jobs, according to Robert Half, are Business Intelligence Developers, Infrastructure
Managers, ERP Functional Consultant/CRM Consultants, Enterprise Architects and (IT) Project
Managers.
Table 1 indicates the current demand in NZ, based on the Robert Half defined Australian top five job
categories, together with indicative salaries.
Australia Top 5 IT Jobs
(Based on a Survey by Robert Half)
NZ Current Seek ICT
Job Ads - April 2016
Indicative Salary
Hudson ICT Salary
Tables 2015
Business Intelligence Developers 29 $90k to $140k
Infrastructure Managers 123 $80k to $120
ERP Functional Consultant/CRM Consultants 3/33 $90k to $120k
Enterprise Architects 87 $120k to $170k
Project Managers (Intermediate to senior level) 380 $80k to $170k
Table 1 NZ Demand for IT Jobs based on the Category of ‘Australian Top 5 IT Jobs’
USA
An IT News item, featuring the headline ‘Why Data Scientist is the Hottest Tech Job in Retail’ refers
to data scientists as ‘unicorns’ because they are so hard to find. With big data now permeating every
industry, it’s a job that requires the right people to extract knowledge and insights. Acquiring
advanced predictive analytics, based on the collection, management and analysis of supply chain
data, helps executives make more intuitive, accurate and reliable decisions.
The retail industry is experiencing a shortfall of suitably qualified applicants for these positions with
McKinsey projecting a 40 to 60 percent shortfall by 2018. One of the main reasons for the predicted
2
shortfall is that universities have been slow to develop programmes that address the issue. It helps
to explain why finding the right people in this specialised area is proving challenging and salary
demands are increasing.
There are currently five jobs advertised for Data Scientists on Seek ICT with an indicative salary of
$100k plus.
A detailed account of the NZ ICT job advert trends follows.
Current Job Adverts
The total number of Seek ICT Job adverts for April 2016 is 1960, which is down by 4.3 percent on
April 2015 (Fig.1) and represents a decline of 5 percent on last month’s figure of 2065. This decrease
reflects a similar trend that occurred at the same time last year (End of the financial year?). Next
month Seek ICT job adverts should increase by between 10 and 15 percent if the similarity in yearly
trends continues.
Fig.1 Seek ICT Job Adverts Monthly Trends 2010 – 2016 (April)
While the number of Trademe IT job adverts for April (Fig.2) is down by 4 percent on the same time
last year, the April figure represents an increase of 7.5 percent on last month, in contrast with the
Seek ICT job advert decline of 5 percent.
3
Fig.2 Seek ICT & Trademe IT Job Advert Trends to April 2016
The Wellington region leads a downward trend in Seek ICT job adverts for this month, down 13
percent, with Waikato bucking the trend, up 8 percent (Fig.3).
Fig.3 Seek ICT Job Advert Trends Monthly Change for March - April 2016
Figure 4 provides a detailed record of the Seek ICT job advert trends by region for the year to date.
4
Fig.4 Seek ICT Job Advert Monthly Trends to April 2016
Conclusion
In spite of a recent downward trend for Seek ICT job adverts, and as recorded by the MBIE jobs
online monthly reports, a number of topical articles published online locally, and from around the
globe, portray a vibrant and growing industry.
A mounting shortage of ICT specialists, including Data Scientists, Project Managers, and IT Security
Professionals (Refer ICT Trends: Contrasts in Demand) is driving global increases in remuneration, as
evidenced in recent survey reports.
Predicted world-wide growth in demand, coupled with falling numbers of ICT tertiary qualified
graduates, helps underpin the NZ Herald March headline; “How much is your degree worth?”; Big
bucks for the right graduates”.
Increases in demand and shortages of supply will continue to provide a challenge to everyone with a
vested interest in the growth and health of the ICT industry.
News Bytes: A to Z
Australia – ITWire: IT salary increases on the horizon says recruitment firm
Growing supply and demand imbalance for specialised & hard-to-fill IT roles will drive rise in starting
salaries
Europe – Channelnomics: New Europe-wide industry standard could 'help tackle ICT skills gap'
The e-CF is the ideal tool to help tackle Europe's alarming ICT skills gap.
NZ – NZ Herald: How much is your degree worth; big bucks for graduates
Studying information technology provides graduates with pay-off.
NZ – MBIE: Latest Jobs Online Report (March 2016)
ICT down 4.1% for the year to March; up 0.1% February to March.
NZ – MBIE Labour Market Reports: Short term employment forecasts 2016 to 2019
Demand for ICT Network & Support professionals forecast to grow by 4.3% from 2016 to 2019.
NZ – Scoop Education: SAP launches Young ICT Explorers programme in NZ
The skills shortage in the NZ ICT industry is an ongoing challenge. Young ICT Explorers programme
addresses two
5
SA – Disrupt: South African entrepreneurs should stay at home and solve real challenges
Coding school launched in South Africa in bid to tackle youth unemployment & answer the ICT skills
shortage.
UK – Engineering & Technology Magazine: Preparing students for STEM careers
Sheffield Hallam University has secured a £50,000 grant from Alcoa Foundation to deliver a STEM
skills development programme to more than 300 young people and students.
USA – ComputerWorld: IT Salary Survey 2016: Highlights
For the eighth year running, app dev has topped the list of skills in hiring demand.
USA – ComputerWorld: IT Salary Watch
In 2016, a typical App dev can expect to earn an average compensation of $91,092.
USA – IT News: Why Data Scientist is the hottest tech job in retail
They have been called “unicorns,” because they are so hard to find- “sexiest job of the 21th
century.”
USA – NetworkWorld: So, you want to be a security pro? Read this first
According to DICE, the number of security jobs skyrocketed by more than 40% from 2014 to 2015, to
50,000 openings.
USA – TechRepublic: As IT job market tightens again, companies look to training rather than hiring to
fill gaps
With fast changing technology there are more unfilled technology positions than at any time since
2000.

More Related Content

More from Garry Roberton

ICT Trends Article March 2016: Contrasts in Demand
ICT Trends Article March 2016: Contrasts in DemandICT Trends Article March 2016: Contrasts in Demand
ICT Trends Article March 2016: Contrasts in DemandGarry Roberton
 
ICT Trends Article - Big Data - October 2015
ICT Trends Article - Big Data - October 2015ICT Trends Article - Big Data - October 2015
ICT Trends Article - Big Data - October 2015Garry Roberton
 
ICT Trends Article October 2014 - Tomorrow's Innovators
ICT Trends Article October 2014 - Tomorrow's InnovatorsICT Trends Article October 2014 - Tomorrow's Innovators
ICT Trends Article October 2014 - Tomorrow's InnovatorsGarry Roberton
 
ICT Trends Article August 2014: The Gender Quotient
ICT Trends Article August 2014: The Gender QuotientICT Trends Article August 2014: The Gender Quotient
ICT Trends Article August 2014: The Gender QuotientGarry Roberton
 
ICT Trends Article July 2014: Cloud Computing
ICT Trends Article July 2014: Cloud ComputingICT Trends Article July 2014: Cloud Computing
ICT Trends Article July 2014: Cloud ComputingGarry Roberton
 
ICT Trends Article June 2014: Fresh Developments
ICT Trends Article June 2014: Fresh DevelopmentsICT Trends Article June 2014: Fresh Developments
ICT Trends Article June 2014: Fresh DevelopmentsGarry Roberton
 
ICT Trends - NZ Salary Report April 2014
ICT Trends - NZ Salary Report April 2014ICT Trends - NZ Salary Report April 2014
ICT Trends - NZ Salary Report April 2014Garry Roberton
 
ICT trends article November 2013
ICT trends article November 2013ICT trends article November 2013
ICT trends article November 2013Garry Roberton
 
Ict trends article september 2013
Ict trends article september 2013Ict trends article september 2013
Ict trends article september 2013Garry Roberton
 
Ict trends article august 2013
Ict trends article august 2013Ict trends article august 2013
Ict trends article august 2013Garry Roberton
 
Ict trends article july 2013
Ict trends article july 2013Ict trends article july 2013
Ict trends article july 2013Garry Roberton
 
Ict trends article may 2013
Ict trends article may 2013Ict trends article may 2013
Ict trends article may 2013Garry Roberton
 
Ict education & job trends december 2012
Ict education  & job trends december 2012Ict education  & job trends december 2012
Ict education & job trends december 2012Garry Roberton
 
Ict education & job trends november 2012
Ict education  & job trends november 2012Ict education  & job trends november 2012
Ict education & job trends november 2012Garry Roberton
 
Ict education & job trends october 2012
Ict education  & job trends october 2012Ict education  & job trends october 2012
Ict education & job trends october 2012Garry Roberton
 
Ict education & job trends september 2012
Ict education  & job trends september 2012Ict education  & job trends september 2012
Ict education & job trends september 2012Garry Roberton
 
Ict education & job trends august 2012
Ict education  & job trends august 2012Ict education  & job trends august 2012
Ict education & job trends august 2012Garry Roberton
 
Ict education & job trends july 2012
Ict education  & job trends july 2012Ict education  & job trends july 2012
Ict education & job trends july 2012Garry Roberton
 
Ict education-&-job-trends-june-2012
Ict education-&-job-trends-june-2012Ict education-&-job-trends-june-2012
Ict education-&-job-trends-june-2012Garry Roberton
 
Ict education & job trends may 2012
Ict education  & job trends may 2012Ict education  & job trends may 2012
Ict education & job trends may 2012Garry Roberton
 

More from Garry Roberton (20)

ICT Trends Article March 2016: Contrasts in Demand
ICT Trends Article March 2016: Contrasts in DemandICT Trends Article March 2016: Contrasts in Demand
ICT Trends Article March 2016: Contrasts in Demand
 
ICT Trends Article - Big Data - October 2015
ICT Trends Article - Big Data - October 2015ICT Trends Article - Big Data - October 2015
ICT Trends Article - Big Data - October 2015
 
ICT Trends Article October 2014 - Tomorrow's Innovators
ICT Trends Article October 2014 - Tomorrow's InnovatorsICT Trends Article October 2014 - Tomorrow's Innovators
ICT Trends Article October 2014 - Tomorrow's Innovators
 
ICT Trends Article August 2014: The Gender Quotient
ICT Trends Article August 2014: The Gender QuotientICT Trends Article August 2014: The Gender Quotient
ICT Trends Article August 2014: The Gender Quotient
 
ICT Trends Article July 2014: Cloud Computing
ICT Trends Article July 2014: Cloud ComputingICT Trends Article July 2014: Cloud Computing
ICT Trends Article July 2014: Cloud Computing
 
ICT Trends Article June 2014: Fresh Developments
ICT Trends Article June 2014: Fresh DevelopmentsICT Trends Article June 2014: Fresh Developments
ICT Trends Article June 2014: Fresh Developments
 
ICT Trends - NZ Salary Report April 2014
ICT Trends - NZ Salary Report April 2014ICT Trends - NZ Salary Report April 2014
ICT Trends - NZ Salary Report April 2014
 
ICT trends article November 2013
ICT trends article November 2013ICT trends article November 2013
ICT trends article November 2013
 
Ict trends article september 2013
Ict trends article september 2013Ict trends article september 2013
Ict trends article september 2013
 
Ict trends article august 2013
Ict trends article august 2013Ict trends article august 2013
Ict trends article august 2013
 
Ict trends article july 2013
Ict trends article july 2013Ict trends article july 2013
Ict trends article july 2013
 
Ict trends article may 2013
Ict trends article may 2013Ict trends article may 2013
Ict trends article may 2013
 
Ict education & job trends december 2012
Ict education  & job trends december 2012Ict education  & job trends december 2012
Ict education & job trends december 2012
 
Ict education & job trends november 2012
Ict education  & job trends november 2012Ict education  & job trends november 2012
Ict education & job trends november 2012
 
Ict education & job trends october 2012
Ict education  & job trends october 2012Ict education  & job trends october 2012
Ict education & job trends october 2012
 
Ict education & job trends september 2012
Ict education  & job trends september 2012Ict education  & job trends september 2012
Ict education & job trends september 2012
 
Ict education & job trends august 2012
Ict education  & job trends august 2012Ict education  & job trends august 2012
Ict education & job trends august 2012
 
Ict education & job trends july 2012
Ict education  & job trends july 2012Ict education  & job trends july 2012
Ict education & job trends july 2012
 
Ict education-&-job-trends-june-2012
Ict education-&-job-trends-june-2012Ict education-&-job-trends-june-2012
Ict education-&-job-trends-june-2012
 
Ict education & job trends may 2012
Ict education  & job trends may 2012Ict education  & job trends may 2012
Ict education & job trends may 2012
 

Recently uploaded

FULL ENJOY Call Girls In Mahipalpur Delhi Contact Us 8377877756
FULL ENJOY Call Girls In Mahipalpur Delhi Contact Us 8377877756FULL ENJOY Call Girls In Mahipalpur Delhi Contact Us 8377877756
FULL ENJOY Call Girls In Mahipalpur Delhi Contact Us 8377877756dollysharma2066
 
Call Girls In Noida 959961⊹3876 Independent Escort Service Noida
Call Girls In Noida 959961⊹3876 Independent Escort Service NoidaCall Girls In Noida 959961⊹3876 Independent Escort Service Noida
Call Girls In Noida 959961⊹3876 Independent Escort Service Noidadlhescort
 
Famous Olympic Siblings from the 21st Century
Famous Olympic Siblings from the 21st CenturyFamous Olympic Siblings from the 21st Century
Famous Olympic Siblings from the 21st Centuryrwgiffor
 
Call Girls In Majnu Ka Tilla 959961~3876 Shot 2000 Night 8000
Call Girls In Majnu Ka Tilla 959961~3876 Shot 2000 Night 8000Call Girls In Majnu Ka Tilla 959961~3876 Shot 2000 Night 8000
Call Girls In Majnu Ka Tilla 959961~3876 Shot 2000 Night 8000dlhescort
 
Call Girls Electronic City Just Call 👗 7737669865 👗 Top Class Call Girl Servi...
Call Girls Electronic City Just Call 👗 7737669865 👗 Top Class Call Girl Servi...Call Girls Electronic City Just Call 👗 7737669865 👗 Top Class Call Girl Servi...
Call Girls Electronic City Just Call 👗 7737669865 👗 Top Class Call Girl Servi...amitlee9823
 
Cracking the Cultural Competence Code.pptx
Cracking the Cultural Competence Code.pptxCracking the Cultural Competence Code.pptx
Cracking the Cultural Competence Code.pptxWorkforce Group
 
Call Girls Zirakpur👧 Book Now📱7837612180 📞👉Call Girl Service In Zirakpur No A...
Call Girls Zirakpur👧 Book Now📱7837612180 📞👉Call Girl Service In Zirakpur No A...Call Girls Zirakpur👧 Book Now📱7837612180 📞👉Call Girl Service In Zirakpur No A...
Call Girls Zirakpur👧 Book Now📱7837612180 📞👉Call Girl Service In Zirakpur No A...Sheetaleventcompany
 
Marel Q1 2024 Investor Presentation from May 8, 2024
Marel Q1 2024 Investor Presentation from May 8, 2024Marel Q1 2024 Investor Presentation from May 8, 2024
Marel Q1 2024 Investor Presentation from May 8, 2024Marel
 
Quick Doctor In Kuwait +2773`7758`557 Kuwait Doha Qatar Dubai Abu Dhabi Sharj...
Quick Doctor In Kuwait +2773`7758`557 Kuwait Doha Qatar Dubai Abu Dhabi Sharj...Quick Doctor In Kuwait +2773`7758`557 Kuwait Doha Qatar Dubai Abu Dhabi Sharj...
Quick Doctor In Kuwait +2773`7758`557 Kuwait Doha Qatar Dubai Abu Dhabi Sharj...daisycvs
 
Eluru Call Girls Service ☎ ️93326-06886 ❤️‍🔥 Enjoy 24/7 Escort Service
Eluru Call Girls Service ☎ ️93326-06886 ❤️‍🔥 Enjoy 24/7 Escort ServiceEluru Call Girls Service ☎ ️93326-06886 ❤️‍🔥 Enjoy 24/7 Escort Service
Eluru Call Girls Service ☎ ️93326-06886 ❤️‍🔥 Enjoy 24/7 Escort ServiceDamini Dixit
 
Falcon Invoice Discounting: The best investment platform in india for investors
Falcon Invoice Discounting: The best investment platform in india for investorsFalcon Invoice Discounting: The best investment platform in india for investors
Falcon Invoice Discounting: The best investment platform in india for investorsFalcon Invoice Discounting
 
JAYNAGAR CALL GIRL IN 98274*61493 ❤CALL GIRLS IN ESCORT SERVICE❤CALL GIRL
JAYNAGAR CALL GIRL IN 98274*61493 ❤CALL GIRLS IN ESCORT SERVICE❤CALL GIRLJAYNAGAR CALL GIRL IN 98274*61493 ❤CALL GIRLS IN ESCORT SERVICE❤CALL GIRL
JAYNAGAR CALL GIRL IN 98274*61493 ❤CALL GIRLS IN ESCORT SERVICE❤CALL GIRLkapoorjyoti4444
 
Call Girls Hebbal Just Call 👗 7737669865 👗 Top Class Call Girl Service Bangalore
Call Girls Hebbal Just Call 👗 7737669865 👗 Top Class Call Girl Service BangaloreCall Girls Hebbal Just Call 👗 7737669865 👗 Top Class Call Girl Service Bangalore
Call Girls Hebbal Just Call 👗 7737669865 👗 Top Class Call Girl Service Bangaloreamitlee9823
 
SEO Case Study: How I Increased SEO Traffic & Ranking by 50-60% in 6 Months
SEO Case Study: How I Increased SEO Traffic & Ranking by 50-60%  in 6 MonthsSEO Case Study: How I Increased SEO Traffic & Ranking by 50-60%  in 6 Months
SEO Case Study: How I Increased SEO Traffic & Ranking by 50-60% in 6 MonthsIndeedSEO
 
Malegaon Call Girls Service ☎ ️82500–77686 ☎️ Enjoy 24/7 Escort Service
Malegaon Call Girls Service ☎ ️82500–77686 ☎️ Enjoy 24/7 Escort ServiceMalegaon Call Girls Service ☎ ️82500–77686 ☎️ Enjoy 24/7 Escort Service
Malegaon Call Girls Service ☎ ️82500–77686 ☎️ Enjoy 24/7 Escort ServiceDamini Dixit
 
Nelamangala Call Girls: 🍓 7737669865 🍓 High Profile Model Escorts | Bangalore...
Nelamangala Call Girls: 🍓 7737669865 🍓 High Profile Model Escorts | Bangalore...Nelamangala Call Girls: 🍓 7737669865 🍓 High Profile Model Escorts | Bangalore...
Nelamangala Call Girls: 🍓 7737669865 🍓 High Profile Model Escorts | Bangalore...amitlee9823
 
RSA Conference Exhibitor List 2024 - Exhibitors Data
RSA Conference Exhibitor List 2024 - Exhibitors DataRSA Conference Exhibitor List 2024 - Exhibitors Data
RSA Conference Exhibitor List 2024 - Exhibitors DataExhibitors Data
 
The Path to Product Excellence: Avoiding Common Pitfalls and Enhancing Commun...
The Path to Product Excellence: Avoiding Common Pitfalls and Enhancing Commun...The Path to Product Excellence: Avoiding Common Pitfalls and Enhancing Commun...
The Path to Product Excellence: Avoiding Common Pitfalls and Enhancing Commun...Aggregage
 
Cheap Rate Call Girls In Noida Sector 62 Metro 959961乂3876
Cheap Rate Call Girls In Noida Sector 62 Metro 959961乂3876Cheap Rate Call Girls In Noida Sector 62 Metro 959961乂3876
Cheap Rate Call Girls In Noida Sector 62 Metro 959961乂3876dlhescort
 

Recently uploaded (20)

FULL ENJOY Call Girls In Mahipalpur Delhi Contact Us 8377877756
FULL ENJOY Call Girls In Mahipalpur Delhi Contact Us 8377877756FULL ENJOY Call Girls In Mahipalpur Delhi Contact Us 8377877756
FULL ENJOY Call Girls In Mahipalpur Delhi Contact Us 8377877756
 
Call Girls In Noida 959961⊹3876 Independent Escort Service Noida
Call Girls In Noida 959961⊹3876 Independent Escort Service NoidaCall Girls In Noida 959961⊹3876 Independent Escort Service Noida
Call Girls In Noida 959961⊹3876 Independent Escort Service Noida
 
Famous Olympic Siblings from the 21st Century
Famous Olympic Siblings from the 21st CenturyFamous Olympic Siblings from the 21st Century
Famous Olympic Siblings from the 21st Century
 
Call Girls In Majnu Ka Tilla 959961~3876 Shot 2000 Night 8000
Call Girls In Majnu Ka Tilla 959961~3876 Shot 2000 Night 8000Call Girls In Majnu Ka Tilla 959961~3876 Shot 2000 Night 8000
Call Girls In Majnu Ka Tilla 959961~3876 Shot 2000 Night 8000
 
Call Girls Electronic City Just Call 👗 7737669865 👗 Top Class Call Girl Servi...
Call Girls Electronic City Just Call 👗 7737669865 👗 Top Class Call Girl Servi...Call Girls Electronic City Just Call 👗 7737669865 👗 Top Class Call Girl Servi...
Call Girls Electronic City Just Call 👗 7737669865 👗 Top Class Call Girl Servi...
 
Cracking the Cultural Competence Code.pptx
Cracking the Cultural Competence Code.pptxCracking the Cultural Competence Code.pptx
Cracking the Cultural Competence Code.pptx
 
Call Girls Zirakpur👧 Book Now📱7837612180 📞👉Call Girl Service In Zirakpur No A...
Call Girls Zirakpur👧 Book Now📱7837612180 📞👉Call Girl Service In Zirakpur No A...Call Girls Zirakpur👧 Book Now📱7837612180 📞👉Call Girl Service In Zirakpur No A...
Call Girls Zirakpur👧 Book Now📱7837612180 📞👉Call Girl Service In Zirakpur No A...
 
Marel Q1 2024 Investor Presentation from May 8, 2024
Marel Q1 2024 Investor Presentation from May 8, 2024Marel Q1 2024 Investor Presentation from May 8, 2024
Marel Q1 2024 Investor Presentation from May 8, 2024
 
Quick Doctor In Kuwait +2773`7758`557 Kuwait Doha Qatar Dubai Abu Dhabi Sharj...
Quick Doctor In Kuwait +2773`7758`557 Kuwait Doha Qatar Dubai Abu Dhabi Sharj...Quick Doctor In Kuwait +2773`7758`557 Kuwait Doha Qatar Dubai Abu Dhabi Sharj...
Quick Doctor In Kuwait +2773`7758`557 Kuwait Doha Qatar Dubai Abu Dhabi Sharj...
 
Eluru Call Girls Service ☎ ️93326-06886 ❤️‍🔥 Enjoy 24/7 Escort Service
Eluru Call Girls Service ☎ ️93326-06886 ❤️‍🔥 Enjoy 24/7 Escort ServiceEluru Call Girls Service ☎ ️93326-06886 ❤️‍🔥 Enjoy 24/7 Escort Service
Eluru Call Girls Service ☎ ️93326-06886 ❤️‍🔥 Enjoy 24/7 Escort Service
 
Falcon Invoice Discounting: The best investment platform in india for investors
Falcon Invoice Discounting: The best investment platform in india for investorsFalcon Invoice Discounting: The best investment platform in india for investors
Falcon Invoice Discounting: The best investment platform in india for investors
 
JAYNAGAR CALL GIRL IN 98274*61493 ❤CALL GIRLS IN ESCORT SERVICE❤CALL GIRL
JAYNAGAR CALL GIRL IN 98274*61493 ❤CALL GIRLS IN ESCORT SERVICE❤CALL GIRLJAYNAGAR CALL GIRL IN 98274*61493 ❤CALL GIRLS IN ESCORT SERVICE❤CALL GIRL
JAYNAGAR CALL GIRL IN 98274*61493 ❤CALL GIRLS IN ESCORT SERVICE❤CALL GIRL
 
Call Girls Hebbal Just Call 👗 7737669865 👗 Top Class Call Girl Service Bangalore
Call Girls Hebbal Just Call 👗 7737669865 👗 Top Class Call Girl Service BangaloreCall Girls Hebbal Just Call 👗 7737669865 👗 Top Class Call Girl Service Bangalore
Call Girls Hebbal Just Call 👗 7737669865 👗 Top Class Call Girl Service Bangalore
 
SEO Case Study: How I Increased SEO Traffic & Ranking by 50-60% in 6 Months
SEO Case Study: How I Increased SEO Traffic & Ranking by 50-60%  in 6 MonthsSEO Case Study: How I Increased SEO Traffic & Ranking by 50-60%  in 6 Months
SEO Case Study: How I Increased SEO Traffic & Ranking by 50-60% in 6 Months
 
Malegaon Call Girls Service ☎ ️82500–77686 ☎️ Enjoy 24/7 Escort Service
Malegaon Call Girls Service ☎ ️82500–77686 ☎️ Enjoy 24/7 Escort ServiceMalegaon Call Girls Service ☎ ️82500–77686 ☎️ Enjoy 24/7 Escort Service
Malegaon Call Girls Service ☎ ️82500–77686 ☎️ Enjoy 24/7 Escort Service
 
Falcon Invoice Discounting platform in india
Falcon Invoice Discounting platform in indiaFalcon Invoice Discounting platform in india
Falcon Invoice Discounting platform in india
 
Nelamangala Call Girls: 🍓 7737669865 🍓 High Profile Model Escorts | Bangalore...
Nelamangala Call Girls: 🍓 7737669865 🍓 High Profile Model Escorts | Bangalore...Nelamangala Call Girls: 🍓 7737669865 🍓 High Profile Model Escorts | Bangalore...
Nelamangala Call Girls: 🍓 7737669865 🍓 High Profile Model Escorts | Bangalore...
 
RSA Conference Exhibitor List 2024 - Exhibitors Data
RSA Conference Exhibitor List 2024 - Exhibitors DataRSA Conference Exhibitor List 2024 - Exhibitors Data
RSA Conference Exhibitor List 2024 - Exhibitors Data
 
The Path to Product Excellence: Avoiding Common Pitfalls and Enhancing Commun...
The Path to Product Excellence: Avoiding Common Pitfalls and Enhancing Commun...The Path to Product Excellence: Avoiding Common Pitfalls and Enhancing Commun...
The Path to Product Excellence: Avoiding Common Pitfalls and Enhancing Commun...
 
Cheap Rate Call Girls In Noida Sector 62 Metro 959961乂3876
Cheap Rate Call Girls In Noida Sector 62 Metro 959961乂3876Cheap Rate Call Girls In Noida Sector 62 Metro 959961乂3876
Cheap Rate Call Girls In Noida Sector 62 Metro 959961乂3876
 

ICT Trends Article April 2016: Rewarding Career

  • 1. 1 ICT Trends – Rewarding Career Supply and Demand A quick glance at this month’s Seek ICT job advert figure (Fig.1) indicates a 5 percent drop on the March figure of 2065, and represents a decline of 4.3 percent on this time last year. The NZ Ministry of Business, Innovation and Employment (MBIE) jobs online monthly report for March 2016 states that while the all vacancies index increased by 0.7 percent, IT increased by just 0.1 percent over the month, 16 February to 16 March. Over the year to March, job vacancies increased in all of the industry groups, up 7.9 percent, while IT vacancies fell by 4.1 per cent. One might be forgiven for assuming, based on these recent trends that the demand for ICT skills is starting to cool off – quite the opposite according to a number of articles posted over the last month, especially in relation to remuneration rates. New Zealand A NZ Herald article with the headline: “How much is your degree worth?” Big bucks for the right graduates”, has revealed new data indicating how much graduates are earning up to nine years after gaining their degree. Graduates, who study engineering and information technology, and health- related degrees, are among those who can expect the most financial pay-off. The spread of earnings sees bachelor graduates in information systems in the upper quartile earning $95,766 in year nine – a very attractive remuneration proposition! Australia A survey of CIOs, conducted by the recruitment firm Robert Half, reveals that a growing supply and demand imbalance for specialised and hard-to-fill IT roles is going to drive a rise in starting salaries. The IT industry is in the middle of a five year growth cycle, as projected by the Australian Government, with an anticipated 14.2 percent increase in the demand for IT appointments over this period. The five top IT jobs, according to Robert Half, are Business Intelligence Developers, Infrastructure Managers, ERP Functional Consultant/CRM Consultants, Enterprise Architects and (IT) Project Managers. Table 1 indicates the current demand in NZ, based on the Robert Half defined Australian top five job categories, together with indicative salaries. Australia Top 5 IT Jobs (Based on a Survey by Robert Half) NZ Current Seek ICT Job Ads - April 2016 Indicative Salary Hudson ICT Salary Tables 2015 Business Intelligence Developers 29 $90k to $140k Infrastructure Managers 123 $80k to $120 ERP Functional Consultant/CRM Consultants 3/33 $90k to $120k Enterprise Architects 87 $120k to $170k Project Managers (Intermediate to senior level) 380 $80k to $170k Table 1 NZ Demand for IT Jobs based on the Category of ‘Australian Top 5 IT Jobs’ USA An IT News item, featuring the headline ‘Why Data Scientist is the Hottest Tech Job in Retail’ refers to data scientists as ‘unicorns’ because they are so hard to find. With big data now permeating every industry, it’s a job that requires the right people to extract knowledge and insights. Acquiring advanced predictive analytics, based on the collection, management and analysis of supply chain data, helps executives make more intuitive, accurate and reliable decisions. The retail industry is experiencing a shortfall of suitably qualified applicants for these positions with McKinsey projecting a 40 to 60 percent shortfall by 2018. One of the main reasons for the predicted
  • 2. 2 shortfall is that universities have been slow to develop programmes that address the issue. It helps to explain why finding the right people in this specialised area is proving challenging and salary demands are increasing. There are currently five jobs advertised for Data Scientists on Seek ICT with an indicative salary of $100k plus. A detailed account of the NZ ICT job advert trends follows. Current Job Adverts The total number of Seek ICT Job adverts for April 2016 is 1960, which is down by 4.3 percent on April 2015 (Fig.1) and represents a decline of 5 percent on last month’s figure of 2065. This decrease reflects a similar trend that occurred at the same time last year (End of the financial year?). Next month Seek ICT job adverts should increase by between 10 and 15 percent if the similarity in yearly trends continues. Fig.1 Seek ICT Job Adverts Monthly Trends 2010 – 2016 (April) While the number of Trademe IT job adverts for April (Fig.2) is down by 4 percent on the same time last year, the April figure represents an increase of 7.5 percent on last month, in contrast with the Seek ICT job advert decline of 5 percent.
  • 3. 3 Fig.2 Seek ICT & Trademe IT Job Advert Trends to April 2016 The Wellington region leads a downward trend in Seek ICT job adverts for this month, down 13 percent, with Waikato bucking the trend, up 8 percent (Fig.3). Fig.3 Seek ICT Job Advert Trends Monthly Change for March - April 2016 Figure 4 provides a detailed record of the Seek ICT job advert trends by region for the year to date.
  • 4. 4 Fig.4 Seek ICT Job Advert Monthly Trends to April 2016 Conclusion In spite of a recent downward trend for Seek ICT job adverts, and as recorded by the MBIE jobs online monthly reports, a number of topical articles published online locally, and from around the globe, portray a vibrant and growing industry. A mounting shortage of ICT specialists, including Data Scientists, Project Managers, and IT Security Professionals (Refer ICT Trends: Contrasts in Demand) is driving global increases in remuneration, as evidenced in recent survey reports. Predicted world-wide growth in demand, coupled with falling numbers of ICT tertiary qualified graduates, helps underpin the NZ Herald March headline; “How much is your degree worth?”; Big bucks for the right graduates”. Increases in demand and shortages of supply will continue to provide a challenge to everyone with a vested interest in the growth and health of the ICT industry. News Bytes: A to Z Australia – ITWire: IT salary increases on the horizon says recruitment firm Growing supply and demand imbalance for specialised & hard-to-fill IT roles will drive rise in starting salaries Europe – Channelnomics: New Europe-wide industry standard could 'help tackle ICT skills gap' The e-CF is the ideal tool to help tackle Europe's alarming ICT skills gap. NZ – NZ Herald: How much is your degree worth; big bucks for graduates Studying information technology provides graduates with pay-off. NZ – MBIE: Latest Jobs Online Report (March 2016) ICT down 4.1% for the year to March; up 0.1% February to March. NZ – MBIE Labour Market Reports: Short term employment forecasts 2016 to 2019 Demand for ICT Network & Support professionals forecast to grow by 4.3% from 2016 to 2019. NZ – Scoop Education: SAP launches Young ICT Explorers programme in NZ The skills shortage in the NZ ICT industry is an ongoing challenge. Young ICT Explorers programme addresses two
  • 5. 5 SA – Disrupt: South African entrepreneurs should stay at home and solve real challenges Coding school launched in South Africa in bid to tackle youth unemployment & answer the ICT skills shortage. UK – Engineering & Technology Magazine: Preparing students for STEM careers Sheffield Hallam University has secured a £50,000 grant from Alcoa Foundation to deliver a STEM skills development programme to more than 300 young people and students. USA – ComputerWorld: IT Salary Survey 2016: Highlights For the eighth year running, app dev has topped the list of skills in hiring demand. USA – ComputerWorld: IT Salary Watch In 2016, a typical App dev can expect to earn an average compensation of $91,092. USA – IT News: Why Data Scientist is the hottest tech job in retail They have been called “unicorns,” because they are so hard to find- “sexiest job of the 21th century.” USA – NetworkWorld: So, you want to be a security pro? Read this first According to DICE, the number of security jobs skyrocketed by more than 40% from 2014 to 2015, to 50,000 openings. USA – TechRepublic: As IT job market tightens again, companies look to training rather than hiring to fill gaps With fast changing technology there are more unfilled technology positions than at any time since 2000.