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Latest NewsEconomics, government & businessJob creation and losses

IT jobs market continues to grow

by dan thomas 11 May 2005
by dan thomas 11 May 2005

The IT jobs market is continuing to expand, with the number of advertised posts up 70% compared with the same period last year, according to research.

The number of advertised vacancies for IT staff has risen in every region of the country, almost doubling in Greater London, Scotland and Northern Ireland between the first quarter of 2004 and the first three months of this year.

“I think the market is very buoyant. Clients are talking about increased capital expenditure. Some clients are thinking about outsourcing, and average salaries have gone up this year,” said Neil McCreadie, managing consultant at recruitment agency Hudson.

Average salaries for permanent IT professionals have risen by a modest 2.8% over the year, below the headline rate of inflation.

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But IT directors have seen their salaries rise by 6% to an average of £94,740, and rates for operations managers have risen by 10% to £48,786.

The figures are revealed in the latest analysis of the jobs market by Personnel Today’s sister publication Computer Weekly and researchers SSL.

dan thomas

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