Tag: salaries

IT staff expect pay increases this year

Oliver_Twist_-_Samhällsroman_-_Sida_005Beancounters from Robert Walters have been asking around and discovered that 59 percent of IT professionals are expecting their salaries to rise in 2018 and more than half of them want a bonus for their efforts.

Robert Walters Associate Director, Ahsan Iqbal, said that IT and technology professionals are well aware that their skills are highly sought after across a wide range of industries, particularly those specialising in cyber security and web development. As a result, they have high expectations regarding salary increases.

Iqbal said: “Demand for specialists across cyber security and development has been high for the past few years, driven by the rising threat of cyber-crime and the drive towards digitalisation projects. As a result, salaries for IT and tech professionals are already at a notably high level as employers compete to secure top talent. However, with demand for these skills remaining high, IT professionals still expect employers to offer increases in remuneration.”

The majority of employers plan to increase salaries for IT professionals, with 43 percent planning increases of 1-3 percent and 29 percent planning increases of 4-6 percent. A third have no plans to increase remuneration which might see them losing IT staff.

These employers will have to consider alternative strategies in order to attract and retain IT professionals in a highly competitive market.

Ahsan Iqbal continues: “Particularly for smaller firms, meeting the salary expectations of IT specialists may be challenging, with large multinational firms out competing them in terms of remuneration. However, this may not necessarily be a barrier to securing top talent. Increasingly, IT professionals are emphasising the importance of a good work life balance when considering a role. By embracing flexible working strategies and putting policies in place to allow staff to work remotely, employer may be able to gain an edge over competitors.

“In addition, the potential for career progression is a high priority for many IT specialists. By demonstrating a commitment to providing training and offering professionals the chance to develop their careers, businesses can attract top calibre professionals.”

Data reveals surprising UK salary trends

poundsThe tech sector has long been lauded as the place to go for highly motivated individuals who believe the sky is the limit. While there are numerous success stories in every industry, the tech sector isn’t what it used to be.

So what are the alternatives? Well, if you’re not willing to jump through all the hoops and do all the internships, and you happen to be good with a wrench, plumbers can make some decent cash. The average salary for British plumbers is £27,866, just a tad over the national average of £26,462. However, in some parts of the country they can make quite a bit more. Many plumbers in London charge £90 an hour and successful, self-employed city plumbers can easily earn more than £50,000, reports Careerbuilder.

Secretaries in medical and legal fields can also make some nice dosh, while personal assistants can earn up to £24,067. Personal assistants in big multinationals can also end up north of £50,000, not bad at all. If writing is what ticks all the right boxes and you hope to be the next J.K. Rowling, think again. The average published author in the UK earns just £5,000 a year from writing, which means most can only rely on writing as an extra source of income or a hobby that pays for itself.

Bus and coach drivers are paid £22,701, which doesn’t sound too great for people who are entrusted with the safety of hundreds of passengers each day. Tram and train drivers make an average of £44,617, which is pretty good.

TV stars can be quite famous, but only a handful make loads of money. For example, professional dancers on Strictly Come Dancing earn £30,500, despite the fact that they often spend up to 14 hours training real celebs.

The Prime Minister earns £142,500 a year, which does not sound like much – and it isn’t, especially given the fact that as many as 2,525 council staff across the country earn more than £100,000, while 42 local authority employees make more than £250,000.