Wages rising in IT & construction sectors

4.Wages rising in IT and construction sectors

Brisbane

(Australian Associated Press)

Civil engineers, web developers and IT executives are in high demand and are enjoying stronger wage rises than other workers.

The Australian Institute of Management’s (AIM) latest national salary survey has found wages are still growing at a historically slow annual pace, but the IT, construction and engineering industries are the bright lights.

The construction industry recorded the largest increase in wage growth and growth forecasts in the 12 months to the start of October.

AIM’s policy and advocacy general manager Sam Bell said this reflected the shift away from mining-led investment and towards infrastructure spending.

He said low interest rates, a booming property market in Sydney, Melbourne and Brisbane, and private sector investment in commercial and residential high rise buildings were driving up civil engineers’ wages.

“We have seen a high demand for civil engineering positions in the past 12 months,” he said.

“Positions in IT are in demand as businesses invest more in technology to gain a competitive advantage in the market.

“There’s also ever-increasing demand for positions with web development skills as more organisations realise the need to have an online footprint.”

He said the average total salary for a chief civil engineering executive was up 6.3 per cent and a senior professional engineer (Level 4) was up seven per cent in the past 12 months.

While the average total salary for a chief information officer rose 6.2 per cent.

Web developer and web designer positions increased 8.2 per cent and seven per cent respectively.

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