TechnologyAccounting SoftwareIT salaries soar

IT salaries soar

Salaries paid to IT consultants and staff continue to soar, according to research from Computer Futures. The salary survey, conducted among 1,931 professionals, recorded a 5.92 percent rise on a quarter to quarter basis. Rises as high as 20 percent were registered in some cases.

Russell Clements, Computer Futures director said: “Manufacturers are still committed to investing in technology to gain competitive advantage despite, or even because of, the current economic climate. The financial services industry has always led the way with technological investments.

Contracting is commonplace and as companies struggle to retain staff on a permanent basis, salaries will continue to rise at staggering rates.”

Salaries will also rise for those with premium technology skills. “Companies need to take a pragmatic view of IT recruitment in order to control salary inflation. Instead of looking for oven-ready candidates, companies should consider cross training staff to teach new skills.”

Related Articles

Accountancy in the digital age: Flexibility, agility, efficiency

Accounting Software Accountancy in the digital age: Flexibility, agility, efficiency

2w Pegasus Software | Sponsored
Sage purchases Intacct in its largest ever acquisition

Accounting Software Sage purchases Intacct in its largest ever acquisition

5m Alia Shoaib, Reporter
5 tips for SMEs to protect cash flow

Accounting Software 5 tips for SMEs to protect cash flow

5m Alia Shoaib, Reporter
UK behind foreign markets in digital accounting, but gap is narrowing

Accounting Software UK behind foreign markets in digital accounting, but gap is narrowing

7m Alia Shoaib, Reporter
The rise of the progressive accountant

Accounting Software The rise of the progressive accountant

7m Emma Smith, Managing Editor
Making Tax Digital: Revolution or revolt?

Accounting Software Making Tax Digital: Revolution or revolt?

8m Emma Smith, Managing Editor
Making Tax Digital: Is HMRC’s recent system fault a cause for concern?

Accounting Software Making Tax Digital: Is HMRC’s recent system fault a cause for concern?

8m Emma Smith, Managing Editor
Four reasons why SME owners should switch to cloud accounting

Accounting Software Four reasons why SME owners should switch to cloud accounting

9m Emma Smith, Managing Editor