Technology professionals are set to be in-demand industry-wide as we head into 2019, with the vast majority of employers (93%) having experienced skills shortages in the past year. As a result of these shortages salaries across the sector rose by an average of 1.7% in 2018, with even bigger rises for professionals working in areas where skills are deemed the most invaluable, according to the Hays UK Salary & Recruiting Trends 2019 report.
Professionals in cyber security saw average pay rises of 3.2% last year, as organisations look to avoid and mitigate costly reputational damage through a security breach.
Elsewhere, salary increases in software development averaged 2.7% as organisations continue to upgrade their digital product and service offering, while professionals in data and advanced analytics roles averaged a pay rise of 2.6%.
The below roles are set to be the most in-demand for 2019:
- Cyber Security Analysts
- Data Scientists
- Java Developers
- Full Stack Developers
- Front End Developers
- DevOps Engineers
- App Developers
- Cloud Architects
- Data Analysts
- Digital Project Managers
For the rest of the industry there is further good news – 75% of tech employers say they plan to increase pay in 2019.
The right salary?
Whether you plan to move on or stay with your current employer, it is important to be aware of your own ‘market value’, i.e. whether you could earn more in line with regional and national averages and your own seniority and skillsets. You can find this out by using our salary checker.
Once you’re armed with this knowledge, you can make a case for a higher salary – or set out to build on your existing skills to ensure that no employer would want to risk losing you.
If you don’t currently have those skills, what can you do to build on them?
Managers who can combine the most in-demand and up-to-date skills, for example cyber security and software development, with the traditional management skills of leadership, communication and project management will be those who become truly indispensable – and best placed to see a pay increase in the year ahead.
Not just tech companies
As business and technology continue to evolve and develop, opportunities in tech are no longer restricted to just tech companies, with the best jobs and corresponding salaries potentially outside of the traditional IT sector.
“Tech jobs are paid £10,000 more on average than non-tech jobs”, said Caroline Rae, Commercial Director of Tech Nation.
“Non-digital companies are also becoming more reliant on digital tech workers, as tech pervades every business and new forms of work evolve.”
Sean Bave, General Manager & Vice President of Stack Overflow, further clarified: “In 2019, every company must become a tech company to some degree in order to remain competitive. This means demand for developer talent has skyrocketed and it shows no sign of slowing.
“Developers spend (on average) seven hours of their own time per week learning new skills necessary to their jobs.”
A technology professional who can take a leaf out of the developers’ books will be in a great position to secure the best roles for 2019.
Caroline added that over the last 12 months the industry has surged enormously: “Employment in digital tech has grown from 1.64 million to 1.87 million. This is mirrored by turnover growth, (which has) risen from £170 billion to £184 billion.”
It’s clear that demand for the very best tech professionals is ongoing and likely to be there for years to come. Being thorough with your research and accurately ascertaining your market value can help ensure that those jobs - and the salaries to go with them - are there for the taking.
Find out how your salary compares and what you could be earning with the Hays salary checker or alternatively please contact your local consultant to discuss your employment needs.
About this author
James is Director of Hays IT, Digital Technology and Project Solutions in the UK, Ireland and EMEA. Having joined in 2000, he is responsible for the strategy of Hays’ Project Solutions, IT and Digital Technology businesses, which includes IT contracting, permanent technology recruitment, resource augmentation and statement of work solutions across both the private and public sectors.