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.
59% of IT professionals are expecting their salaries to rise in 2018 and 55% are also expecting to receive a bonus, according to new research from Robert Walters. The study also found that the majority of employers plan to increase salaries for IT professionals, with 43% planning increases of 1-3% and 29% planning increases of 4-6%. However, almost a third have no plans to increase remuneration.
Associate Director Ahsan 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.”