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With the workforce more online than ever, the demand for technology professionals is booming. Companies around the globe are vying for the best tech talent to support their employees and drive their business forward in a technology-led market.
Technology job numbers in Australia continue to increase, with over 1.2 million people expected to be working in the sector by 2027, according to the Digital Pulse 2022 report released by Deloitte and the Australian Computer Society (ACS). This will see the
proportion of the Australian workforce in technology roles increase from 6.7% in 2022 to 8.5% in 2027, as employment in technology roles continues to outpace overall employment growth.
In particular, roles in areas such as cybersecurity, data science, DevOps, cloud computing, IoT and software development will attract some of the highest salaries in the technology sector as companies compete for talent with specialised skills.
Working in technology or interested in joining the sector? This guide covers the average salary you can expect to earn in a range of technology roles.
Forced digitisation and remote work driven by COVID-19 has fuelled the need to hire more tech talent, for which companies are willing to pay a premium. The Digital Pulse 2022 report found that even amidst the economic fallout of the pandemic, technology salaries in Australia grew by 10.4% between 2019 and 2022. This growth rate significantly outperformed the uptick in salaries for all non-ICT occupations (6.9%) during the same period.
The same report found that technology professionals earn a substantial salary premium of $41,490 per year compared to non-technology professionals, and $11,336 per year on average compared to workers employed in the professional services sector.
Looking forward, as the demand for technology workers continues, the Australian Government plans to rollout several initiatives to encourage the development of digital skills part of its vision to transform Australia into a leading digital economy by 2030.
This will include the Digital Skills Cadetship to support professionals in retraining or returning to the workforce in high-demand areas such as cybersecurity, data analytics and cloud computing.
The following are average base salaries (excluding superannuation) in Australia for a range of technology roles, taken from the 2022 Michael Page Salary Guide.
Get a comprehensive view of salaries across various industries and roles with our Michael Page Salary Guide, which features the average salary of roles in Australia’s dynamic job market, or use our Salary Comparison Tool to see how your compensation compares to industry standards.
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