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Report shows continued remuneration growth in Technology sector

Monday, 02 Sep 2013

The Australian Computer Society (ACS) today released the 2013 ACS Remuneration Survey Report which shows continued year on year remuneration growth in the technology sector. The report provides further evidence that a career in technology continues to be one of the more financially rewarding career paths in the Australian workplace.

Over 5,000 survey responses were received, making this one of the widest ranging remuneration surveys completed in Australia in recent times. The survey is conducted independently on behalf of the ACS by the Association of Professional Engineers, Scientists and Managers Australia.

Between 2012 and 2013 the average increase in salary achieved by all respondents as a group was 3.2%. This is marginally (0.1%) greater than the average increase reported in the public sector, and is marginally higher than CPI by 0.7% over the same period.

ACS President Dr Nick Tate welcomed the findings. “We’ve long known that talented, hard working professionals in the technology sector have the potential to earn an excellent living. The ACS Remuneration Survey Report quantifies that knowledge.”

“While there is no doubt that the global economy remains challenged and domestic business confidence remains cautious , it is clear that the ubiquitous nature of technology has increased the demand for skilled technology professionals reflected in remuneration. We will continue to call for greater technology education starting at a younger age so Australia is better prepared for a technology driven future.” Dr Tate said.

Appendix – Detailed Data from the ACS remuneration Survey Report

ICT Professionals by sector

2012 Increase

2013 Increase

No Increase reported in 2013

Private Sector

3.7%

3.1%

33%

Public Sector

4.6%

3.1%

20%

Education Sector

3.9%

3.3%

22%

Total Respondents: 5113

Minimum Wage Increase as determined by Minimum Wage Panel: 2.6% as at 1 July 2013

Average increase reported across all respondents as a group: 3.2%

Consumer Price Index rise over the 12 months to 31 March 2013: 2.5%

Wage Price Index rise over the 12 months to 31 March 2013: 3.1%

 

Further information

Thomas Shanahan, Australian Computer Society, 0449 902 130

Thomas.shanahan@acs.org.au

 

About the Australian Computer Society

The Australian Computer Society (ACS) is the professional association for Australia's Information and Communication Technology (ICT) sector. Over 20,000 ACS members work in business, education, government and the community. The Society exists to create the environment and provide the opportunities for members and partners to succeed. The ACS strives for ICT professionals to be recognised as drivers of innovation in our society, relevant across all sectors, and to promote the formulation of effective policies on ICT and related matters. Visit www.acs.org.au for more information.