There has been an average salary increase of 1.4 percent for advertised tech roles since the beginning of 2018. The biggest increases have been experienced by PHP and java developers and data scientists.
This is according to new data from the 2019 Reed Technology Salary Guides, which analysed more than 10 million jobs posted across sectors since 2015. They found that the tech sector, especially roles advertised for PHP and java developers and data scientists, have experienced the biggest average salary increase since the start of 2018.
Statistics on the average salary increase
The notable statistics from the report include:
• Advertised tech salaries increased 1.7 per cent in 2018 – one of highest rates across sectors;
• Biggest increases in advertised salaries experienced by PHP developers (6.9 per cent), java developers (6 per cent) and data scientists (5.9 per cent); however
•There has been a palpable slowing of growth rates since 2017 (2.3 per cent) and 2016 (8.9 per cent).
Andrew Gardner, director of Reed Technology, says: “Looking to 2019 and beyond, there will be an array of development-based roles on the market, along with an accelerating demand for cyber security professionals. There is still strong demand for candidates with mobile, front-end development and full stack experience Alongside that, businesses will also need candidates with cloud-based experience, and storage skills. The impact of legislation such as GDPR is still creating demand, with companies conscious of the ramifications of falling foul of GDPR guidelines alongside this – data is the new oil, so we see no sign of data analytical and science roles slowing.”
How will Brexit impact the market?
Andrew continues: “Brexit will impact the job market and candidate flow. Open borders have seen many development roles in the UK being filled by workers from EU countries, and we don’t know how the industry will react or respond if there are new restrictions enforced on this wider talent pool…Despite the various business upheavals, the good news is that the industry is very robust.”