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Stable NZ market avoids salary turbulence

Stable NZ market avoids salary turbulence

IT wages and salaries appear stable in New Zealand, in contrast to reports of falling rates in Australia and the US. Six-figure salaries are still possible across many sectors, but the market appears to be avoiding the huge increases of recent years.

The latest salary rates were released last week by TMP Worldwide, though the recruitment company has avoided giving percentage changes, unlike in previous surveys.

TMP Auckland general manager Greg Thompson said producing a broad range of figures gives candidates and recruiters a fairer idea -- rather than a percentage increase across salary averages -- of the value of various skills. Previous averages may have unfairly raised or lowered expectations, he said.

A CIO of a company with more than 100 employees should be worth $NZ160,000 to $200,000, the survey said, and $125,000 to $165,000 in a medium-sized company of 50 to 100 staff.

An IT team leader is worth $67,000 to $82,000, depending on experience, and an IT manager $75,000 to $150,000, again depending on experience and the size of the department. Project leaders are worth $67,000 to $82,000 and project directors $120,000 to $170,000.

Senior Oracle developers are worth $80,000 to $120,000; ASP developers with two to four years experience $50,000 to $65,000; and Visual Basic analyst programmers with the same experience $50,000 to $60,000.

Last year the TMP survey, formerly the Lampen survey, recorded average pay increases of up to 17 per cent for analysts/programmers, with others gaining 3 to 7 per cent.

But this year Thomson said there were few pay rises, particularly in technologies like C++, as demand has fallen.

Thompson has just returned from Melbourne where he confirmed reports of falling salaries as the Australian IT industry rationalises.

Glenn Bratton, Auckland manager of recruiter Robert Walters, said there is little movement in the New Zealand market, suggesting "a wee drop" in rates.

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