During the 2017 Financial Year (1 July 2016 – 30 June 2017), the national average advertised annual salary on SEEK for ICT Architects was $135,744.
Kendra Banks, SEEK Spokesperson, said ICT Architects play a fundamental role in the structural designs of shared information environments within organisations.
“It’s no surprise that the ICT Architect job was the highest advertised salary on SEEK in FY2017. More and more businesses are relying on technology and software solutions to support their operations. Businesses require the highly technical skills of ICT Architects to organise and manage these assets, so that is why it commands a high salary,” revealed Banks.
ICT Architects also topped the highest paying job title New South Wales, Victoria and Western Australia, with the average advertised annual salary being $137,136 in NSW, $139,749 in VIC and $135,231 in WA.
“Behind ICT Architects, at a national level, management roles across Engineering ($133,264) and Mining Resources and Energy ($130,628) were the next highest paying jobs on SEEK,” said Banks. “These management roles directly support the growth and prosperity of our nation, and professionals in these positions are being highly renumerated to manage and build teams to deliver the needs of businesses.”
Banks explained that likely drivers of high salaries for managers in the Engineering industry are improved demand from infrastructure projects and residential construction on the eastern seaboard, as well as some turnaround in mining investments.
“High salaries across mining reflects recent improvements in mining conditions and the pick-up of exploration activity by mining companies as they aim to maintain production levels after having up back on expenditure over a couple of years,” Banks explained.
“During the past financial year, advertised salaries on SEEK were relatively flat, with little to no growth, but in June this year salaries started to tick higher after dipping in May,” Banks said. Across Australia, the average advertised annual salary on SEEK for the 2017 financial year was $81,747, which was up 1.8 per cent from the 2016 financial year.
“This improvement is very encouraging, especially since salaries fell sharply in 2012 to early 2014. This period of decline predominantly reflected the downtrend in advertised salaries on SEEK in Western Australia and Queensland, in turn driven by much weaker salaries being advertised in Mining, Resources & Energy, and other associated sectors such as Engineering and Construction,” said Banks.
During the 2017 financial year, average advertised salary increased across all states and territories.
“Western Australia and Tasmania experienced the sharpest increases in average advertised annual salaries on SEEK,” said Banks. Western Australia experienced a 3.7 per cent increase from 2016 to 2017, while Tasmania saw a 2.8 percent increase from 2016 to 2017. However, Tasmania offered the lowest average advertised salary of all states and territories in the 2017 financial year, at just $71,665.
Growth was also seen in Victoria, (up 2.4 per cent), the Northern Territory (up 2.3 per cent), and South Australia (up 2.2 per cent). ACT saw a 1.1 percent increase, while NSW was up 1.2 percent and QLD was up 1.9 per cent.
During the 2017 financial year, ACT topped the states/territories list for offering the highest average advertised annual salaries on SEEK, followed by NSW and then WA.