Recruit I.T.’s Post

Transcript

All right, folks, check into your jandals and grab a cuppa. We're about to take a deep dive into the Aotearoa tech job market. Yeah, Nah, she's a bit of a roller coaster out there, but no worries, because I've got the latest market update hot off the press. I've been sifting through all the reports and data so you don't have to. Let's kick things off with the big picture, the economic landscape eye. It's been a bit of a rough trot lately. Yeah, high inflation's been hitting everyone's back pocket, and investments have been a bit shaky. Makes businesses a wee bit cautious about hiring, you know what I mean? But hold on, there's a silver lining a the Reserve Banks, given the OCR, a little haircut and another cuts on the cards should give the economy a decent boost come 2025. And here's the thing I even though businesses are being careful, they're still hungry for talented folks in those hot areas. You know, the ones everyone's buzzing about like data or software engineering, cybersecurity and AI, all the good stuff. Now let's zoom in on different regions, starting with the City of Sales Auckland. Auckland's market still holding strong, but things are changing. We're seeing the rise of the contingent. Workforce, especially finance businesses, want that flexibility, you know, especially with all the uncertainty in the economy. And then there's the classic Kiwi tail. The brain drained Ozzy. Heaps of our talented maids are heading across the ditch for new opportunities. Could make finding the right people here a bit trickier, eh? But here's an interesting twist. I Wellington's challenges are actually benefiting Auckland. More Wellingtonians are open to relocating, which means a bigger talent pool for Auckland businesses. So what's hot in Auckland? Well, data whizzes, software gurus and product experts are still in high demand. Those with skills in sales force D365, All that jazz. Auckland's right for the picking, but. Let's be real, there are a few hurdles for job seekers I We're seeing stacks of applications, slow responses from employers and sometimes even radio silence. Landing that dream job can be a bit of a mission. All right, let's groove down South to the white Caddo. Some might think it's all about cows down there, but hold your horses. The Waikato is booming and the tech sector is a major player in that growth. We're seeing a surge in tech jobs, everything from entry level service desk roles to cutting edge AI positions. Something for everyone, no matter your experience level and. Like an Auckland hybrid, work is the preferred way of working. But all those opportunities mean hiring managers are wading through a sea of applications, eh? Makes it tough to find the perfect sit. Now let's move over to the capital, Wellington. Things are a bit tougher down there. Unfortunately. Those public sector job cuts have impacted the tech scene and projects are on hold while budgets get sorted. Not the easiest time to be looking for work, but hey Wellingtonians, keep your chins up. There's still a wealth of talent down there and people are eager to explore new opportunities, even if it means venturing beyond Wellington. Brisbane, Hamilton, Tauranga, even Ozzie Wellingtonians are considering all sorts of options. OK, let's talk about the big one. Salaries. Time to see what you can expect to earn in this market. For all you coding superstars, engineering roles are still super competitive when it comes to pay packets. Good news for those with tech skills. While some salaries are pretty stable, it's important to remember that contract rates can be a different story. But that's the trade off with contracting, right? More flexibility often comes with a higher hourly rate. Now, I know you're keen to hear about specific salary ranges, and I've got all the juicy details. But before we dive into that, let's take a quick detour and chat about something that's become the norm. Since COVID hit. Flexible work arrangements, remote work, hybrid work. It's all the rage these days, again for good reason. Gives people more flexibility, better work life balance. Lets companies cast a wider net for talent. But here's the interesting thing why some businesses are starting to encourage people back to the office more often. They reckon it's good for teamwork, company culture, mentoring those just starting their careers. But let's be real, most Kiwis prefer a bit of both the flexibility of working from home some days and the buzz of being in the office on others. A Stetson ZED survey last year showed that most people are keen on a hybrid setup, eh? All right, enough about work life balance, let's get back to the numbers. If you're in tech leadership, a Chief Information Officer, a CIO, can be looking at a cool 250,000 to $450,000 per year. Not too shabby, eh? A Chief Technology Officer isn't far behind, raking in somewhere between 220,000 and $350,000. Of course, experience in the size of the company play a role, but that gives you a general idea for those on the product side of things. A product can expect a range of 170,000 to $240,000 and our agile gurus, the Scrum Masters, are sitting comfortably at 120 thousand $250,000. Let's not forget about our business analysts. A senior business analyst can earn a respectable 120,200 and $60,000, while a Business Analyst can still pocket a decent 90,200 and $40,000. And for all you developers out there, the outlook is good. A senior Developer can command a salary of 130,000 to $170,000, while the junior developer can expect to start. Somewhere between 65,000 and $90,000. Not a bad starting point at all. Now, if you're considering the contracting route, the rates are a bit different. A chief information officer on a contract could be earning Suite 200 three, $100 per hour. That might be tempting for some, but it's not all about the money, right? The tech industry is known for its perks and flexible work arrangements, which are definitely priorities for a lot of Kiwis these days. Before we wrap things up, I want to touch on something crucial. Upskilling. The tech world is changing faster than a toy in a Cohee tree if you want to stay ahead of the game. You've got to keep learning. Whether it's data analytics, cloud computing, or AI, there are tons of opportunities to upskill and boost your earning potential. And hey, learning new things keeps your mind sharp and can open up some pretty exciting career paths. So there you have it, a snapshot of the tech job market in Aurora. It's a dynamic and ever changing landscape, but one that's full of opportunities for those with the right skills and a willingness to learn. If you're keen to delve deeper into the specific salary ranges for different roles, I encourage you to check out the full Market and Salary Update report. It's packed with insights and data, a valuable resource for anyone navigating the tech job market. But for now, I'll sign off and let you digest all this information. Remember, stay curious, keep learning. And Kia Kaha sweet team. Let's wrap up this deep dive into the Aotearoa tech job market. We've covered a lot I from the economy being a bit well mounted to hiring trends, what you can earn and how we're all working these days. So what are the key takeaways? What do you really need to know? Well, First off, even though the economy is a bit wobbly, the tech sector is still, you know, humming with opportunity, especially if you got those in demand. Skills, data, software development, AI, all that good jazz. Secondly, hybrid work is here to stay. It's all about flexibility, I working from home when you need to and heading into the office when it makes sense. Check on those jandals and work from the back now and then. Sounds pretty good eh? Thirdly, salaries holding steady for most tech roles. But those engineering gigs, those are still, you know, super sought after, which means while those talented techies can command top dollar, good on your mates. And finally upskilling, it's more important than ever. The tech world moves fast, so you've got to keep learning, stay ahead of the game. I'll leave you with this, the tech job market, it's like a river. Constantly changing, flowing, be adaptable, be curious and never stop learning. Those are the keys to, you know, thriving in this exciting world. Right, that's wrapping this deep dive. Thanks for joining me and catch you next time for another adventure in the world of tech Kia Ora.