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“Chronic” Skills Shortage Sends IT Salaries Soaring

An IT salary guide published by specialist recruiters Morgan McKinley shows soaring demand for cloud and cybersecurity architects, with a chronic shortage of available talent in emerging technologies and specialist fields driving up UK salaries.

The Morgan McKinley IT Salary Guide 2019 also emphasised record numbers of UK vacancies for data visualisation specialists, with the hottest platforms according to the recruiter being Tableau, PowerBi, Qlik and Alteryx,

The shortage is driving up salaries: cloud architects and cybersecurity architects can expect to take home £100,000 per year at the bottom of the range if they have financial services sector experience, the company said; £130,000 at the top.

C++, Java and Python developers are all, also, able to take home as much as £130,000 at the higher end of the range, again, in financial services. (Other sectors start at £35,000 – £40,000 and top out at approximately £110,000 for developers).

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“It was a brilliant year for permanent candidates to find a new job, on average they secured a 20.7 percent pay rise when changing position”, the company’s Cem Baris, Director of IT and Sales, said, attributing the rise to a “chronic shortage” of talent.

“[This] has been exacerbated by the reduction of EU applicants looking at London – other cities such as Dublin, Berlin and Paris have worked hard to become locations of choice for would be Tech expats.”

“In response to this, many clients have become willing to sponsor talent from outside the EU. This has been reflected in recent government figures showing immigration from outside the EU is now at a 10 year high at 248,000 (across all areas),” he added.

The hottest big data technologies are still SQL, R, Python, Hadoop within Data Science, and Kafka, Scala, Spark underpinned with Java within Data Engineering. Organisations have typically been seeking Data Scientists with Masters/PhD within STEM subjects – an extremely hot trend for permanent roles.

Within banking and financial services, developers in eTrading, Algo and KDB all demanded premium salaries and rates, it added. The below table captures salaries in the commercial and industrial space. Financial Services are higher.

For the full tables, see here.

 

Job Title Low (£) High (£) Average (£)
C#.Net Developer 35,000 100,000 75,000
C++ Developer 40,000 110,000 80,000
Java Developer 40,000 110,000 80,000
Development Lead / Manager 60,000 120,000 95,000
PHP Developer 35,000 90,000 60,000
Python Developer 35,000 90,000 60,000
Ruby on Rails Developer 35,000 90,000 60,000
Android Developer 45,000 85,000 70,000
iOS Developer 45,000 85,000 70,000
Developer in Test Java (SDET) 40,000 80,000 65,000
Embedded Software Developer 40,000 60,000 50,000
Front End Developer 55,000 110,000 85,000
JavaScript Developer 55,000 110,000 85,000
UI or GUI Developer 55,000 110,000 85,000
UX Designer 30,000 80,000 60,000
UX Manager 50,000 100,000 85,000
Web Developer 55,000 110,000 85,000
Full Stack Developer 55,000 110,000 85,000
Technical Architect 70,000 90,000 80,000
Solutions Architect 70,000 100,000 85,000
Enteprise Architect 90,000 11,000 100,000
CRM Consultant 60,000 90,000 75,000
Automation Tester 45,000 75,000 65,000
QA / Test Engineer 35,000 65,000 55,000
QA / Test Automation Engineer 45,000 75,000 65,000
QA / Test Manager 60,000 90,000 75,000
Infrastrucuture Architect (Infrastructure) 70,000 90,000 80,000
Infrastructure Manager 70,000 90,000 80,000
Cloud Engineer 60,000 90,000 80,000
Cloud Architect 90,000 11,000 100,000
DevOps Engineer (Development) 60,000 90,000 75,000
Service Desk Analyst 25,000 45,000 35,000
Desktop Support Engineer 30,000 40,000 35,000
Service Manager 55,000 80,000 70,000
Application Support .NET 45,000 75,000 60,000
Application Support Team Lead 60,000 80,000 70,000
Network Administrator 40,000 65,000 55,000
Network Engineer 50,000 80,000 70,000
Network Security Engineer 50,000 80,000 70,000
Systems Engineer 50,000 80,000 70,000
Windows Systems Administrator 50,000 80,000 70,000
Unix / Linux Administrator 50,000 80,000 70,000
Cyber Security Engineer 70,000 90,000 80,000
Cyber Security Architect 90,000 11,000 100,000
CISO 80,000 150,000 120,000
IAM Engineer 60,000 90,000 75,000
Business Intelligence Developer 40,000 80,000 60,000
Business Intelligence Manager 60,000 90,000 75,000
Business Objects Developer 45,000 80,000 60,000
Data Warehouse Developer 50,000 90,000 55,000
Oracle Developer 50,000 80,000 60,000
SQL BI Developer 40,000 75,000 60,000
SQL Developer 35,000 70,000 60,000
Data Visualisation Developer 45,000 80,000 55,000
SAS Developer 40,000 75,000 60,000
Data Analyst 35,000 55,000 40,000
Data Architect 65,000 100,000 80,000
Information Architect 55,000 90,000 70,000
Data Engineer 30,000 80,000 50,000
Data Developer 35,000 80,000 50,000
Head of Data Engineering 50,000 120,000 80,000
Big Data Architect 60,000 90,000 75,000
Database Administrator 35,000 50,000 45,000
Data Scientist 40,000 70,000 40,000
Head of Data Science 80,000 120,000 100,000
AI/ML Specialist 30,000 70,000 50,000

 
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CBR Staff Writer

CBR Online legacy content.