Rising salaries reflect overall growth of IT, Marketing and HR industries
A survey by Emolument.com has found that competition for skilled Digital Marketing employees means that Managers are earning around 37% more. Human Resources and IT salaries also continue to rise.
2016 has seen further growth in the IT sector with C# Developers and Java Developers showing an increase of wages of 23% and 12% respectively which reflects the overall growth of the IT industry.
Companies are changing with the digital times and are increasingly looking to technology to help grow and expand their businesses. This means that IT professionals are in demand, in turn, boosting wages within the IT industry.
It’s also a positive picture for those in HR management and communication where wages have risen by 37%. We can see which industries are performing well in 2016 so far by looking at which jobs are experiencing the highest wage increases. Here’s the run down on the top four that made the list:
Office & Commercial: Marketing & Communications came out top in the report, with a substantial increase of 37% to salaries which reveals an increasing demand for talent and experienced managers.
Human Resources: HR departments are expanding and therefore demanding new skills. Those working within the HR profession are having to improve their digital skills to help companies adapt their culture and management style to millennials and Gen Y in order to adapt to the shifting market.
Accounting & Finance: Research employees both in Banking and Financial have seen earnings increase this year by 12% and 22% respectively.
IT & Software solutions: Technology companies are competing over the best IT talent. There has been a 12% increase in salary for Java developers and an increase of 23% for C# developers.