In-demand CISOs to see biggest pay rise as skill shortage continues

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2015 will see a boost in tech hiring, with employment in the industry expected to grow nearly five times faster than the UK average. The findings, from recruiter Robert Half, also spells good news for those already in tech, with salaries expected to increase by an average of 4%.

CISOs will take home the biggest salary rise, with a projected 5.7% rise, followed by data architects (5.5%) and software developers (5.4%).

Those in the US can expect a bigger percentage increase, owing to the relatively stronger economic recovery coupled with its larger tech industry, with rises of 7.1% (CISOs), 7.2% (data architects) and 6.9% (software developers).

Looking at the drive in recruitment generally, UK CIOs stated that new projects/initiatives, product/service expansion and domestic expansion were the top reasons for increasing permanent headcount.

The Robert Half Salary Guide also saw a particular demand for programme and project managers who are strong communicators, who can deliver large technology initiatives to enable business growth on time and within budget.

Security was also found to be a key focus in the Salary Guide, with 93% of CIOs indicating that the number of security threats detected by their firms has either increased or stayed the same in the past year. As a result, an average of nearly one fifth (19%) of a company’s IT budget is being allocated to security.

Much of this expenditure is going towards hiring permanent and contract professionals, either by companies themselves or the growing number of risk consultancies and third party IT outsourcing services companies set up to address security issues.

Charlie Grubb, Associate Director at Robert Half Technology, commented: "Heavy investment in tech businesses and start-ups has brought exponential growth to the hiring market in this sector, while further initiatives and IT investment in non-technology businesses have compounded talent shortages.

"Candidates with niche skills are finding themselves with multiple offers and counteroffers, with businesses increasing salaries to attract the industry’s top talent. In fact, this month has seen the strongest demand for permanent and contract technology professionals in the UK for many years."

"It’s interesting to note the relative rises in salaries between the UK and the US for positions in demand such as CISOs and data architects."

"Salaries are growing particularly strongly in the US, where Silicon Valley continues to absorb high levels of venture capital and where corporates are investing in technology to help build and protect their businesses. We often find that where the US leads, the UK follows – and the investment in TechCity, TechNorth and wider technology projects will ultimately lead to an even tighter tech talent market in the months to come."

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