[UK] Sustained pay rises for tech roles

According to new research, employees with IT roles in UK companies saw their salaries increase by as much as 30 per cent in the past year, despite layoffs among vendors and high-profile companies, The Register reports.

Other sectors across the UK economy have struggled to achieve above-inflation pay rises yet IT roles have stayed fairly resilient, according to Aspire survey data from 1,400 candidates.

Recruitment agency Aspire reportedly collected the data between April 2022 and April 2023. It reveals that the highest growth in salary was at the junior to mid-level of software quality assurance engineers, who saw a 30 per cent increase year-on-year, moving from £35,000 to £50,000 per year.

More senior roles -, such as lead software engineers - had slower salary growth. They rose by around 10 per cent, going from £100,000 to £110,000.

Chief technology officers with 10+ years of experience can expect to receive more than £150,000, according to the survey.

The only IT role category with an earnings fall was mid-level UX and UI designers. Their maximum earning potential fell by 10 per cent, from £55,000 to £50,000.

Terry Payne - Aspire's Global managing director - said, "The tech sector has gone through a difficult period over the last 18 months, with widespread redundancies at big-name firms. But steady salary growth across key roles looks like the first green shoots of recovery – a welcome sign for employers and candidates alike."

"Layoffs across the industry mean there are plenty of highly skilled candidates on the market. Employers with ambitions to grow beyond the struggles of the last year can attract these workers by offering competitive salaries."

In the past year, Amazon and Google have both made significant layoffs. Other tech giants reducing staff include Twitter, which sacked more than half its payroll; Salesforce, which gave notice to 10 per cent of its workforce; Microsoft, which let go of around 10,000 staff; and Meta, which shed 10,000 jobs in March, after previously cutting 11,000 roles in November 2022. The lost jobs were not all tech roles.

Source: The Register

(Quote via original reporting)

According to new research, employees with IT roles in UK companies saw their salaries increase by as much as 30 per cent in the past year, despite layoffs among vendors and high-profile companies, The Register reports.

Other sectors across the UK economy have struggled to achieve above-inflation pay rises yet IT roles have stayed fairly resilient, according to Aspire survey data from 1,400 candidates.

Recruitment agency Aspire reportedly collected the data between April 2022 and April 2023. It reveals that the highest growth in salary was at the junior to mid-level of software quality assurance engineers, who saw a 30 per cent increase year-on-year, moving from £35,000 to £50,000 per year.

More senior roles -, such as lead software engineers - had slower salary growth. They rose by around 10 per cent, going from £100,000 to £110,000.

Chief technology officers with 10+ years of experience can expect to receive more than £150,000, according to the survey.

The only IT role category with an earnings fall was mid-level UX and UI designers. Their maximum earning potential fell by 10 per cent, from £55,000 to £50,000.

Terry Payne - Aspire's Global managing director - said, "The tech sector has gone through a difficult period over the last 18 months, with widespread redundancies at big-name firms. But steady salary growth across key roles looks like the first green shoots of recovery – a welcome sign for employers and candidates alike."

"Layoffs across the industry mean there are plenty of highly skilled candidates on the market. Employers with ambitions to grow beyond the struggles of the last year can attract these workers by offering competitive salaries."

In the past year, Amazon and Google have both made significant layoffs. Other tech giants reducing staff include Twitter, which sacked more than half its payroll; Salesforce, which gave notice to 10 per cent of its workforce; Microsoft, which let go of around 10,000 staff; and Meta, which shed 10,000 jobs in March, after previously cutting 11,000 roles in November 2022. The lost jobs were not all tech roles.

Source: The Register

(Quote via original reporting)