MELBOURNE 

MARKET OVERVIEW

Melbourne

COVID-19 Update

     

Victoria like the rest of the world has had its challenges in 2020. First, the devastating effects of the fires very and soon after Covid-19 became a very real crisis. Businesses in all sectors had to adapt quickly and we have all had to get used to so many ‘new normals’. 
 
Overall the tech industry has been resilient in Victoria with permanent and contract roles continuing to enter the market however permanent positions have reduced by 70% and contractor roles by 50% on average. 
 
We have seen higher education hit the hardest during the last six months largely due to Covid-19. SMB’s have remained steady with some hiring put on hold but we are already seeing renewed activity in this sector and projects looking to restart in July. Government has remained strong with projects still going forward and the utilities sector has also remained busy and buoyant.
 
As you can see in this guide Victorian salaries have not been impacted as you might expect, in most cases, there has been little to no change, and we have even seen an increase in salaries for some specific roles. 
 
We have seen a particular demand for skillsets in cloud, data and automation and a high demand for specialists across these areas.

Simon Yeung
General Manager - VIC
Talent
 

TALENT INSIGHTS

Melbourne

TECH TALENT

69,681 technology professionals, with an average tenure of 1.4 years.

FASTEST HIRING JOBS

Contract: Support Manager, Database Developer, Change Manager, Perm: Help Desk Support, Project Coordinator, Tester

IN-DEMAND SKILLS

Mobile Developers, Data Specialists, Salesforce – Developers and Architects

IN-DEMAND BENEFITS

Training and development, flexible working conditions, career development

TOP TECH EMPLOYERS

NAB, Telstra, ANZ, NBN, Infosys

GENDER IDENTITY*

67% Male

33% Female

*The information in this site has been retrieved from sources with gender binary data. We acknowledge those who do not fit within this rigid framework and understand there are many more gender identities beyond the binary.

 

LIVING IN THE CITY

Melbourne

Melbourne is a mecca for people who want to live in a vibrant city with access to the best food, wine, art and culture. The rapid growth of the technology industry, supported by the fact Melbourne is home to more than half of Australia’s top 20 tech companies means that the city is attracting some of the world’s best tech talent.

 

Named as the most liveable city in the world by the Economist Intelligence Unit for six years in a row due to the city’s dynamic business environment, education opportunities, quality of life and globally connected multicultural communities. The costs of living are on par with Sydney with housing slightly less, but as you will see in this guide the salaries are relative to the costs and as they say, you get what you pay for.   

All prices quoted are in local currency.

Average cost of a coffee

$4.21

Average cost of renting a 1 bed in the city 

$1871/month

Average gym membership per month 

$77

 

SALARY DATA

Melbourne

Permanent roles are annual salaries and contract rates are hourly. All data is in local currency. Salaries are exclusive of superannuation. Contractor rate is the rate paid to the contractor.

Feeling inspired? Find your next opportunity in Melbourne here

 

EXPLORE THE DATA

Explore

It's a good time to be working in technology in Australia and New Zealand, with demand high across most sectors. We break down each major city in detail.

02 / ANZ
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Talent’s growing US operation is focused specifically on the life sciences sector in San Francisco, and digital and tech in New York. Explore each city to find out our latest insights from these rapidly growing spaces.

01 / USA
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In a year of great political uncertainty how has the tech market held up? Find out what's happening across four of the UK's biggest tech hubs.

03 / UK
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Germany is a European powerhouse. Explore how the nation's capital is rapidly becoming a mecca for European startups and discover what new tech on the rise in Düsseldorf.

04 / Germany
FIND OUT MORE
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