SYDNEY

MARKET OVERVIEW

Sydney

COVID-19 Update

 

As of July 2020


3 months into the lockdown and we are starting to see the impacts to the NSW technology and digital recruitment market. As you would expect, due to Australia’s first recession in 29 years, salaries and contractor rates for some roles have gone down. Interestingly however we are also seeing some skillsets increase, such as web & mobile design, cyber security, software architecture and data science. What this shows is that the tech sector is proving to be one of the few sectors to be showing reasonable strength. We are predicting this to continue as businesses look to bolster their systems to enable working from home as a permanent solution. 
Industry sectors that are holding up well include Government, health and aged care, e-commerce, FMCG and logistical services sectors.

 

We are also seeing Fintechs rebound strongly with renewed interest in innovation in the sector, with many looking to take advantage of the larger banks' inability to be nimble due to their scale. Even more encouraging is that we are also seeing early signs of the telecommunications sector beginning to ramp up hiring. Driven by domestic and commercial demand for faster internet combined with the increase of supply required for 5G being expected to build with the release of the new iPhone in September/October of this year.


Industry sectors that continue to struggle include travel, entertainment, gaming, leisure, advertising and administration. With restrictions slowly lifting we remain optimistic that we will see these areas also improve over the coming months.


We will look to update this guide on a monthly basis with any salary fluctuations we are seeing in the Sydney market.

Matthew Munson
General Manager - NSW
Talent
 

TALENT INSIGHTS

Sydney

TECH TALENT

81,712 technology professionals, with an average tenure of 1.4 years.

FASTEST HIRING JOBS

Contract: Copywriter, App Developer, Data Architect Perm: Marketing Manager, Account Director, Solutions Architect

IN-DEMAND SKILLS

Data Science, Salesforce, Javascript (React & Vue), Product Management, Digital Strategy

IN-DEMAND BENEFITS

Flexible working, central location, career/skills development

TOP TECH EMPLOYERS

Commonwealth Bank, IBM, Westpac, Optus, Telstra

GENDER IDENTITY*

68% Male

32% 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

Sydney

Sydney has it all – great weather, quality of living, employment opportunities and diverse communities. Whether you are moving for a lifestyle change, an employment opportunity, or to study, you are about to embark on an adventure in one of the most dynamic, and developed cities in the world.

When it comes to choosing a new location, you cannot do much better than this sunny city. From the employment opportunities and premiere academic institutions to the quality of life, and cosmopolitan lifestyle, Sydney offers a full spectrum of the best life has to offer.

From the very surface, Sydney will provide endless entertainment, with sights you can see on a regular basis once you are residing in the city. 

All prices quoted are in local currency.

Average cost of a coffee

$3.89

Average cost of renting a 1 bed in the city 

$2560/month

Average gym membership per month 

$77

 

SALARY DATA

Sydney 

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.

Find your dream job in Sydney here

 

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