SYDNEY

MARKET OVERVIEW

Sydney

As we head towards the end of the financial year the technology recruitment market is red hot. As per our recent Global Digital & Technology Hiring Market Snapshot, demand for top talent is as high as it has been in Talent’s 25 year history.

 

The boom is being driven by a perfect storm of:

// A V shaped economic recovery in Australia
// Businesses prioritising technology and digital transformation projects to support WFH and to take advantage of increased online activity/spending
// No overseas talent entering the market, whilst losing ex-pat talent back to their home countries
// Many skillsets were already in short supply pre-COVID

 

Technology has been one of the most successful sectors throughout 2020/21 and that looks set to continue for the foreseeable future. Digital projects are accelerating, as is moving to cloud environments. We are seeing significant investment in security and businesses are rapidly ramping up their online presence. In addition, lots of money is being made available for start-ups and the bigger players are focusing on their innovation hubs. The net result is that salaries and contract rates are recovering and have recovered. As mentioned in our Global Digital & Technology Hiring Market Snapshot, key skill sets in high demand are experiencing increased salaries and rates. Candidates in particular demand include those with skills in software development, cybersecurity, architecture, SaaS sales & account management, cloud and business analysis. 

Industry sectors that are performing particularly well include Government, health, finance, aged care, e-commerce, FMCG and logistical services sectors. 

Industry sectors that continue to struggle include travel, entertainment, leisure, advertising and administration. Unfortunately until the international borders reopen, this will remain the case.

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

94,919 technology professionals, with an average tenure of 1.7 years.

FASTEST HIRING JOBS

Salesforce Consultant, Data Engineer, Data Manager, Security Engineer, Infrastructure Specialist

IN-DEMAND SKILLS

SQL, Business Analysis, Cloud Computing, Software Development, Python, Cybersecurity

IN-DEMAND BENEFITS

Flexible working, central location, career/skills development

TOP TECH EMPLOYERS

Commonwealth Bank, Telstra, Optus, Westpac, IBM

GENDER IDENTITY*

70% Male

30% 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

$4.16

Average cost of renting a 1 bed in the city 

$2617/month

Average gym membership per month 

$82

 

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

 

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
Explore

01 / NORTH AMERICA

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
Explore

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
Explore

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