IT sector shows recovery in jobs for senior execs


IT sector shows recovery in jobs for senior execs

Jenny Williams

The IT industry has continued to show recovery in the jobs market, with 40% of vacancies for senior IT positions in 2010 offering salaries of more than £150,000, said a report.

A survey of senior executive vacancies with salaries of more than £100,000 by executive search firm Interexec found 40% of senior IT executive job positions are for salaries over £150,000, while 15% of positions are for salaries of £200,000. Financial services attributed to 29% of all senior IT positions.

The survey also found the number of senior executive vacancies across all industry sectors notified to Interexec by headhunters and employers has grown from 350 in May to a new record of 512 in October, a rise of 46%.

Kit Scott-Brown, managing director of Interexec, said the IT sector had shown the highest growth rate.

"What we found in the IT sector is not surprising; the technology sector has been remarkably resilient, and the unprecedented rise in job vacancies among the sector, which have been notified to us, just confirms what we are being told by clients - that individuals have been waiting for the market to improve and now think it is time to make their move," said Scott-Brown.

The latest Salary Services Limited (SSL)/Computer Weekly IT salary survey also found IT job vacancies had increased to almost 90,000 vacancies over the past quarter, an increase of 7.6% in recruitment for the third quarter of 2010 compared to a rise of 1% to 2% in 2009.

Top five countries for senior IT positions

  1. UAE
  2. Switzerland
  3. Germany
  4. Luxemburg
  5. China

Source: Interexec

Top 10 most in demand IT positions, earning £100,000+

  1. IT director
  2. Head of IT
  3. CIO
  4. IT manager
  5. IT consultant
  6. CTO
  7. Partners (IT)
  8. Architects
  9. Vice-presidents (IT)
  10. 1Developers

Source: Interexec

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