Talent Monogram

A salary guide for professionals in tech, transformation and beyond

Don't get us wrong, money definitely matters, but there's even more to a job than what you get paid. Not your usual salary guide, our More Than Money Salary Guide 2024 goes beyond the numbers to share exclusive insights on what’s happening in the hiring market (and what you can do to get ahead). Alongside delving into the average salaries and contract rates for the most in-demand roles in the regions Talent operates in globally, we explore what candidates and hiring managers need to know beyond the money to best navigate this market.

Discover salaries

Our experts interact with hiring managers and candidates daily, giving us unique, real-world insights into the latest salary and benefits trends.

Key takeaways

35%

Salaries have increased by up to 35% across Cybersecurity, Sales & Account Services, Data Analytics, and Development roles since 2023.

30%

Contract rates have grown between 10-30% since 2023 for roles in Cybersecurity, Data Analytics, Cloud Solutions, and Infrastructure.

85%

The opportunity for exciting & meaningful work matters to 85% of tech candidates when looking for a job.

78%

of workers value remote work options most when it comes to the flexible work arrangements that suit them.

Top skills

2024's tech skills in highest demand are Artificial Intelligence, Cybersecurity, Data Analysis, Cloud Computing, and Software Development.

Top industries

The top industries employing tech talent are Information Technology & Services, Hospital & Health Care, and Higher Education.
(Source: LinkedIn Talent Insights)

What does this mean for you as a hiring manager?

Total remuneration is about more than money. But what does that mean in practice? 

  • Be flex on flexibility
    Flexibility in differing forms is still a non-negotiable for many jobseekers. Ensure it’s on the table if you’re looking to attract the best.
  • Offer meaningful work
    Candidates are seeking to work on projects that have meaning. Ensure you’re offering the opportunity to engage in challenging projects that connect to a larger company purpose.
  • Culture is key
    A positive company culture matters to 76% of tech candidates when searching for a job. Make sure you’re building a strong culture that your people are proud to be part of (and crafting a strong employer brand that showcases this).

Uncover more of our key takeaways

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What does this mean for you as a jobseeker?

Even in a slower hiring market, demand for top skillsets remains strong.

  • Cyber & data are the future
    Upskill in the most in-demand skills of 2024 - cybersecurity, data and AI, to open the door to more job opportunities this year. Whatever your role, increasing your knowledge and skills will hold you in good stead.
  • Consider what’s important to you
    Certain tech roles are experiencing salary declines. Consider what an employer can offer you overall, beyond simply the money, when searching for your next position.
  • Tailor your CV
    Showcase to employers how you’re the perfect match for their role by ensuring your resume aligns with the job description as much as possible.

Uncover more of our key takeaways

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Explore the data

To uncover what’s happening in your market and what you can do to get ahead, click through to your region for our local market insights:

AUS

The tech hiring landscape is changing, yet demand remains high for those with the right digital and tech skillsets. We break down what’s happening in each major Australian market.

Learn more

NZ

Navigating a shifting hiring market, those who possess the right skills hold all the power. Discover what’s happening across NZ’s major tech hubs.

Learn more

US

From the East Coast to the West Coast, we uncover the latest tech insights and growing opportunities in the hiring market across the US.

Learn more

About the data

In this report, you will find the latest salary data quoted in local currencies for permanent and contract positions across Australia, New Zealand, and the US, as well as insights on the local tech talent pool, skills trends and the hiring market. Figures are based on data from over 9,100 placements Talent has made in the past 12 months, as well as insights passed on to Talent from our clients, with additional sources cited.

Any repurposing of this data must clearly cite Talent. If you have any questions or comments please email marketing@talentinternational.com

About Talent

Talent is a global recruitment specialist which brings together experts in tech, transformation & beyond.

Founded in 1995, our vision is to empower people to build a better world of work for all. We bring real value to people and organisations by building highly skilled and engaged teams, rethinking technology solutions and taking a people first approach to how we innovate our services. We are specialists committed to creating the most rewarding experiences for our candidates, clients, colleagues and the community.

knowledge is power