Salaries for UK IT professionals fell one per cent over the course of 2008 and may not begin to bounce back until the end of next year, research has found.
A study by IT recruitment specialist CV Screen conducted during 2009's opening quarter found the average IT professional now earns £36,092. This represents a one per cent drop on Q1 2008 and CV Screen director Matthew Iveson claimed IT workers were having to readjust salary demands.
“It is clear that demand for IT professionals has fallen dramatically and, with unemployment rising, we have found that candidates are now being more realistic with their salary expectations," he said.
The study, published last month, covered 50 different IT jobs and kept tabs on more than 6,000 advertised vacancies. Iveson added that there were still lucrative niches in the IT jobs market.
He said: "There are some bright spots where demand remains strong especially for candidates with strong .Net, SharePoint, Java or PHP skills.”
But he concluded that salaries might not start to creep up again until 2011 as the industry slowly regained optimism.
“The current recession in the UK has seen salaries fall," he added. "We would anticipate that they will remain stagnant over the next 12 – 18 months as confidence returns to the industry."
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