South Africa’s dire need for business analysts and software developers is becoming more urgent, according to the CareerJunction’s latest Index findings.
The latest research reveals lucrative salary increases from 1020 to 2011 for these two job descriptions, during a period when wages fluctuated across other IT skills sets with little evidence of increases.
“Wage fluctuations are not unusual during an economic downturn, however a steady growth in salary offerings throughout the year is not the norm,” says Paul Byrne, executive director of CareerJunction.
Business analysis and software development have long been considered scarce skills. However, as the market recovers, demand for these skills is increasing creating a more competitive environment for businesses that are hiring these professionals. Consequently, higher salaries are being offered.
Business analysts enjoyed an increase in salary offerings of 13% over the last 12 months.
Byrne adds: “The willingness for businesses to up their salary offerings for business analysts and software developers is, without a doubt, correlated to the deficit of these skills sets in South Africa.”
He encourages businesses to focus on retaining existing staff that fall into these skills categories and implement the necessary recruitment strategies in order to secure talent.