Newcastle IT zone salaries bang as digital skills shortages bite

IT zone salaries in Newcastle have boomed over a past 6 years, creation it a fourth highest-paying segment for record skills in a UK. 

That’s according to new investigate from SJD Accountancy, formed on an research of data from a Office for National Statistics (ONS). It suggests that IT specialists in a North East can now design to acquire an normal of around £40,559 a year.

In 2012, this figure was £33,225 – representing a arise of 22 per cent. Meanwhile, a normal salaries for IT professionals operative in London grew by 8.9 per cent, rising from £45,930 to £50,000.

Finding a right tech talent in Newcastle is apropos increasingly difficult, forcing businesses to offer some-more income and other benefits

The North East follows behind London, a South East and a East of England in terms of salaries, since only 6 years ago a North East offering one of a lowest rates of compensate for IT specialists. 

SJD Accountancy claims that record salaries in Newcastle have augmenting interjection to flourishing program development, technical support, and a gaming and artistic industries.

SJD Accountancy CEO Derek Kelly suggested that a city is fast overcoming a digital skills shortages.

“The stability success of a North East over a final 5 years has done it one of a many costly regions for tech talent in a whole country,” he said.

“Finding a right tech talent in Newcastle is apropos increasingly difficult, forcing businesses to offer some-more income and other benefits.

“As permanent vacancies spin harder to fill, a use of contractors to block skills gaps is increasing. Many IT professionals cite to work as contractors, and in a claimant parsimonious market, they have some-more negotiate energy to spin permanent jobs into executive roles.”

The long-term participation of Sage in Newcastle gave start-ups a processed skills bottom to daub into

Kelly believes that a North is apropos a UK’s record powerhouse. “When people consider of a tech zone in a North, Manchester is customarily a initial city that comes to mind, though in many respects a arise of Newcastle has been some-more impressive,” he said

“IT professionals in a North East warranted £3,000 per annum reduction than their counterparts in a North West in 2012. On normal they now acquire £2,000 more, that is a overwhelming annulment in such a brief duration of time.”

He added: “The long-term participation of Sage in Newcastle gave start-ups a processed skills bottom to daub into. As direct for tech skills has increased, a internal talent pool has dusty up, that is pulling adult pay.

“The necessity of tech skills in a North East increasingly has a intensity to bushel growth. While a comparatively low cost of skill is a saving factor, for tech businesses talent is king.”

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