Our comprehensive guide to contractor rates and trends
The Hays IT Contractor Rates Guide FY24/25 lists the average daily rates for more than 50 IT contractor roles across Australia and New Zealand as well as valuable insights into the trends of the IT contractor rates market.
With thousands of tech contractors working through Hays on a weekly basis, and over 130 tech recruiting specialists across Australia and New Zealand, we’ve drawn upon our vast expertise to bring you this guide.
Whether you’re negotiating rates for your next contract role, or determining rates for your workforce, the Hays IT Contractor Rates Guide FY24/25 is the only guide you need.
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Key findings from our IT Contractor Rates Guide
Australia’s current IT contractor market is the most complex and tailored to individuals that it has been in years. It’s an honest and transparent market, where employers have become more diligent and discerning in their recruitment, and contractors need to prove their worth more than ever – both at interview stage and in the role.
As a result, the gap between top and bottom rates for almost all roles in Australia has widened. Gone is the one-size-fits-all model that skills shortages created, and instead contractors earn what they deserve based on skills, knowledge, experience, sector, and geography.
Never has there been more of a need to have guidance when negotiating a contract from either side of the table.
Key takeaways for Australian contractors:
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Find out the skills currently most in demand, and the roles with the largest rate rises over the last 12 months.
- Discover how to land your next role in a competitive market as businesses become more selective in their hiring decisions.
- Understand why the high rates of recent years have held, but only for the very best contractors, as the gap between top and bottom rates widens.
- Find out which states and territories pay the best rates for your role.
- Learn why cyber security will be crucial over the next decade and how it can impact your career and future opportunities.
Key takeaways for Australian employers:
- Geographical market insights from our local tech recruiting experts.
- Find out which skills are most in demand in Australia and the roles you’ll have to pay top dollar to fill.
- How the trend for shorter and more targeted contracts for mission-critical projects can make your budget go further.
- Discover the critical role cyber security will play over the next 10-15 years and how it will influence workforce demands and strategic hiring decisions.