According to new research from Randstad Technologies, a specialist recruitment company, less than half of those working in the IT and technology industry in the United Kingdom are happy with their levels of pay. By contrast, however, 60% appear to be quite happy with their jobs despite of this. Interestingly, that 60% figure is lower than the national average of 61% across the entire UK workforce whereas the number happy with their pay (47%) is higher than the national average (43%). If you want to be really happy, if you believe the statistics, then perhaps you should quit tech and go work in the utilities sector (96% job satisfaction there) and if you want to be happiest about the money you get paid then go work in insurance (90% happiness rating).
Mike Beresford, Managing Director of Randstad Technologies, says: "In 2011 and 2012 the number one priority for people was job security – now it’s salaries and benefits. Tech employees certainly aren’t the least happy in the UK, but employers must redouble their efforts if they are to attract and hold on to skilled employees as the sector grows. For instance, roles in IT infrastructure are expected to see a 10% increase in salary. However, that’s only half the battle. Last year Tech employees felt they were working the equivalent of one and a half jobs, and it’s clear teams are still as lean as possible. While cost is still a concern, the best employers make sure employees don’t feel stretched to breaking point. Workload management, alongside professional development, should be high on an employer’s agenda for maintaining morale."