IT workers could earn up to 15% more in 2018

They can expect annual salaries of between $180,000 and $450,000.

IT professionals moving jobs in 2018 can expect increases of between 5-15%. Chief technology officers can expect annual salaries of between $180,000 to $450,000, Robert Walters (RW) revealed in a salary survey.

There were minimal salary increments for job seekers this year, as the industry is in a "transitionary phase" with many lesser-skilled and commoditised roles being offshored.

Most hirings came via development, digital transformation, and regulatory projects.

Digital transformation also continued to be a hot topic. Strong digital products are set to be an important part of banks' offerings to their customers.

As a consequence, IT professionals proficient in workspace transformation, such as specialists in cloud infrastructure and virtualization, are expected to be in demand.

Recruitment in the tech commerce sector remained strong in 2017, with digital transformation triggering a number of temporary and permanent hires with both traditional and new skills.

Robert Walters said there is high demand for healthcare, media, insurance, logistics, e-commerce, and consultancy.

Top roles in demand include those in UX/UI professionals, digital marketing experts, ISDA negotiators, and regional learning and development managers.