Discover your dream Career
For Recruiters

New Research Shows Starting Salaries Higher for Tech than Finance

According to the newly released 2013 Salary Guides from Robert Half International, starting salaries for technology positions in the coming year will show the largest increases among all fields researched -- an average of 5.3 percent. Administrative and office support professionals are expected to see base compensation rise by 3.5 percent, on average, and accounting and finance professionals can anticipate a boost of 3.3 percent.

"A supply and demand imbalance exists for specialized talent within many professional occupations, including information technology and accounting," said Max Messmer, chairman and CEO of Robert Half International. "To attract the best employees, companies must stay up-to-date on compensation levels, including trends affecting their regions and industries. Our Salary Guides provide data that can help businesses plan for the coming year."

Here's an overview of hiring trends identified in the 2013 Salary Guides:

Accounting and Finance

Starting salaries are expected to rise an average of 3.3 percent for accounting and finance positions in the coming year, with a particular need for financial analysts and business analysts who can support growth opportunities, as well as staff and senior accountants. In financial services, an improved lending environment should lead to above-average salary increases for mortgage underwriters and processors.

Technology

Base compensation for information technology professionals is expected to increase an average of 5.3 percent in the coming year. Mobile applications developers will see the highest increases (average of 9.0 percent), as companies look for people to help them build business using mobile media. Network engineers (especially wireless), data modelers and portal administrators also are in demand.

Administrative and Office Support

Salaries for administrative professionals are anticipated to rise an average of 3.5 percent in 2013. Employers are refilling some roles and creating new ones to ready themselves for future growth. Positions in demand include executive and administrative assistants and customer service and call center managers. Above-average salary increases also are projected for select administrative positions in the healthcare industry and in human resources.

author-card-avatar
AUTHORFred Yager Insider Comment
  • br
    breakbeatdj
    4 October 2012

    This is good news if you are a technology person....not sure about how finance feels about it.....considering this would have to be acknowledged by finance departments then paid by them too.

Sign up to Morning Coffee!

Coffee mug

The essential daily roundup of news and analysis read by everyone from senior bankers and traders to new recruits.

Boost your career

Find thousands of job opportunities by signing up to eFinancialCareers today.
Latest Jobs
Pantheon Ventures
Senior Associate, Fund Finance - Valuation Analytics
Pantheon Ventures
New York, United States
Selby Jennings
Quantitative Energy Trader
Selby Jennings
New York, United States
QBE Insurance
Claims Specialist - Crop
QBE Insurance
Austin, United States
QBE Insurance
Senior Claims Adjuster - Crop
QBE Insurance
Austin, United States
Oxford Knight
Web Platform Engineer | Chicago- Global Quant Firm
Oxford Knight
Chicago, United States

Sign up to Morning Coffee!

Coffee mug

The essential daily roundup of news and analysis read by everyone from senior bankers and traders to new recruits.