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2019 IT Contract Salary Guide

IT Salary Guide

04-01-2019
Submitted by global_admin on Fri, 01/04/2019 - 06:27
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Expected 2019 IT salaries for contract roles. Our guide covers salaries from junior to senior roles across Commerce and Financial Services.

Contents:
IT Contract Salaries in Commerce & IndustryIT Contract Salaries in Financial Services
Commentary on IT Roles and Contract Rates in Hong Kong for 2019

 

All Figures shown are in HK$

IT Contract Salaries in Commerce & Industry

Role Low High Average
 
.Net Developer 20,000 40,000 30,000
Analyst Programmer 20,000 35,000 30,000
Android Developer 18,000 30,000 25,000
Automation Tester 15,000 30,000 25,000
Business Intelligence Developer 20,000 30,000 25,000
C# Developer 25,000 40,000 30,000
C++ Developer 25,000 40,000 30,000
Front End Developer 18,000 30,000 25,000
iOS Developer 20,000 30,000 25,000
Java Architect 40,000 60,000 50,000
Java Developer 20,000 30,000 25,000
Java Development Lead 35,000 50,000 40,000
JavaScript Developer 18,000 30,000 25,000
Localisation Project Manager 25,000 35,000 30,000
Mobile Developer 20,000 30,000 25,000
PHP Developer 20,000 30,000 25,000
Python Developer 25,000 35,000 30,000
QA Engineer 18,000 25,000 23,000
QA Engineer Automation 18,000 25,000 23,000
QA Manager (IT) 35,000 45,000 40,000
Quality Engineer (IT) 18,000 25,000 23,000
RPG Analyst / Developer 20,000 35,000 30,000
Ruby on Rails Developer 20,000 35,000 30,000
Software Development Team Lead 40,000 60,000 50,000
Software Tester 15,000 30,000 25,000
SQL BI Developer 20,000 35,000 30,000
SQL Developer 20,000 35,000 30,000
Technical Architect 40,000 60,000 50,000
Test Analyst 15,000 30,000 25,000
Test Engineer 15,000 30,000 25,000
Test Manager 30,000 50,000 40,000
Test Team Lead 30,000 40,000 35,000
UAT Tester 15,000 20,000 20,000
UI or GUI Developer 15,000 30,000 25,000
UX Designer 20,000 40,000 30,000
Web Developer 18,000 30,000 25,000
Full Stack Developer 18,000 30,000 25,000
Algorithm Engineer 25,000 35,000 30,000
SAP Analyst 25,000 35,000 30,000
SAP Consultant 30,000 45,000 35,000
SAP Supply Chain 30,000 45,000 35,000
Application Support .NET 30,000 70,000 50,000
Application Support Java 30,000 70,000 50,000
1st Level Support 18,000 35,000 25,000
2nd Level Support 18,000 35,000 30,000
Application Support 30,000 70,000 50,000
Application Support Team Lead 45,000 80,000 60,000
Architect (Infrastructure) 40,000 70,000 55,000
Desktop Engineer 18,000 30,000 25,000
Infrastructure Manager 40,000 65,000 45,000
Network Administrator 20,000 40,000 28,000
Network Engineer 20,000 60,000 40,000
Network Security Engineer 25,000 65,000 50,000
Systems Engineer 20,000 45,000 35,000
Systems Administrator 20,000 45,000 35,000
Unix / Linux Administrator 30,000 55,000 40,000
Network Architect 40,000 65,000 50,000
Infrastrauctire Engineer 20,000 50,000 35,000
IT Graduate 16,000 25,000 18,000
IT Manager 40,000 65,000 50,000
IT Operations Manager 40,000 65,000 50,000
IT Project Manager 45,000 65,000 50,000
Software Development Manager 40,000 65,000 50,000
Solutions Architect 40,000 65,000 50,000
Systems Analyst 35,000 55,000 45,000
Systems Implementation 30,000 50,000 38,000
 
 

IT Contract Salaries in Financial Services

Role Low High Average
 
.Net Architect 30,000 70,000 45,000
.Net Developer 25,000 65,000 40,000
Analyst Programmer 20,000 30,000 25,000
Android Developer 22,000 50,000 35,000
Automation Tester 18,000 35,000 25,000
Business Intelligence Developer 25,000 50,000 35,000
Business Objects Developer 25,000 50,000 35,000
C# Developer 25,000 70,000 40,000
C++ Developer 25,000 70,000 40,000
Database Developer 20,000 50,000 35,000
Data Warehouse Developer 20,000 50,000 35,000
Developer in Test Java (SDET) 20,000 50,000 35,000
Embedded Software Developer 25,000 55,000 35,000
Front End Developer 30,000 75,000 45,000
HTML5 Developer 20,000 45,000 30,000
Information Architect 25,000 70,000 50,000
iOS Developer 22,000 50,000 35,000
Java Architect 40,000 75,000 55,000
Java Developer 30,000 70,000 45,000
Java Development Lead 45,000 80,000 55,000
JavaScript Developer 25,000 55,000 35,000
Mobile Developer 22,000 50,000 35,000
Oracle Developer 22,000 50,000 30,000
PHP Developer 20,000 50,000 35,000
Python Developer 25,000 70,000 50,000
QA Engineer 20,000 50,000 35,000
QA Engineer Automation 20,000 50,000 35,000
QA Manager (IT) 35,000 55,000 40,000
RPG Analyst / Developer 22,000 65,000 40,000
Ruby on Rails Developer 22,000 65,000 40,000
Software Developer 20,000 50,000 35,000
Software Development Team Lead 45,000 80,000 55,000
Software Tester 20,000 45,000 30,000
SQL BI Developer 20,000 45,000 30,000
SQL Developer 20,000 45,000 30,000
Technical Architect 35,000 70,000 50,000
Test Analyst 18,000 40,000 30,000
Test Engineer 18,000 40,000 30,000
Test Manager 30,000 50,000 38,000
UAT Tester 18,000 30,000 25,000
UI or GUI Developer 20,000 65,000 40,000
Web Developer 20,000 50,000 35,000
Full Stack Developer 20,000 50,000 35,000
Desk Quant 25,000 60,000 40,000
Algorithm Engineer 30,000 60,000 40,000
SAP Analyst 20,000 50,000 30,000
SAP Consultant 20,000 50,000 30,000
Application Support .NET 25,000 60,000 40,000
Application Support Java 25,000 60,000 40,000
Application Support Team Lead 45,000 80,000 60,000
Architect (Infrastructure) 40,000 80,000 55,000
Desktop Engineer 20,000 45,000 30,000
Infrastructure Manager 45,000 70,000 50,000
Network Administrator 20,000 45,000 30,000
Network Engineer 25,000 60,000 40,000
Network Security Engineer 25,000 60,000 40,000
Systems Engineer 20,000 45,000 35,000
Systems Administrator 20,000 45,000 35,000
Unix / Linux Administrator 20,000 60,000 45,000
DevOps Engineer 25,000 55,000 40,000
Network Architect 30,000 65,000 50,000
Infrastrauctire Engineer 25,000 55,000 40,000
IT Consultant 20,000 55,000 35,000
IT Graduate 15,000 25,000 20,000
IT Manager 35,000 55,000 40,000
IT Operations Manager 35,000 55,000 40,000
IT Project Manager 35,000 75,000 55,000
SAP Project Manager 35,000 65,000 45,000
Software Development Manager 40,000 70,000 50,000
Solutions Architect 40,000 75,000 55,000
Systems Analyst 35,000 60,000 50,000
Technical Writer 25,000 50,000 35,000
 

Commentary on IT Roles and Contract Rates in Hong Kong for 2019

The IT contracting market in Hong Kong remained appealing in 2018 for technically skilled and experienced candidates as demand for contingent talent continued to rise. Overall, Hong Kong’s contracting market remained buoyant with a year-on-year increase of 20%.

While contracting is yet to reach maturation in Hong Kong, the technical demands of companies in the market continue to rise and more organisations begin to undertake digital transformation projects. Hiring managers will continue to rely on a contingent IT workforce to augment full-time staff and bring expertise or niche skills to a team. Financial services, e-commerce, communications and organisations in the industrial space, in particular, are likely to increase their contract headcount to accommodate for fast-moving industry changes.

In-Demand Roles, Skills and Qualifications for Hong Kong IT Contractors

Demand for development roles, particularly application and front-end development, was a leading trend in 2018 and one expected to continue in 2019 as digitisation, e-commerce and new technologies transform every market sector. Contract talent with particular skills in C#, Python and Excel VBA were highly sought after, and Javascript remained the most in-demand programming language in 2018.

As organisations look to shape software development decisions to improve business outcomes, business analysts will continue to be in demand across industries. Project managers will remain fundamental as companies become increasingly reliant on technology, maintain their efforts to deliver superior products and services and instigate workflows for small and medium-sized projects, as well as large-scale transformations.

While application and front-end developers need to possess a range of hands-on experience and technical skills in the relevant programming language, project managers can set themselves apart with certifications as well as a range of successfully completed initiatives under their belt. Across the board, hiring managers are looking for IT contract candidates with a few core soft skills, including strong communications skills and the ability to distil complex, technical topics into everyday language. The ability to successfully run meetings, influence stakeholders and stay adaptable to project requirements is also an asset.

 

Workplace Trends Impacting the IT Contractor Market in Hong Kong

The current environment for IT contractors is one of opportunity. As demand continues to rise, IT talent is for the most part in the driving seat. The number of companies looking to fill both technical and functional IT roles is set to increase, and departments are expected to draw on contractors to fill gaps and complete specific projects. Across every industry, companies are undertaking digital transformation projects and contingent workers are a good fit to supply niche skills and help these organisations adapt to changing business requirements.

As employers become more open-minded towards the talent they hire, there is also a steady shift towards more flexible workplaces. 2018 saw an increased desire for workplace flexibility from candidates across industries. Employers are attempting to lure contract talent by providing flexible hours, a positive company culture and promoting work-life balance, alongside other perks such as unlimited holidays. This is set to continue, particularly working from home trends and flexible work schedules, which are much sought-after by younger generations.

IT Contracting: Predictions for 2019 and Beyond

In 2019, the market for IT contractors in Hong Kong will remain buoyant with demand set to surge. The supply of appropriate candidates will continue to be a challenge and many organisations will have to extend their search into other markets like Greater China to source high-quality talent with the right technical skills and backgrounds.

While there is much chatter around disruptive technologies such as artificial intelligence and Blockchain, these advancements have not yet reached the doorstep of the majority of Hong Kong organisations and are not expected to radically impact recruitment in the near future.

While contractor salaries generally remained flat in 2018, the high demand for developers is expected to push contract salaries up by 10 – 20% in the coming year. We expect salaries to inflate fast in the next 18 months as a surge in demand meets a small pool of candidates, and demand for contract IT talent outstrips supply.

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