IT job demand continues to boom

Job demand in the IT industry is higher than ever and will continue to grow in the near future, according to a report from VietnamWorks, a job recruitment website.

Information superhighway: Top technology companies participated in the 2016 Tech Expo job fair held in HCM City. Photo vnreview.vn

The number of IT jobs posted on the website has doubled in the past three years from 6,792 in 2013 to 14,997 last year, the 2017 Report of Salary, Benefits and Skills of the IT industry in Vietnam showed.

Vietnam is one of the most affordable countries for IT outsourcing services in the world.

Fifteen years ago, the IT industry was mostly dominated by big outsourcing companies. Now, the trend is moving to quality IT services with more product development companies setting up their development centres in Vietnam.

Ho Chi Minh City continues to be the biggest tech hub in the country, with 53%of jobs posted, while Hanoi has emerged as a major competitor with 43% posted last year.

Based on the data collected from VietnamWorks site last year, and the surveyed results from IT jobseekers in Vietnam, a software engineer with experience in the latest technologies can earn US$1,300-US$2,000 or more per month.

81% of employers who participated in the survey have planned for performance assessments and salary reviews this year, with salaries expected to increase from 6% to 20% in 2017.

Employee benefit programmes attract and retain IT professionals usually focus on motivation and recognition.

Companies are providing office spaces to make employees “feel at home”, and are offering career opportunities and bonuses.

Benefits for employees are more diverse, including career growth with training and business travel to the US, Europe, Japan and Australia, a 13th or 14th month salary,  attractive bonuses, stock sharing, open modern working spaces and flexible hours with more work-life balance.

According to the survey of VietnamWorks, 40% of IT professionals said they would consider changing jobs if a better salary and benefits were on offer.

IT certifications are considered a standard for candidate assessment.

54% of IT companies are willing to pay higher salaries to professionals who hold appropriate IT certificates.

Project Management, Agile, Cisco, Microsoft and Amazon Web Services are the top certifications valued by employers.

According to the survey, IT professionals receive financial support from their company for training costs in English, IT skills, and leadership and project management skills.

On the other hand, 79% of survey participants said they were learning new skills on their own via the internet.

Information provided in the report was based on data collected from IT jobs posted on VietnamWorks in past years and a survey conducted of 2,400 of IT professionals and 70 companies in Vietnam.

The report, which provides insights to tech professionals in Vietnam, will be conducted annually.

Source VNA