Australia’s banking and payments industry registered an 11.2% drop in IT hiring activity in December 2021 when compared with the previous month, according to GlobalData’s Job Analytics database.
The industry’s overall hiring is decreased by 17.51% in December 2021 when compared with November 2021.
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Out of the banking and payments industry’s total hiring activity, IT jobs claimed an 18.04% share in December 2021, recording an increase of 1.11% over the last three-month average share.
Top five job classifications in Australia’s banking and payments industry’s IT recruitment activity in December 2021
Out of the total job titles, the top five roles commanded a 99.04% share in the overall IT recruitment activity of Australia’s banking and payments industry in December 2021.
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By GlobalData1) Software and Web Developers, Programmers, and Testers recorded a share of 52.15% in December 2021, registering a 4.39% decline over the previous month.
2) Miscellaneous Computer Occupations claimed a 26.79% share, a decrease of 29.71% over the previous month.
3) Database and Network Administrators and Architects held a share of 13.24%, registering a 22.43% decline from November 2021.
4) Computer Support Specialists captured a share of 4.31%, down 15.63% over the previous month.
Top five banking and payments companies in Australia’s IT recruitment activity in December 2021
The top five companies, in terms of number of jobs as tracked by GlobalData, have accounted for a combined average growth of 5.14% share in the overall IT recruitment activity of Australia’s banking and payments industry during December 2021 over November 2021.
Macquarie Group posted 241 IT jobs in December 2021 and registered a rise of 295.08% over the previous month, followed by Commonwealth Bank of Australia with 62 jobs and a 61.25% drop. Westpac Banking with 33 IT jobs and Temasek Holdings (Private) with 29 jobs, recorded a 13.79% flat growth and a 53.23% decrease, respectively, while Citigroup recorded a decline of 58.62% with 24 job postings during December 2021.
Junior Level job postings dominate in December 2021
Junior Level jobs held a share of 74.96%, down by 12.15% from November 2021. Mid Level positions with a 20.73% share, registered a decline of 34.34% compared with the previous month.
In the third place was Entry Level job ads with 2.87% share, down 43.75% over November 2021, while Senior postings accounted for 1.44%, recording a month-on-month decline of 35.71%.
