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June 30, 2021

Australia banking and payments industry IT recruitment activity rises 7.1% in May 2021

By Verdict Staff

Australia banking and payments industry registered a 7.1% rise in IT hiring activity in May 2021 compared with the previous month, according to GlobalData’s Job Analytics index.

The industry’s overall hiring an increased by 2.29% in May 2021 compared with April 2021.

Out of the banking and payments industry’s total hiring activity, IT jobs claimed a 13.48% share in May 2021, recording an increase of 0.45% over the last three-month average share.

Top five job classifications in Australia banking and payments industry’s IT recruitment activity in May 2021

Out of the total job titles, the top five roles commanded a 96.5% share in the overall IT recruitment activity of Australia banking and payments industry in May 2021.

1) Miscellaneous Computer Occupations recorded a share of 37.86% in May 2021, a 23.42% growth over the previous month.

2) Software and Web Developers, Programmers, and Testers claimed a 35.53% share, an increase of 3.39% over the previous month.

3) Database and Network Administrators and Architects held a share of 12.62%, registering a 20.73% decline from April 2021.

4) Computer Support Specialists captured a share of 5.83%, up 87.5% over the previous month.

Top five banking and payments companies in Australia IT recruitment activity in May 2021

The top five companies, in terms of number of jobs as tracked by GlobalData, have accounted for a combined average growth of 32.14% share in the overall IT recruitment activity of Australia banking and payments industry during May 2021 over April 2021.

Australia and New Zealand Banking Group posted 153 IT jobs in May 2021 and registered a rise of 41.67% over the previous month, followed by Commonwealth Bank of Australia with 87 jobs and a 50% growth. Macquarie Group with 59 IT jobs and Dai-ichi Life Holdings with 17 jobs, recorded a 10.61% drop and a 142.86% increase, respectively, while Bendigo and Adelaide Bank recorded a 30.77% an increase with 17 job postings during May 2021.

Junior Level job postings dominate in May 2021

Junior Level jobs held a share of 84.47%, up by 14.47% from April 2021. Mid Level positions with an 11.65% share, a growth of 3.45% compared with the previous month.

In the third place was Entry Level job ads with 3.69% share, up 137.5% over April 2021, while Senior postings accounted for 0.19%, recording a month-on-month decline of 80%.

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