When it comes to job satisfaction, Australian IT managers rate their career choice highly with respondents to Computerworld's 2006 IT Salary Survey boasting good morale, moderate stress levels and a continuing love affair with technology.
The positive survey findings reveal a solid ICT job market with IT managers optimistic about their career prospects after the devastating downturn that followed the dotcom crash in April, 2000.
Close to 400 IT professionals responded to the June 2006 survey, which shows the job market has made a full recovery with redundancies no longer a major concern.
In fact, respondents were confident when it came to job stability which is in stark contrast to the widespread uncertainty that dominated the ICT industry in 2003. As reported in part one of Computerworld's salary findings last week, the median salary for an IT professional is a healthy $98k.
This week, in part two of the survey, IT managers claim cost-cutting has eased, budget purse strings are loosening and outsourcing is no longer seen as a serious threat.
In fact, 45 percent of survey respondents said their organization is currently not engaged in outsourcing, a further 35 percent outsource locally, 11 percent use a mix of onshoring and offshoring, 7 percent are offshoring and 2 percent are unsure.
A whopping 98 percent of respondents to Computerworld's 2006 IT Salary Survey said they are satisfied with their current job.
Overall, 62 percent said they are satisfied, 36 percent said very satisfied and only 2 percent expressed dissatisfaction.
The results show a content and happy ICT workforce.
Mark Carmichael, CIO of chartered accountancy PKF, wasn't surprised by the results and believes it reflects the current job climate in 2006.
He attributes the positive findings to a drop in job cuts and improved remuneration.
"I think the overall happiness is due to a strong job market which has improved a lot since the dotcom crash; there is a lot more job security today," Carmichael said.
"Cost cutting has also eased; my budget is starting to open up a bit more.
"IT is once again growing in stature; there is a lot more recognition."
While Carmichael agreed with most of the survey findings, he was surprised by the low stress levels.
Only 11 percent of respondents said they were 'very stressed', 9 percent were 'not very stressed' and 2 percent were 'not stressed at all'.
A further 40 percent said they were 'stressed' while 38 percent were 'somewhat stressed'.
Carmichael was also surprised that only 39 percent of respondents worked an average of 50 hours a week.
"I definitely work more than 50 hours a week; at executive level it is impossible to manage if you do less than this," Carmichael said.