More than 5000 IT professionals have entered their current salaries into the free, online, real time initiative of recruitment agency, Candle Australia called "Salary Zone".
Launched earlier this year, Salary Zone provides IT&T professionals and employers with a continuously updated database of contract rates and permanent salaries for a wide range of IT jobs.
According to Candle, the Salary Zone helps IT professionals get a better idea of their market worth by providing them with an online facility where they can search on salaries relevant to their skills sets.
Candle spokesman Richard Talbot said recruitment agencies and major companies have always relied on published data, which is generally taken from advertised salaries over a 12-month period.
"As salaries change so quickly in the IT sector, our clients wanted a way of finding out 'online' what they should be paying for certain skill sets, and candidates want to find out what they are worth."
Zoe Thompson, from Candle said as more people visit the site, more data will be collected which will be beneficial as there will be more salary data for comparison.
Candle's national marketing manager, Paul Quinn said as IT employees update salaries in real time on an ongoing basis, the IT market will have one central location for timely information on salaries ranging from CEO to helpdesk level.
People interesed in participating are able to contribute their own salary or contract rates anonymously for others to view.
Thompson said there has been huge amount of traffic to the site, and Candle is confident that IT professionals will quickly get behind the initiative. www.candlerecruit.com/salaryzone