IT & Data Salary Survey
IT Salary Survey Guide 2024
Updated with the latest sector insights, roles, and salary data to reflect current job market trends and competitive salary rates.
Latest Salary Survey September 2024 for IT & Data Jobs in Malta
Despite global uncertainties and moderate growth across Europe, Malta’s IT sector remains robust, led by the iGaming, fintech, and technology industries. With a shift from post-pandemic recovery to strategic growth, companies are enhancing their digital capabilities, driving a strong demand for skilled professionals in software development, cloud computing, AI, data analytics, cybersecurity, and IT infrastructure. Both established firms and startups are actively hiring, contributing to a vibrant job market.
The preference for hybrid work models has become well-established in Malta, with companies balancing remote work and in-office presence. This flexibility attracts both local and international talent, broadening the talent pool. Businesses offering hybrid work and investing in modern office spaces gain a competitive advantage in attracting top professionals.
Malta’s stable political climate, EU membership, and adoption of the Euro continue to make it an attractive location for foreign investments, especially in tech. These factors provide a secure environment for international businesses looking to establish a European base, enhancing Malta’s appeal as a tech hub.
The government’s support for innovation and entrepreneurship plays a key role in the growth of the IT sector. Incentives like grants, funding, and favorable tax conditions encourage startups and tech firms, fostering a dynamic job market. This supportive ecosystem has been instrumental in driving the growth of new businesses in technology and fintech.
The iGaming industry, a vital part of Malta’s economy, continues to grow alongside the financial sector and a burgeoning tech scene, increasing the demand for IT professionals in various roles. As these industries evolve, there is a growing need for expertise in emerging technologies, further enhancing job opportunities.
Despite economic challenges, Malta’s IT job market is dynamic and competitive. Companies value not only technical skills but also adaptability, creativity, and effective communication. The fast-paced tech environment demands a versatile workforce ready to embrace innovation.
Overall, Malta’s IT job market in 2024 is characterised by strong demand for talent, driven by industry growth, hybrid work models, economic stability, supportive government policies, and a thriving startup scene. This makes Malta an appealing destination for IT professionals, offering a diverse and promising landscape for both job seekers and employers.
If you would like further insight on any aspect of our IT Salary Survey, then why not get in touch? Our consultants are on hand to help. Simply contact us at +356 2034 1510.
How do we get this information?
We compile this salary survey from 13,000 people working in IT, Data, and Business Change on the Maltese Islands. We also look at the salaries offered by 80 companies and government organisations across Malta.
We have 12 Specialist Recruitment Consultants based in Malta, who focus on recruiting in specific IT Markets in Malta. We also consider local information and statistics from the National Statistics Office Malta.