IT Salary Survey Guide Apr ’23
Updated with the latest sectors and salaries to reflect the latest trends, market activities, and salary market rates.
Salary Survey April 2023 for IT, Software Developers & Data Jobs in Malta
Malta’s IT job market is experiencing a strong demand for talent, driven by growth in the iGaming and financial industries. Following the COVID-19 pandemic, the market has rebounded strongly, with organisations looking to expand their teams and recover lost ground. As a result, there is intense competition among companies to source and attract top IT talent, particularly in roles such as Software Developers, DevOps, Data, and IT Infrastructure professionals.
The first quarter of 2023 has seen many organisations competing for high-quality IT professionals. Companies that have adopted fully remote working structures are able to attract strong candidates, giving them an advantage in the job market.
Despite concerns surrounding the war in Ukraine, Malta is viewed as a secure and stable location for many technology-focused companies to establish their presence. This is due to the country’s adoption of the Euro, its membership in the European Union, and its well-established and vibrant IT community.
These factors, along with the government’s support for innovation and entrepreneurship, have helped to create a robust start-up ecosystem in Malta. Incentives such as funding and tax breaks have attracted many startups to build their tech teams in Malta, further fuelling growth in the IT job market.
The iGaming industry remains a major contributor to Malta’s economy, and the conflict in Ukraine affected many companies in this sector. To avoid disruption, many iGaming companies moved their operations to Malta, resulting in a significant increase in demand for IT professionals.
Along with the iGaming industry, the financial sector is expanding, and many organisations are looking to create a presence in Malta. Due to the need to remain competitive, businesses are actively looking for top talent, which has helped to establish a dynamic and competitive job market for IT professionals.
In conclusion, Malta’s IT job market is thriving, with strong demand for strong talent and intense competition among companies to attract the best candidates. The country’s adoption of the Euro, its membership in the European Union, and its well-established and vibrant IT community make it an attractive destination for businesses globally.
The government’s support for innovation and entrepreneurship, coupled with funding and tax incentives, has helped to create a robust startup ecosystem in Malta, with many startups building their tech teams in the country.
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.