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IT Hiring: Is The Freeze Over?

By Jeff Goldman on 2010-12-17


Technisource’s latest 2010 IT HIRE Intelligence Survey, conducted by Monster.com, has found that the majority of HR managers and recruiters responsible for recruiting technology staff are planning to hire IT workers in the next six months. “Economic conditions that led to hiring freezes, technology cuts and migration delays across the last 18 months are now starting to reverse and companies are beginning to increase spending to remain competitive or regain a lost competitive advantage,” says Technisource president Michael Winwood. “The most important factor in doing this still and will always remain a company’s internal staff. While it is difficult to make any definitive forecasts from a single survey, the data in this report seem to suggest that we can anticipate increased technology hiring and perceived strength in corporations – which bodes well for a strong and much anticipated rebound.” The Technisource IT HIRE Intelligence survey was conducted online within the United States by Monster Worldwide on Technisource’s behalf between September 27, 2010 and October 11, 2010, among a U.S. sample of 435 HR managers or recruiters who indicated they have specific responsibility to recruit for technology positions, either for their company or as an agent on behalf of another company. Of the 435 respondents, 41 percent work at organizations with fewer than 100 employees, 28 percent work at organizations with 101 to 500 employees, and 31 percent work at organizations with more than 501 employees.

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82 Percent

82 percent of respondents are "very" or "somewhat" confident that their company’s performance will improve in the next six months. That’s an increase of six percentage points since the June 2010 report.

55 Percent

55 percent of respondents are "very" or "somewhat" confident that the economy in general will improve over the next six months.

86 percent

86 percent of respondents who plan to hire over the next six months say they will hire IT professionals. That’s an increase of eight percentage points since the previous survey.

29 Percent

29 percent of technology hiring will consist of new openings. Only nine percent of hires are expected to be replacement positions.

14 Percent

Among respondents who do not plan to hire IT professionals in the next six months, 14 percent plan to outsource the function in question, while 68 percent say they simply have no need for additional employees.

Strength in Numbers

Among respondents who plan to hire IT professionals in the next six months:8 percent plan to fill more than 50 technology-oriented positions37 percent plan to fill 11-50 technology-oriented positions56 percent plan to fill fewer than 10 technology-oriented positions

Job Openings

Of those respondents who plan on hiring technology-oriented positions, the majority will be in:applications (71 percent)project management (56 percent)infrastructure (50 percent)

Top 3 Recruitment Methods

(percent respondents)job boards (92 percent)referrals (82 percent)social media (69 percent)

Top 3 Hiring Criteria

(percent respondents)Type of work experience (93 percent) Years of experience (71 percent) Personality/cultural fit (65 percent)

What Seals the Deal for New Hires?

(percent respondents)Salary (95 percent) Stability of position (89 percent) Company’s reputation (86 percent)

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