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IT Management Slideshow:
IT Temp Work Skyrockets

By Dennis McCafferty on 2010-10-28


CIOs and other senior managers are turning to contract and temporary hires more than ever now in light of continuing economic challenges. In fact, the pace of hiring temp workers is growing three times faster than during the last recovery, according to analysis of Bureau of Labor Statistics by tech jobs site Dice.com, which augmented the analysis with data from its own site. The findings demonstrate that full-time IT jobs are also on the rebound. Indeed, the unemployment rate for tech professionals (4.3 percent) is far lower than the overall national average (9.6 percent). The wealth of temporary and contractual IT work being created demonstrates the growing emphasis on flexibility among CIOs, who want to make sure that enough talent is available to get the job done while keeping their options open with respect to staffing levels. Hiring a full-time worker, after all, is a long-term commitment that often requires the provision of costly benefits. A contractual/temp “hired gun” requires no benefits and can be brought on board for a single, demanding IT project.

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4.3 precent

4.3 percent is the unemployment rate for technology professionals. The overall national unemployment rate is 9.6 percent.

400,000

400,000 temporary tech job positions have been created nationwide in the last 12 months.

Three years

Three years is the amount of time it took to build up the same number of temp jobs during the last economic recovery.

70,798

70,798 is the total number of tech jobs available on Dice.com as of Oct. 1, 2010, up 38 percent over the previous year.

What's the position breakdown for those jobs?

Fulltime: 42,502 Contractual: 32,413 Part-time: 1,551

$61.56

$61.56 per hour is the national average IT contract rate.

Approximately 50 percent

50 percent is the rate of growth for both full-time and contractual openings since the economy reached its low point in 2009.

No. 1 metro area for available tech jobs?

New York/New Jersey: 8,495 positions posted at Dice.com as of Oct. 1, up 32 percent from Oct 1, 2009.

Other top cities for IT jobs(year-on-year percent increase):

Washington/Baltimore: 7,756 jobs (+ 13 percent)Silicon Valley: 4,567 jobs (+ 64 percent)Chicago: 3,069 jobs (+ 47 percent)Los Angeles: 2,791 jobs (+ 34 percent)Boston: 2,544 jobs (+ 39 percent)

Top IT jobs in demand?

Java developersDatabase administratorsSpecialists in virtualizationExperienced project managers

Four hiring tips

1. Make sure the contractor understands the scope and work expectations before committing.

Four hiring tips

2. Research whether the contractor is accurately representing his or her skillset, experience.

Four hiring tips

3. Get a sense of whether the contractor will be able to work as a good team player with your staff.

Four hiring tips

4. Ensure that the contractor will take ownership of project duties.

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