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Tech Employee Confidence Brightens in 2Q 2011

By Dennis McCafferty on 2011-08-05


Awaiting a return to the economic “good old days” is starting to fell like an endless car trip. “Are we there yet?” rings the eternal refrain. Given a host of lingering doubts about employment trends, the debt crisis, the international financial forecast and other critical issues, this bumpy ride may last a while longer. That said, occasional encouraging signs continue to emerge, most recently with the Q2 2011 “Confidence Index” survey of IT workers from IT staffing firm Technisource. Overall, the index remains relatively positive. Workers maintain an optimistic view about their company’s future. And if they’re having doubts, they’re also finding more jobs available to them now than in the recent past. Workers also maintain a hopeful view about the economic future of their companies. “We are seeing more stabilization in the confidence levels of IT professionals,” says Michael Winwood, president of Technisource. “However, the likelihood of workers to look for other opportunities continues to grow. Employers need to continue to provide their top talent with training and development programs to keep them from doing so.” The survey also breaks down differences among genders and age groups on these topics. More than 225 tech employees took part in the research.

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56.2 is the official IT Employee Confidence Index rating for Q2 2011, only slightly lower than in Q2 2011.

70% of respondents in Q2 2011 are confident in the future of their employer, up from 64% in the previous quarter.

71% of respondents believe it is unlikely they’ll lose their jobs, a percentage that has held steady across Q1 and Q2 2011.

65% of respondents in Q2 2011 believe the economy is either getting better or stable, which is down from 69% who said the same in Q1 2011.

21% of respondents believe there are more jobs available now than in the recent past, a figure that has held steady across Q1 and Q2.

Only 22% of respondents in Q2 2011 are not confident in their ability to find a new job, down from 25% in Q1.

35% of respondents are considering a job change in Q2 2011, up from 32% last quarter.

43% of female respondents think the economy is getting stronger, compared to just 26% of male respondents who feel the same way.

Just 14% of respondents aged 45 to 54 feel that more jobs are available now than in the recent past, compared to 28% of respondents aged 34 or younger.

75% of female respondents are confident in the future of their employer, compared to 69% of male respondents.

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