Bigger Budgets, Higher Salaries Expected in 2013
Yes, it's the time of the year when we provide some informed predictions to give you a sense of what to expect in 2013. Fortunately, the forecasts won't send you hiding beneath your desk in a frenzied panic. Many CIOs and other tech leaders are anticipating an encouraging, growth-oriented environment overall, according to a recent survey from TEKsystems, an IT staffing solutions company. A considerable number of these execs expect tech budgets to grow, with an increase in staff salaries as well. The latter remains key, given that CIOs and other tech managers are dealing with the departure of retiring Baby Boomers and competing for available talent to fill the gaps. They're also facing greater challenges in hiring skilled IT workers who can help them maximize the use of emerging, organization-benefiting tech innovations. "IT leaders' focus on needs such as business intelligence and cloud architectures is naturally driving the demand for related skills," says Jason Hayman, market research manager for TEKsystems. "Successfully delivering ROI on these initiatives makes hiring the right people very important, especially for skills expected to have the greatest business impact." More than 600 CIOs and other IT leaders took part in the research.
Only 15% of those who think these retirements will create problems have incentives in place to keep baby boomers on the job.
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