Robert Half Technology Survey Finds Uptick in IT Hiring Projections
TORONTO, Sept. 13 /CNW/ - Technology executives expect information technology (IT) hiring to continue in the fourth quarter of 2011, according to the just-released Robert Half Technology IT Hiring Index and Skills Report. In the latest quarterly survey, 24 per cent of chief information officers (CIOs) said they plan to expand their IT departments, and 2 per cent expect cutbacks, for a net 22 per cent projected increase in hiring activity. This is up eight points from the previous quarter's projections.
The IT Hiring Index and Skills Report is based on telephone interviews with more than 270 CIOs from companies across Canada with 100 or more employees. Executives are asked whether their companies plan to increase or decrease the number of full-time IT personnel on their staff during the coming quarter. The survey is conducted by an independent research firm and developed by Robert Half Technology, a leading provider of IT professionals on a project and full-time basis. Robert Half has been tracking IT hiring activity in Canada since 2000.
- The net 22 per cent increase in anticipated IT hiring activity is up
eight points from a net 14 per cent increase in hiring activity
projected last quarter.
- Eight-six per cent of CIOs are at least somewhat confident in their
companies' growth prospects in the next three months, down seven
points from last quarter.
- Sixty-one per cent of technology executives rated the confidence of
their firms investing in IT projects in the fourth quarter a "4" or
higher on a 5-point scale, with "5" being the most optimistic. This
is up nine points from the last quarter.
- Systems and networking professionals are in greatest demand right
now, according to survey respondents.
- Nearly half (49 per cent) of CIOs said it's challenging to find
skilled professionals today, unchanged from the previous quarter.
"A growing number of CIOs are optimistic about their hiring outlook, and there is greater demand for IT professionals who can help firms maximize their efficiencies with new and existing technologies," said Lara Dodo, a regional vice president of Robert Half Technology in Canada. "Companies must also take steps to enhance their retention efforts, particularly with those positions in greatest demand, as these valued employees could be presented with other attractive opportunities."
Confidence in Business Growth and IT Investments
Eighty-six per cent of CIOs reported being at least somewhat confident in their companies' prospects for growth in the fourth quarter of 2011; 61 per cent rated the probability of investing in IT projects a "4" or higher on a 5-point scale, with "5" being the most optimistic.
Skills in Demand
The functional areas in which executives cite the greatest challenge in finding skilled IT professionals are systems administration (17 per cent) and networking (16 per cent). Applications development followed, with 11 per cent of the response.
Network administration remains the skill set in greatest demand, cited by 76 per cent of CIOs. Windows administration ranked second, with 75 per cent of the response, followed by desktop support at 70 per cent.
Executives in the finance, insurance and real estate industry expect the most IT hiring in the fourth quarter. A net 31 per cent of CIOs in this sector plan to expand their IT departments. This was followed by the retail and transportation industries, each with a net 30 per cent of technology leaders anticipating hiring increases. Wholesale came next, with a net 29 per cent of executives planning to add staff.
About the Survey
The quarterly IT Hiring Index and Skills Report was developed by Robert Half Technology and conducted by an independent research firm. First published in 1995, the study is based on more than 270 telephone interviews with CIOs from a random sample of Canadian companies with 100 or more employees. In order for the study to be statistically representative and ensure that companies from all segments were represented, the sample was stratified by industry and number of employees. The results were then weighted to reflect the proper number of employees within each region. The margin of error for this study is +/-5.0 per cent at the 90 per cent level of confidence.
Information from the study is featured in the Robert Half Professional Employment Report, which was launched last year and is the first study of its kind to monitor the hiring environment for professional-level positions exclusively. Based on more than 1,000 telephone interviews with executives throughout Canada, it provides insight on employment trends to help businesses and job seekers prepare for the upcoming quarter. To see how hiring within the technology profession has changed since last quarter and how it compares to other sectors, please visit www.roberthalf.ca/per.
About Robert Half Technology
With more than 100 locations worldwide, Robert Half Technology is a leading provider of technology professionals for initiatives ranging from web development and multiplatform systems integration to network security and technical support. Robert Half Technology offers online job search services at www.rht.com.
SOURCE Robert Half Technology
For further information: TO SPEAK WITH A LOCAL EXPERT, CONTACT: Robert Half Technology, Contact: Nadia Santoli, (416) 350-2330, email@example.com