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Technisource Survey Finds Increased IT Hiring on the Horizon
(June 2, 2010) - More than three-quarters (78 percent) of HR managers or recruiters who have responsibility in recruiting technology positions are looking to hire IT workers in the next six months, according to the 2010 IT HIRE Intelligence Survey conducted by Monster.com, the leading global online career and recruitment resource and flagship brand of Monster Worldwide, Inc., on behalf of Technisource. In addition, the vast majority of respondents are confident that their company's performance will improve across the same time period. The combination of new hires that IT hiring decision-makers are projected to place bodes well for a continued job market recovery.
Among the key findings:
- 76 percent of respondents have confidence that their company's performance will improve in the next six months.
- 78 percent of respondents plan to hire IT staff in the next six months.
- When asked what technology oriented positions IT hiring managers were looking to fill, applications and infrastructure positions took the lead.
- Of the companies planning to hire, only 26 percent are new openings and only nine percent are replacement positions. The remaining percentage is a combination of both.
- When recruiting IT talent, job boards, referrals, and social media, are top methods for doing so, according to IT HR technology managers and recruiters.
- According to respondents, salary and stability of position lead in recruiting technology talent to an organization, but a company's reputation came in a close third in order of importance.
"This new report clearly shows that the IT hiring picture is bright and there seems to be a need for large amounts of IT professionals over the next six months," said Michael Winwood, president of Technisource. "Many companies are not only starting to invest in projects that were previously put on hold, but also new technologies. To ensure these get implemented efficiently, companies need to invest in additional talent. We believe these key learning's could be contributing factors to the overall stabilization of the economy. It seems that the recessionary train of thought is changing - companies are clearly focusing on growth opportunities instead of basic survival mode."
Methodology
The Technisource IT HIRE Intelligence Survey was conducted online within the United States by Monster Worldwide on behalf of Technisource between April 16 and May 13, 2010 among a U.S. sample of 245 HR managers or recruiters who indicated they have specific responsibility to recruit for technology positions for their company or acting as an agent on behalf of another company.
All sample surveys and polls, whether or not they use probability sampling, are subject to multiple sources of error which are most often not possible to quantify or estimate, including sampling error, coverage error, error associated with nonresponse, error associated with question wording and response options, and post-survey weighting and adjustments. Therefore, Monster feels the use of "margin of error" is misleading. All that can be calculated are different possible sampling errors with different probabilities for pure, unweighted, random samples with 100% response rates. These are only theoretical because no published surveys come close to this ideal. Respondents for this survey were randomly selected from among those who have agreed to receive communication from Monster, so no estimates of theoretical sampling error can be calculated.
About Technisource
Technisource, one of the largest technology services providers in North America, delivers a wide range of staffing, management services and technology solutions. With nearly 40 years of experience, Technisource provides services to a broad range of clients to maximize their technology investments. Focused on quality, flexibility and value, the company's service offerings range from IT staffing, deployment and support services to software quality management, strategic projects and outsourcing.
Through its network of more than 48 offices across the U.S., Technisource maintains a group of 8,000 experienced consultants and employees that deliver its portfolio of service offerings to Fortune 500 corporations, mid-sized companies and small organizations.
Technisource is a subsidiary of SFN Group, Inc. SFN operates a family of specialty businesses providing strategic workforce solutions in professional services and general staffing. To learn more, please visit www.technisource.com.
About Monster Worldwide
Monster Worldwide, Inc., parent company of Monster, the premier global online employment solution for more than a decade, strives to inspire people to improve their lives. With a local presence in key markets in North America, Europe, and Asia, Monster works for everyone by connecting employers with quality job seekers at all levels and by providing personalized career advice to consumers globally. Through online media sites and services, Monster delivers vast, highly targeted audiences to advertisers.
Monster Worldwide is a member of the S&P 500 index. To learn more about Monster's industry-leading products and services, visit www.monster.com. More information about Monster Worldwide is available at http://www.about-monster.com.
SOURCE Technisource
Colleen Gildea
colleen@interbiznet.com
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