The technology hiring picture shows tiny growth as companies patiently await skilled job candidates. The operative word in -cautious optimism' is still caution when it comes to filling IT positions.
There
are some unfortunate facts about the technology jobs picture right now, and
while technology opportunities do exist, headcounts for IT in 2010 are not
growing appreciably, according to research from technology analysts at Gartner.
The
Stamford, Conn.-based researchers found the rate of increase in headcount for
the year is just over 6 percent, based on a survey it conducted of 358 U.S. companies from March
2009 to February 2010. Cost containment-the mantra of 2009-appears to still
have a place in 2010 hiring practices despite marked increases in projects
attached to revenue driving.
"These
survey results continue to show a slow job market with organizations being
cautious about increasing staff levels, leading to fewer new hires and more
vacancies left unfilled," said Lily Mok, vice president at Gartner, in a
Sept. 2 statement. "While we expect hiring activities to slowly pick up
over the next 12 to 18 months as market conditions improve, we think it is
unlikely that many IT organizations will return to their pre-recession staffing
levels."
Employees
are in hold-onto-your-job mode: Voluntary turnover rates are down to record low
levels of 3 percent. The time needed to fill job vacancies has also come down
from more than 3 months to just under 3 months, which is an improvement. Over
the year-long time frame of the study, one third of companies (
28
percent) reported
hiring levels to be completely flat.
But
what does it mean for workers? It means that companies are being extremely
choosy and careful with their hiring and patiently waiting for exact skill and
cultural fits. Companies want high-performing employees who will have an impact
on the business, and they're willing to take their time in finding the right
fit for the few openings they have.
"Despite
the fact that there was some level of ease in hiring during the last 12 months,
IT organizations continued to face challenges in finding quality candidates for
a number of jobs," said Mok. "Even though there may be more people
available to hire in the market, they don't necessarily have the right skills
for the available jobs."