IT Salaries, Hiring Prospects Expected to Keep Climbing: Dice
The job market for IT professionals is holding up quite well, with rising salaries and lots of open positions.As millions of Americans continue to struggle as the job market sputters, IT specialists are finding themselves in a much better position, with expectations that IT staff hiring will continue to rise, along with salaries, according to the latest survey from online IT employment company Dice. Nearly three-quarters (73 percent) of IT-focused recruiters and hiring managers expect companies to add more tech staff in the second half of 2012, the survey found. In addition, 58 percent of corporate hiring managers noted IT staff salaries were higher than last year. The survey suggests the addition in hiring is not to replace departing employees, with just 37 percent of corporate hiring managers saying voluntary departures have increased thus far in 2012. Bonuses and non-monetary compensation (like more flexible hours or longer vacation time) are also being considered by companies struggling to find qualified IT workers. "Our customers tell us it's hard to entice tech professionals out of their current positions," Tom Silver, senior vice president of North America for Dice, said in a prepared statement. "There is just not enough confidence for professionals to leave what they know behind and take a chance with their careers."
However, the survey indicated the time to fill open positions had shortened, with 24 percent saying it was less than six months ago. Companies recruiting for new positions was cited as the main reason for the shortening, according to survey results. Still, tech professionals shouldn't expect an easy search process, because more respondents (45 percent) noted extended hiring timesmainly due to the inability to find qualified professionals, followed by hiring managers still waiting for the perfect candidate, the report noted.