1Modest Job Growth in the Cards
2Where the Jobs Are
For the second year in a row, tech executives surveyed by KPMG said they expect the United States to have the highest percentage of employment growth over the next two years. This year, China replaced India as the second-highest market for employment growth during that period. Tech executives also said they anticipate that the United States will lead in revenue and R&D growth in the next two years.
3A Similar Take on Jobs
4IT Salaries Edge Up
5Job Turnover Is Low
6Delayed Economic Gratification
7More Execs See Modest Revenue Growth
KPMG found in both its 2011 and 2012 studies that 77 percent of tech executives expect revenue at their companies to be higher within a year. This year, though, 67 percent said their revenue would be up modestly, compared with 60 percent in the 2011 study. The percentage of this year’s respondents, who said growth would be about the same, was little changed from last year’s figure. Only a small percentage of respondents in both the 2011 and 2012 surveys expected revenue to decline.
8Guarded Optimism on R&D Spending
9Modest Gains in Capital Spending
More than half the tech executives KPMG surveyed anticipate overall growth in capital spending, similar to last year’s figure. But this year, 27 percent said they expect capital investments to rise about 1 to 5 percent in the next year, compared with 22 percent in the 2011 study. In both years, more than a third said capex would be about the same.