It employment and sources trends 2014 final
Upcoming SlideShare
Loading in...5
×
 

It employment and sources trends 2014 final

on

  • 294 views

IT employment, sources and trends

IT employment, sources and trends

Statistics

Views

Total Views
294
Views on SlideShare
292
Embed Views
2

Actions

Likes
0
Downloads
7
Comments
0

2 Embeds 2

https://www.linkedin.com 1
http://www.linkedin.com 1

Accessibility

Categories

Upload Details

Uploaded via as Microsoft PowerPoint

Usage Rights

© All Rights Reserved

Report content

Flagged as inappropriate Flag as inappropriate
Flag as inappropriate

Select your reason for flagging this presentation as inappropriate.

Cancel
  • Full Name Full Name Comment goes here.
    Are you sure you want to
    Your message goes here
    Processing…
Post Comment
Edit your comment
  • &lt;number&gt; <br /> US News recently released their best jobs of 2014 which are based on employment opportunity, good salary, manageable work-life balance, and job security. <br />

It employment and sources trends 2014 final Presentation Transcript

  • 1. Proprietary and Confidential 1 IT employment and sources trends 2014
  • 2. Proprietary and Confidential 2 Trends in IT in 2014 IT trends to watch in 2014 • Cloud strategies – Outsource the infrastructure, platform services and application services to the cloud and transition to web browser delivery away from thin client solutions. • Big data skills heat up – Companies have been quick to adopt and invest in social, mobile and cloud, but the rise of these technologies has created huge amounts of data to be analyzed. Big data demands a new breed of data scientists, and advancements in mobility, social and sensing technologies rely on resetting the design and architecture of applications and user interfaces. • Mobility and mobile applications – The percentage of the IT development budget allocated to mobile apps has risen considerably. Some companies report that as much as 60% of their recent development budgets has been earmarked for mobile apps. Unsurprisingly, SAAS front office application providers are now moving towards more integrated mobile applications. • Social media – CIOs must ensure that social media channels are natively incorporated into the front office application. The primary aim is channel optimization in order to discover and harness the value of passive candidates and to use the channel to promote the company and its services. • Human interaction technology – the technology works by understanding natural language, breaking down the barrier between people and machines. It generates a premise, and provides a dialogue that generates appropriate answers. It also learns and becomes increasingly competent to improve the user experience. Source: Computerworld, January 2014 and Staffing Industry Analyst, December 2013 “The importance of technology to business success has never been greater as IT continues to transition from a supporting tool to a strategic driver,” said Tim Herbert, vice president, research, CompTIA.
  • 3. Proprietary and Confidential 3 Employment trends in IT The IT job market slows but use of contingent IT labor is still strong • IT job growth slides – IT labor analysts agree that the pace of IT job creation began to slow down late last summer. They don't agree on the number of jobs created in 2013, however the hiring trend is clear. • Battles over H-1Bs – Most of the job growth in IT last year was in consulting areas represented heavily by H-1B visa holders using outsourcing firms, both onshore and offshore. Outside of those areas, there is no evidence of galloping growth in IT employment. • More electrical engineers do their own thing – IEEE-USA data shows that the number of electrical engineers declined last year by 10.5%. U.S. Labor Department reported that 15,000 electrical engineers were unemployed. Anecdotally, some engineers may have moved into management consulting, software engineering and other IT occupations. • Job ads that bury candidates with requirements – Employers want workers who understand the business and technology. This trend is increasing the mix of requirements to get an IT job. Gartner research estimates that by 2017, 50% of the IT roles will require business knowledge. • Salaries flat for computer science majors – For computer science majors, a category which includes a broad selection of IT degrees, starting salaries were down 0.2%. For those students with a specific computer science degree, starting salaries were up 0.5%. Source: Computerworld, January 2014 The IT job market is slowing down, use of contingency workers is picking up, and Congress has an unfinished fight ahead on the H-1B visa. In summary, this is going to be an interesting year for IT employment, politically and on the job front.
  • 4. Proprietary and Confidential 4 Best places to find the best technical jobs US News recently released their best jobs of 2014. For the first time ever, an IT job ranked #1, as tech and healthcare jobs dominated the top of the list. Business occupations also had a strong showing throughout the entire rankings of "best jobs.“ Below are the best IT jobs, and which locations present the best recruiting conditions for each job. • Software Developer – the most in-demand occupation of the "best tech jobs" and across all IT positions. Despite being in high demand by employers, this position still ranks on the harder-to-fill side, although isn't the most difficult to recruit on average. Employers in San Francisco and Atlanta are likely to encounter the most difficult recruiting conditions. The best conditions are likely to be in Olympia and Spokane, WA, Gainesville, FL, Sioux City, SD and Lincoln, NE. • Computer Systems Analysts – are as hard-to-fill on average as software developers. This position is most difficult to recruit in Portland, OR and Lansing, MI. Kennewick, WA, 200 miles from Portland, would be a favorable, alternate location to consider when sourcing. Employers in Lansing can reduce hiring difficulty by sourcing in Flint, located about 50 miles away. Demand for computer systems analysts is highest in Washington, DC and New York, where conditions are also likely to be challenging. Recruiters in the New York metro can look to source talent in the nearby city of Poughkeepsie, NY. Other favorable recruiting locations are Kingsport, and Bristol, TN, Palm Bay, Melbourne, and Titusville, FL. • Web Developers – had the second largest number of job ads posted online during January. This position is one of the hardest to fill across the country. Even employers filling jobs in the cities with the least difficult recruiting conditions are still likely to experience challenges. Cities with more favorable conditions are South Bend and Mishawaka, IN, Scranton and Wilkes-Barre, PA, Eugene and Springfield, OR, Kennewick, WA, and Fayetteville, AR, although they will still be a challenge. • Information Security Analysts – of the "best tech jobs," had the fewest number of job ads posted online in January. This also is one of the hardest positions to fill across the country. There aren't any "easy" locations in the US. Employers may want to invest in training and development programs for new hires or existing employees. The ‘best’ locations are Rochester, NY, Madison, WI, San Bernardino, CA, and Tucson, AZ. • Database Administer –is also difficult-to-fill position. The greatest difficulties are likely to be in Lansing, MI, and Charlotte, NC. Favorable recruiting locations are Riverside, CA, Knoxville, TN, Rochester, NY, and Montgomery, AL. Source: Wanted Analytics and US News – February, 2014
  • 5. Proprietary and Confidential 5 Salaries and confidence rise for U.S. tech professionals • Competitive market for tech pros boosts merit increases – Salary increases were more likely for tech professionals early in their career or with one to five years of experience, while bonuses are being used for more experienced tech professionals. Tech salary satisfaction is slipping, but the majority is confident that they can find new positions. • California still on top – Silicon Valley tops the list of highest paid metropolitan areas when it comes to tech talent, with an average annual salary of $108,603 and an average annual bonus of $12,458. Most of the top ten markets enjoyed year-over-year salary increases at or above the national average, including Los Angeles, New York, Denver, Philadelphia, and Austin. • Big data dominates top paying skills – Professionals with big data oriented languages, databases and skills garnered the highest pay checks. Companies are betting big that harnessing data can play a major role in their competitive plans and that is leading to high pay for critical skills. • Employers providing motivators to retain talent – While 66% of employers responded that they are providing motivators to retain talent, 34% of technology professionals indicated no motivator provided by their employer. Interesting and challenging assignments, increased compensation and flexible work location among top motivators. Source: Dice Tech Salary Survey, January 2014 Employers are using selective and strategic increases in compensation to hold onto experienced tech talent as they understand Technology professionals can easily find ways to grow their career in 2014. The survey shows two- thirds of respondents (65%) confident in finding a new, better position. That overwhelming confidence matched with declining salary satisfaction (54%, down from 57%) will keep tech- powered companies on edge about their retention strategies.
  • 6. Proprietary and Confidential 5 Salaries and confidence rise for U.S. tech professionals • Competitive market for tech pros boosts merit increases – Salary increases were more likely for tech professionals early in their career or with one to five years of experience, while bonuses are being used for more experienced tech professionals. Tech salary satisfaction is slipping, but the majority is confident that they can find new positions. • California still on top – Silicon Valley tops the list of highest paid metropolitan areas when it comes to tech talent, with an average annual salary of $108,603 and an average annual bonus of $12,458. Most of the top ten markets enjoyed year-over-year salary increases at or above the national average, including Los Angeles, New York, Denver, Philadelphia, and Austin. • Big data dominates top paying skills – Professionals with big data oriented languages, databases and skills garnered the highest pay checks. Companies are betting big that harnessing data can play a major role in their competitive plans and that is leading to high pay for critical skills. • Employers providing motivators to retain talent – While 66% of employers responded that they are providing motivators to retain talent, 34% of technology professionals indicated no motivator provided by their employer. Interesting and challenging assignments, increased compensation and flexible work location among top motivators. Source: Dice Tech Salary Survey, January 2014 Employers are using selective and strategic increases in compensation to hold onto experienced tech talent as they understand Technology professionals can easily find ways to grow their career in 2014. The survey shows two- thirds of respondents (65%) confident in finding a new, better position. That overwhelming confidence matched with declining salary satisfaction (54%, down from 57%) will keep tech- powered companies on edge about their retention strategies.