Wednesday, December 14, 2011

Demand for IT Talent Projected to Continue Growing in 2012

By Kimberley Donoghue
PBN Web Editor
: Published online Dec 14, 2011
Twitter: @ kdonog
 





NEW YORK – Demand for technology professionals will continue in the first half of 2012, with 65 percent of hiring managers or recruiters affirming they will be expanding their work force, according to Dice.com.

The career site for technology professionals conducted a survey from Nov. 14 to Nov. 18 of 1,200 information technology hiring managers or recruiters.

More than one quarter, 27 percent, of those hiring are looking to expand their staff by more than 20 percent in first six months of the new year.

“The tech recruiting market is active, although the pace of improvement has been impacted by broader economic concerns,” said Alice Hill, managing director of Dice.com. “Many companies are chasing mid-career talent. The elevated economic uncertainty makes it tougher for hiring managers to lure tech professionals into leaving their current position.”

Other highlights from the “Special Edition, Hiring Survey” included:
  • 42 percent predict salaries for new hires would grow, down from 47 percent in May 2011.
  • 48 percent said that time to fill vacancies is longer this year.
  • 57 percent said it takes longer to hire new professional due to a lack of qualified talent; 31 percent attributed it to the economy.

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