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The future looks bright for IT workers

Sarah K. White | March 22, 2016
Business are starting to invest more in IT, and that means they're also investing in IT workers. A study from Brilliant found that Q4 hiring for IT has remained steady, as businesses search for qualified tech workers.

The IT skills gap and talent shortage remains an ongoing business challenge as technology becomes the cornerstone of nearly every industry. That shift means there is a bigger demand for tech pros with specific skill sets; and companies are hiring qualified individuals faster than schools can graduate candidates with the right skills.

A recent survey from Brilliant, a staffing firm that specializes in temporary staffing, permanent search, and management resources for accounting, finance and information technologies, in conjunction with Richard Curtin, director of Surveys of Consumers at the University of Michigan, found that companies are still hiring in the IT industry, and businesses are looking to fill open positions. The survey looked at data from human resources and hiring manager professionals across a number of industries to find out what their hiring goals are, and how they've changed over the previous quarters.

The study found that open and unfilled IT positions dropped compared to the Q2 2015 hiring forecast, from 58 percent of companies in Q2 to 33 percent in Q4. The largest growth in jobs occurred in technical services, at 15 percent, which includes jobs such as help desk personnel and desktop support. There was a decline in openings for software and database administration positions, including jobs in big data. And businesses are looking to fill these openings immediately with only 4 percent of respondents suggesting they want to wait until after Q4 to hire.

"The biggest challenge is that there continues to be a limited supply of talented IT professionals. Therefore, we anticipate an increased pressure on salaries and wages. As a result, the compensation for IT professionals will continue to increase, while companies will be forced to increase spend on IT. Further, this increase in demand for IT professionals will also lead to more companies willing to hire interim or contract professionals rather than hire on a permanent basis," according to Jim Wong, CEO of Brilliant.

A job seekers market

The upside to the skills gap is that those who do have the right skills are in a good position to find the best job offer. Essentially, it's a tech job-seekers market and companies are moving to attract people with competitive offers and perks.

The most recent study found that 37 percent of respondents said they were turning to temporary professionals to fill the skills gap. This is decline in temporary workers from the Q2 hiring study, which found that 63 percent of businesses were using temp hires. The study suggests that this decrease points to successful hiring in the past and the overall decline in projected openings for additional IT staff.

Not the lack of skills you might think

 

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