Monday, September 12, 2011

CIOs Reveal Fourth-Quarter Hiring Plans

Technology executives expect information technology (IT) hiring to continue in the fourth quarter of 2011, according to the just-released Robert Half Technology IT Hiring Index and Skills Report. In the latest quarterly survey, 12 percent of chief information officers (CIOs) said they plan to expand their IT departments, and 6 percent expect cutbacks, for a net 6 percent projected increase in hiring activity. This is up two points from the previous quarter's projections.

Key Findings
-- The net 6 percent increase in anticipated IT hiring activity is up two points from a net 4 percent increase in hiring activity projected last quarter.

-- Ninety-two percent of CIOs are confident in their companies' growth prospects in the next three months, up five-points from last quarter.

-- Eighty-eight percent of technology executives rated the confidence of their firms investing in IT projects in the fourth quarter a 3 or higher on a 5-point scale, with 5 being the most optimistic.

-- IT security and networking professionals are in greatest demand right now, according to survey respondents.

-- Two-thirds (66 percent) of CIOs said it's challenging to find skilled professionals today, up eighteen points from the previous quarter.

Confidence in Business Growth and IT Investments

Ninety-two percent of CIOs reported being at least somewhat confident in their companies' prospects for growth in the fourth quarter of 2011; 39 percent rated the probability of investing in IT projects a 4 or higher on a 5-point scale, with 5 being the most optimistic.

Skills in Demand

The functional areas in which executives say the greatest challenge in finding skilled IT professionals are security (18 percent) and networking (17 percent). Data/database management and help desk/technical support followed, each with 11 percent.

Network administration remains the skill set in greatest demand, cited by 63 percent of CIOs. Desktop management ranked second, with 50 percent of the response, followed by desktop support at 43 percent.

Industries Hiring

Executives in the transportation industry expect the most IT hiring in the fourth quarter. A net 18 percent of CIOs in this sector plan to expand their IT departments. This was followed by the business services industry with a net 12 percent of technology leaders anticipating hiring increases. Manufacturing and wholesale were next, with a net 10 percent and 9 percent, respectively, of executives in these industries planning to add staff.

More information on IT hiring can be found at www.SupportIndustry.com.

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