Average 2012 IT budgets increased to 10.2% from 8.5% in 2011. The 10th Annual Tech Leadership survey also revealed 42% of Tech Leaders plan to increase IT staff this year (up by 13% compared to 2011). And 57% of Tech Executives are concerned about losing top IT talent in 2012 (up by 14%). The top reason continues to be compensation with a 58% response (up by 35% from 2011).
The number of companies offering professional development and technical training jumped to 88% in 2012 from 63% in 2011 (almost a 40% increase). And for the first time since 2006, employee retention and training came up as key non-technology priorities for IT hiring executives. .
A marked shift is also taking place towards direct employment versus temp staffing in this year's survey, showing the balance of direct employees up by 21% compared to 2011. "Employers are more confident about making longer term hiring decisions in IT which can further propel corporate growth and streamline operations," said Vazquez.
The 8th Annual Tech Talent survey showed the most important aspects when considering a job being salary; followed by stability, benefits, work-life balance and career growth. Flextime/telecommuting was cited as the best perk offered by a past/present employer followed by bonuses (including sign-on, retention and annual bonuses).
Employees received an average 2011 pay increase of 3.5% from the 2% they received in 2010. "We are effectively now in an employee-driven market due to low unemployment in IT and specialized candidates weighing multiple job offers," said Vazquez.
PROTECH surveyed over 700 IT Director to CIO level executives for its 10th annual Tech Leadership Survey; and over 15,000 IT professionals for its 8th annual Tech Talent survey. All participants are located in Florida's Broward, Miami-Dade and Palm Beach counties.
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