Eight out of ten CIOs are confident their company will achieve growth in 2014 and over a third plan to expand their IT teams; however 95% say it is challenging to recruit quality IT professionals and there is concern about losing top staff. These are among the key findings of the 2014 Salary Guide released today by specialist technology recruitment firm, Robert Half.
A survey of 100 Chief Information Officers (CIOs) across Australia, found that 78% are confident about the nation’s economic prospects for the year ahead. In particular, eight out of ten (84%) IT executives expect their business to grow this year with key drivers being:
- 58% new projects;
- 47% new market penetration;
- 45% product or service expansion.
The 2014 Robert Half Salary Guide indicates that an increase in demand for IT professionals will lead to 38% of firms adding new IT positions. However, in doing so, the majority (95%) of CIOs say it is challenging to find and attract quality employees.
Given the difficulty in sourcing talent, it is not surprising that 85% of business leaders are concerned about losing their top staff – a figure which rises to 100% of large organisations (500-plus employees).
David Jones, Managing Director of Robert Half Asia-Pacific says, “in the current business environment, remuneration plays a significant role in attracting and retaining top IT talent”.
Research shows that one in two Australian CIOs (55%) plan to increase remuneration for their IT team in 2014, rising to 72% of firms in NSW.
“Companies need to think about what they can offer their IT staff. We are seeing employers explore additional ways to attract and retain employees that don’t always involve direct remuneration. Initiatives include providing a more positive office environment such as ‘green’ workplaces, and the flexibility around hours or telecommuting,” said David Jones.
IT skills that are highly sought after by employers include virtualisation, application development and security. In terms of software skills, demand is strong for expertise in HTML 5, CSS, LESS, UX/UI, SQL BI and TM1 as well as .net, Sharepoint and Sitecore. MCSE certified engineers with experience in technologies such as CISCO, Citrix, Active Directory, Exchange and Win 7/8 are needed from an infrastructure standpoint.
According to Jones, “demand is robust for graduates with skills in infrastructure support and web development, particularly in open source technologies. While many companies prefer candidates to have a few years of experience, when it comes to newer technologies, just one year of commercial experience may be all that is required for graduates to be a viable candidate for a role.”
The rapid pace of technological change continues to drive the need for new talents and abilities in the IT sector.
“Strong IT capability is integral for businesses to grow and remain competitive; hiring and retaining the top talent allows firms to maximise the benefits that developing technologies can deliver to bottom line results”, concludes David Jones.
The 2014 Robert Half Salary Guide provides comprehensive analysis of current and future hiring trends including salary benchmarks. A full copy can be downloaded from roberthalf.com.au.
Notes to Editors:
The 2014 Technology Salary Guide was developed by Robert Half in conjunction with an independent research organisation and surveyed 100 Chief Information Officers (CIOs) in companies across Australia.
Public Relations Manager, Asia Pacific
Tel: 02 8028 7751
Email: [email protected]