CIOs FORECAST CONTINUED STRENGTH IN TECHNOLOGY HIRING

New England and West South Central Regions Anticipate Greatest Need for Talent in First Quarter

Dec 22, 2000
12:19pm

MENLO PARK, CA -- Chief information officers (CIOs) remain optimistic about information technology (IT) hiring during the first three months of 2001, according to RHI Consulting's quarterly Information Technology Hiring Index. Twenty-four percent of executives surveyed from a cross section of industries said their firms plan to add IT personnel in the upcoming quarter, while just 3 percent expect staff reductions. The net 21 percent increase in hiring activity remains on par with fourth-quarter 2000 projections.

The national poll includes responses from more than 1,400 CIOs from a stratified random sample of U.S. companies with 100 or more employees. It was conducted by an independent research firm and developed by RHI Consulting, a leading consulting services firm that provides information technology professionals on a project and full-time basis.

"The job market for technology professionals remains strong across all industries and is encouraging many firms to place greater emphasis on recruiting and retention strategies," said Katherine Spencer Lee, executive director of RHI Consulting. "IT job candidates today seek benefits that go beyond basic salary and stock options, including advanced technical training and the opportunity to work with leading-edge technologies."

Spencer Lee added, "As more and more companies rely on web-based business applications, ensuring the integrity of these systems has become paramount. As a result, companies nationwide are actively hiring UNIX administrators, Internet developers and technical support specialists at all levels."

Regional Outlook

For the second consecutive quarter, CIOs in the New England region lead the nation in employment optimism. Thirty-one percent of executives expect to add IT staff while only 2 percent anticipate cutbacks, for a net hiring increase o 29 percent. "Expansion in such industries as financial services and tourism is generating strong demand for technical talent," Spencer Lee said. "Experienced candidates skilled in web applications development, including Java, Javascript and C++, are highly sought after."

Technology executives in the West South Central states also forecast notable staffing activity in the next three months. Thirty-two percent of CIOs plan to expand their departments and 4 percent project reductions, for a net 28 percent increase in hiring. "Growth among the region's telecommunications firms is resulting in demand for IT personnel at all levels," Spencer Lee said.

Employment projections are also expected to exceed the national average in the Pacific region, where CIOs forecast a net 26 percent rise in employment.

Industries Hiring

Technology hiring is forecast above the national average in the retail; finance, insurance and real estate; and construction sectors, where CIOs expect net gains of 32 percent, 27 percent and 23 percent, respectively, over the next three months.

The following charts provide breakdowns by region and industry:

IT Hiring: Comparative Data

Information Technology Hiring Index: By Region

Information Technology Hiring Index: By Industry

RHI Consulting is a leading provider of technology professionals for the Internet economy. With more than 100 locations in North America, Europe and Australia, the company offers specialized consulting services, on a project and full-time basis, for IT initiatives ranging from e-business development and multiplatform systems integration to network engineering and technical support. For more information about RHI Consulting or to learn about online job search opportunities, please visit www.rhic.com.

1 Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island, Vermont
2 Alaska, California, Hawaii, Oregon, Washington
3 Arkansas, Louisiana, Oklahoma, Texas
4 Arizona, Colorado, Idaho, Montana, New Mexico, Nevada, Utah, Wyoming
 


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