TAKING 'STOCK' IN STABILITY

IT Job-Seekers' Wish Lists Revealed; Few Surveyed Cite Equity Incentives

Oct 31, 2000
12:31pm

MENLO PARK, CA -- The lure of the IPO may be waning for information technology (IT) professionals. In a new survey of chief information officers (CIOs), 39 percent of respondents said that, other than salary and traditional benefits, today's IT candidates are most interested in a company's stability when evaluating an employment offer. Just 13 percent of CIOs cited stock options as a primary incentive.

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.

CIOs were asked, "Other than salary and traditional benefits such as health insurance and 401(k), which one of the following, in your opinion, is the most appealing to technology professionals when considering an employment offer?" Their responses:
 

Stability of company 39%
Work/life balance programs 21%
Challenge/prestige of position 21%
Stock options 13%
Other 2%
Don't know/no answer     4%
100%

"While start-up firms continue to offer potentially lucrative opportunities for many technology professionals, they are not without inherent risks," said Katherine Spencer Lee, executive director of RHI Consulting. "Established companies may be perceived as having greater job stability over the long term."

Lee noted that 42 percent of CIOs cited either work-life balance or a challenging position as a key criterion when accepting a position. "Employees are looking for positions that are intellectually stimulating and allow them to successfully manage professional and personal demands."

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.


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