IQ Insight | January 2006


Embrace Your Inner-Geek
Why more companies will be hiring IT professionals in the New Year

By George Fiala

Since the IT bubble burst, many organizations have been making do with their existing IT staff or hiring contract individuals "as needed" to solve their IT needs. Still, these are merely stopgap measures to solve problems requiring permanent staffing solutions in the face of heavier workloads and employee departures.

Not surprisingly, there has recently been a huge resurgence of full-time hiring in the IT sector - and we expect it to continue well into 2006.

Why the change?

Not only are new projects coming down the pipeline but old projects once relegated to the back burner have been reprioritized to the front. Many organizations that previously lacked the funding for their IT initiatives are now investing to see them through.

With all this activity, will salaries once again climb to the same "before the bubble burst" level? Don't bet your iMac G5 processors on it. Average salaries are still less than what they were five years ago and IT companies are still looking to keep their costs down and watch their bottom lines.

But the talent market s one of supply and demand. As demand increases, salaries will once again climb - and smart companies are already paying a premium for A-level talent. If you're a well-qualified IT professional, you're already very much in demand.

Is there a new market?

The market certainly has a new mindset - hiring is "in" and IT companies that previously let people go are now looking to go on hiring sprees. However, these companies now want individuals with very specific skills and experience.

Here's a partial list of some top skills employers are expecting their IT hires to have:

  1. Security certifications (like CISSP)
  2. AJAX, MONO, RUBY, JAVA (and its variants)
  3. WiFi, WiLAN, ability to configure access points and create ghost networks
  4. Background in BI, information gathering and research
  5. Knowledge of new U.S., Canadian and International reporting and regulating environments

Key to success? Stay current.

Having the right skills is one thing, but being able to apply them to solving current issues in the IT industry is another. More than anyone else in any other industry, IT professionals have to update their resumes "on the fly," given the dynamic nature of current technology and how quickly it can change and evolve overnight. Based on surveys and discussions with our clients, some of the hot button issues in 2006 are:

  • Network security - a mission-critical issue at best of times, and even more so today.
  • Capital expenditures - companies are finding they can no longer afford to hold off on replacing (desktop) systems and software. They're reviewing Open Source alternatives to gain and maintain an edge over their competition.
  • Development of Web applications - the Web has become an integral part of business and firms are looking for ways to improve collaboration, customer service, customization, efficiency and management with this powerful technology. (This article was written using "Writely," an online word processor.)
  • Business intelligence - companies are recruiting IT staff who can help them collect, store, analyze and provide access to critical business data.
  • Wireless communication - IT professionals are required to support users of tablet computers, portable e-mail devices, smart phones and other wireless tools.
  • Regulatory requirements - the Sarbanes-Oxley Act of 2002 galvanized public and private firms to reassess its information systems for vulnerabilities and strive for safe internal control over financial reporting. Other regulations affecting the IT industry include the Health Insurance Portability and Accountability Act (HIPAA), the USA Patriot Act and the Graham-Leach-Billey Act.

If you're an IT professional with "get a new job" on your list of New Years resolutions then 2006 couldn't have come faster for you. The landscape has definitely changed in the IT industry and it looks as if even greener pastures are ahead. Embrace your inner-geek, indeed!

- George Fiala brings a solid knowledge of the IT industry to IQ PARTNERS, along with his strong background in assessment and testing and keen comprehension of the industry's subtle and not-so-subtle changes. [full bio...]


IQ Insight is published by IQ PARTNERS Inc.

IQ PARTNERS helps intelligent companies hire better, hire less and retain more. Our services include Executive Search & Recruitment, Qualification & Assessment, Employee Retention, Career Management and Contract HR Services. We specialize in Marketing, Communications, Media, Technology, Legal and Financial Services, and operate at the mid-to-senior management level. IQ PARTNERS has offices in Toronto and Ottawa, and internationally via the Aravati Global Search Network.

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