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IT project growth, hiring forecast looks good for 2011

by Dave Hannon

December 17, 2010

By Dave Hannon
@Daveatwispubs

For IT professionals wondering about job prospects and IT project growth in 2011, the news is good. Or at least better than it has been in a long time.

According to the latest IT HIRE Intelligence Survey by Technisource (conducted by Monster.com), the vast majority of HR managers and recruiters responsible for recruiting technology staff are now planning to hire more IT workers.

“Economic conditions that led to hiring freezes, technology cuts and migration delays across the last 18 months are now starting to reverse and companies are beginning to increase spending to remain competitive or regain a lost competitive advantage,” said Michael Winwood, president of Technisource.

According to Technisource, of those firms hiring technology-oriented positions, the majority will be in applications (71%), project management (56%), and infrastructure (50 %).

A recent survey from Computer Economics forecasts a median 2% increase in IT hiring (after two years of no growth) and find that “IT organizations have been extending staff hours, adding temporary workers, and launching major projects that promise strong ROI or improved agility.”

The most recent quarterly survey from Robert Half Technology forecasts a 3% increase in IT hiring next quarter and found 84% of CIOs are at least somewhat confident in their companies’ growth prospects while 37% are very confident.

“Technology executives continue to ad d staff to keep up with rising workloads and to implement projects previously put on hold,” said John Reed, executive director of Robert Half Technology. “Many organizations have realized that technology investments can lead to long-term cost savings and better efficiency, which has resulted in hiring in a number of IT specialties. CIOs are reinitiating previously deferred projects and are more willing to invest in augmenting their teams.”

With that level of IT hiring growth forecasted, it’s important to review recruitment and retention plans, or risk getting caught short. And it can happen to even the most well-known IT firms. In a recent interview with Reuters, Michael Dell, CEO of Dell Inc., said his company literally can’t hire workers fast enough.

“We go in our meetings and we need more of these, and more of these people –hiring, hiring, hiring,” he says. “The people and skills we’re looking for, they’re not there. I want to put a massive ‘we’re hiring’ sign out.”

What do you see? Is your company taking some IT projects off the shelf and ramping up hiring? Do you expect SAP-related hiring to increase in 2011? Post your comments here.

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