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Professional Development
- 3. Slide 3 About TEKsystems •People are at the heart of every successful business initiative. At TEKsystems, we understand people. Every year we deploy over 80,000 IT professionals at 6,000 client sites across North America, Europe and Asia. Our deep insights into IT human capital management enable us to help our clients achieve their business goals—while optimizing their IT workforce strategies. • We provide IT staffing solutions, IT talent management expertise and IT services to help our clients plan, build and run their critical business initiatives. Through our range of quality-focused delivery models, we meet our clients where they are, and take them where they want to go, the way they want to get there. TEKsystems. Our people make IT possible.
- 4. Slide 4 Table of Contents Labor Landscape IT Industry Trends Why IT Attraction and Retention is So Difficult Tampa Development Community Questions
- 6. Slide 6 Scope of the Labor Market •While the condition of the labor market nationally has wavered, the IT industry has thrived.
- 7. Slide 7 Size of IT Spending •IT spending continues to rise as businesses realize its value.
- 8. Slide 8 Growth of the IT Employment Market •As new jobs are created and organizations increase their IT headcount, positions in IT continue to open.
- 9. Slide 9 Supply and Demand of IT Workers •The demand for IT workers will continue to outstrip the supply.
- 10. Slide 10 Challenges in IT Staffing •While demand continues to rise, there is a shortage of qualified talent—forcing organizations to compete
- 12. Slide 12 Trends in the Industry Source (TEKsystems 2014 Annual IT Forecast)
- 13. Why IT Attraction and Retention is So Difficult
- 14. Slide 14 IT is Fast-Paced •What’s the next big trend in IT and is your organization ready to handle it?
- 15. Slide 15 IT is Competitive •IT retention exists in a competitive environment.
- 16. Slide 16 IT is Expensive •Companies are willing to pay a premium for scarce skill sets.
- 17. Slide 17 IT is Opportunistic •Salary alone isn’t enough; IT professionals are looking for a lot more from their employers.
- 18. Slide 18 IT is Everywhere •Where can you find top talent?
- 20. Slide 20 Scope of the Labor Market - Tampa
- 21. Slide 21 Tampa Market- Wage Analysis • Senior .NET developer averages around $51.09/hr and $90,050 annually • Mid-level .NET developer averages around $45.25/hr and $80,0074 annually • Junior level .NET developer averages around $36.15/hr and $64,716 annually Source- 2014 Wage Data: Specifics, IT Services Industry, Compensation & Billing Practices Report* Additional skill sets and wages available
- 22. Slide 22 Greatest Tampa IT trends in 2014 Top Hiring Trends for 2014 1. .NET Developers 1. Last year- supported 189 active development roles 2. This year alone, already supported upwards of 55 in Q1 2. Agile Methodology Experience 3. UI Development 4. Angular.js 5. Mobile Phone Development 1. Tools such as Xamarin 6. WCF Experience
- 23. Slide 23 Q & A Thank you! Questions?
Editor's Notes
- While the condition of the labor market nationally has wavered, the IT industry has thrived. There are 145 million employed workers overall, including five million employed in IT. Temporary workers account for 10 percent of the current total workforce and 20 percent of the IT workforce. The unemployment rate is approximately 7 percent of all workers, whereas in IT this figure less than 3 percent of IT workers. In addition to the 5 million employed IT workers, there are as many as 20 million hybrid business/IT professionals who do not fit into a traditional IT category. Sources: 1(Bureau of Labor Statistics, 2014), 2(Staffing Industry Analysts, January 2011), 3(Gartner, February 2013), 4(Foote Partners LLC, January 2011)
- IT spending continues to rise as businesses realize its value. On an annual basis, the U.S. spends over $1 trillion on IT. It is projected that the U.S. total IT spending will steadily increase over the next several years, with expected spend to be $1.073 trillion in 2013, $1.112 trillion in 2014, $1.154 trillion in 2015 and $1.196 trillion in 2016. The temporary staffing market is a $93.8 billion industry. The temporary IT staffing market specifically is a $25 billion industry. The industries spending the most on IT are financial services, telecommunications, energy, retail and healthcare. Sources: 1(Gartner, December 2012), 2(American Staffing Association, April 2012), 3(Staffing Industry Analysts, December 2012), 4(Gartner, January 2013)
- As new jobs are created and organizations increase their IT headcount, positions in IT continue to open. In 2013, the U.S. created 1.4 million jobs, of which about 236,000 were in IT. And IT leaders are expecting to increase their IT headcount in 2013. Forty-seven percent of IT leaders will be increasing their permanent and 46 percent of IT leaders will be increasing their temporary headcount. Sources: 1(Bureau of Labor Statistics, April 2014), 2(TEKsystems, December 2014)
- Growing demand There were over 1 million unique IT job postings in 2013 Between 2012 and 2022, the U.S. government predicts an 18 percent increase in IT employment Supply challenges The number of computer science and information science degrees awarded decreased 27 percent between 2005 and 2010 For every 1 computer science degree awarded, 3 new computer science positions are created Sources: 1(CareerBuilder, 2014), 2(Bureau of Labor Statistics, 2014), 3(Institute of Educational Sciences, 2011) 4(Dice, 2013)
- While demand continues to rise, there is a shortage of qualified talent—forcing organizations to compete. 47 percent of IT hiring managers reported a lack of qualified talent lengthened their hiring process The five most difficult IT positions/skills to fill Developers/programmers Architects Software engineers IT business analysts IT project managers Sources: 1(Institute of Education Sciences, January 2013), 2(Dice, December 2012)
- The top IT trends impacting business: Business intelligence / Big Data Mobility Virtualization Top challenges IT leaders face in 2014: Revenue Operations Customer satisfaction and retention Employee management Source: (TEKsystems 2014 Annual IT Forecast)
- In the 1980s: PCs, cordless telephones, CDs, 3.5” floppy disks In the 1990s: Internet/World Wide Web, Palm Pilots, AOL Instant Messenger, cell phones In the 2000s: iPod, BlackBerry, Myspace, Facebook, gmail, YouTube, Twitter, iPhone Today (2010+): iPad/tablets, mobile applications What’s the next big trend in IT and is your organization ready to handle it? The inability to assemble effective IT teams overwhelmingly impacts project timelines (81 percent) and the ability to respond to business demands (77 percent). But 95 percent of senior executives say that they doubt their companies have the right operating model and structure for today’s world. Sources: 1(TEKsystems, December 2011), 2(Harvard Business Review, October 2011)
- IT is a competitive environment. IT staff retention is shaping up to be one of the biggest challenges facing CIOs. The average IT professional receives 23 recruiter solicitations per week. Nine out of 10 IT professionals say they are open to new opportunities, even if they aren’t actively looking for a new job. Eighty-three percent of IT employees plan to actively look for a new job in 2014. Retention remains a concern. Thirty-seven percent of hiring managers expect voluntary departures to increase, according to Forbes. Sources: 1(NetworkWorld, December 2011), 2(TEKsystems, December 2011), 3(The Los Angeles Times)
- IT is expensive and companies are willing to pay a premium for scarce skill sets. In the last few years, salaries in the IT field have increased much faster (5-15 percent) than salaries in other fields (2-5 percent). Computer science graduates in the class of 2013 received an average starting salary of about $60,000. Sources: 1(Salary.com, 2012), 2(Forbes), 3(Dice, 2013)
- IT is opportunistic and salary alone is not enough. IT professionals are looking for a lot more from their employer. IT professionals are motivated by jobs that are aligned with their skills, goals and interests, consistent employment and compensation. Eighty-one percent of IT professionals would consider changing jobs for the opportunity to develop and enhance their skills. Seventy-six percent of IT professionals would make a move for the chance to advance their careers. Seventy-one percent of IT professionals would consider a new job based on salary. Sources: 1(TEKsystems, April 2012), 2(TEKsystems, December 2011)
- IT is everywhere. It’s hard to track qualified candidates down. Where can you find top talent? Job candidates are active on many channels. Ninety-six percent use job boards Eighty-four percent rely on a professional network Eighty-three percent look to employer websites or career pages Eighty percent use a staffing firm Seventy-nine percent network Seventy-four percent use referrals Source: (TEKsystems, December 2011)
- Local to Tampa there are 12,270 technical professionals within the development space (includes computer programmers, applications software engineers and systems software engineers). Last year, the retail industry was the strongest from an employee growth standpoint followed by educational/health services. There are 314 Fortune 500 companies here in the greater Tampa bay area.