NEW YORK, May 18, 2011 /PRNewswire/ -- This report identifies U.S. locations that have the potential to provide employers with a strong supply of IT talent, with low levels of competition, and favorable employment costs. Top performing Metros identified by the analyses include:
Kansas City, KS-MO
St. Louis, MO-IL
Salt Lake City, UT
Companies continue to experience major challenges related to obtaining and retaining the IT talent that they require, and are faced with ongoing, substantial increases in the price for this talent. A global shortage of IT talent is partially responsible. However, there is another underlying factor for many companies. They are staffing these positions in locations where demand is far outpacing supply and employment costs are amongst the highest in the world.
There are locations across the U.S. that can provide employers with deep pools of high quality IT talent, ongoing expansion of talent supply, and much more favorable compensation, real estate and operating costs. Increasingly, IT employers are focusing on leveraging such locations in order to achieve faster workforce expansion with reduced costs, resulting in benefits such as faster time-to-market with new products, lower turnover, and improved financial performance.
Since 1993, KLG has been instrumental in helping companies evaluate the efficacy of such strategies, identify the right locations, and plan for successful implementation. This report provides valuable insight into one of the key tools the firm uses to evaluate locations and identify those with the strongest potential to meet the needs of companies. The full report is available at www.klgadvisors.com.
About KLG Advisors
KLG Advisors is the premier advisory firm for companies seeking to develop location and real estate strategies that yield significant, lasting, competitive advantages. The firm's fact-based approach gives business leaders the clarity, impartiality, and foresight they need to move forward with confidence. Since 1993, KLG Advisors has been helping the world's leading companies across a wide range of industries achieve dramatic financial and operational improvements through its three core practice areas:
- Location Strategy & Site Selection
- Business Incentive Solutions
- Corporate Real Estate Advisory Services
SOURCE KLG Advisors