Technisource and Randstad Technologies Employment Report: IT Worker Confidence Reaches Highest Level on Record
BOSTON, April 11, 2012 /PRNewswire/ -- The IT Employee Confidence Index, a measure of overall confidence among U.S. technology workers, reached 58.8 in the first quarter of 2012—its highest level seen since the surveys inception in the fourth quarter of 2005. This surge in confidence is also 6.8 points higher than what was recorded in the fourth quarter of 2011, according to a recent online survey conducted by Harris Interactive on behalf of Technisource and Randstad Technologies among 4,341 U.S. adults, of which 253 are employed in the technology industry.
The number of technology workers indicating that the economy is getting stronger nearly doubled in the first quarter of 2012—leading to the highest confidence ratings in the history of the survey. In addition, 20 percent more IT workers reported that they are confident in their ability to find a new job in the first quarter, and 41 percent indicated a likelihood to act on it.
Q1, 2012 Survey Highlights:
IT Worker Confidence in the Economy Spikes
- Technology professionals demonstrated a large spike in confidence in the overall economy, with 40 percent now believing the economy is getting stronger, up 18 percentage points from Q4 2011.
One-Third of IT Workers Believe More Jobs are Available
- Thirty-two percent of respondents believe that more IT jobs are now available (up 14 percentage points from the previous quarter).
Tech Workers Optimistic About their Employability
- Forty-two percent of IT workers reported feeling confident in their ability to find a new job—showing no change from the previous quarter.
Workers More Likely to Job Hunt
- Forty-one percent (and nine percentage points higher than the previous quarter) of technology workers are likely to proactively seek new employment within the next year.
"Companies are once again looking to technology as a competitive advantage and embracing new implementations and migrations," said Bob Dickey, president of Technisource and Randstad Technologies. "We are seeing all levels of confidence ratings reach new highs—clear evidence indicative of an improving recovery in the tech market. Likewise, our latest report is also seeing the highest number of IT professionals actively seeking to transition from their current employer onto new opportunities since the second quarter of 2008. Given the strength of our industry and the employability of highly-skilled IT workers, it is critical to not lose sight of retention efforts. Specifically, in our business, we continue to see a demand for specialized skills as the job market heats up. We are also seeing more of a rise in the demand for .net and java developers, business analysts, and project managers."
Survey Methodology
This survey was conducted online within the United States by Harris Interactive on behalf of Technisource and Randstad Technologies from January 9-11 & February 15-17 & March 13-15, 2012, among 4,341 adults ages 18 and older of which 253 are employed in IT. This online survey is not based on a probability sample and therefore no estimate of theoretical sampling error can be calculated. For complete survey methodology, including weighting variables, please contact [email protected].
About Technisource
Technisource, one of the largest technology talent and services providers in North America, provides a comprehensive suite of technology services including consulting, project and outsourced services to Fortune 500 corporations, mid-sized companies and small organizations. With nearly 40 years of experience, Technisource maintains a group of 8,000 experienced consultants to provide services through its network of more than 50 offices across the U.S. Technisource is now a part of Randstad. For more information, please visit www.technisource.com.
About Randstad Technologies
Randstad Technologies has been connecting top companies around the globe with the expert talent that drives their success since 1984. Working to ensure that the professionals delivered have the distinct skills to reach specific goals, Randstad Technologies' deep industry expertise and full-service capabilities—IT staff augmentation, permanent placement, technology solutions, and ERP practice—enable organizations to be agile, productive and ahead in the field with their wide network of specialists and flexible solutions. For more information, visit www.randstadtechnologies.com.
About Randstad
Randstad is a $22.5 billion global provider of HR services and the second largest staffing organization in the world. From temporary staffing to permanent placement to inhouse, professionals, search & selection, and HR Solutions, Randstad holds top positions around the world and has approximately 28,700 corporate employees working from its nearly 4,700 branches and inhouse locations in 40 countries. Founded in 1960 and headquartered in Diemen, the Netherlands, Randstad Holding nv is listed on the NYSE Euronext Amsterdam. Learn more at www.randstad.com.
SOURCE Randstad Technologies
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