Menu
IT sector defies sluggish job market

IT sector defies sluggish job market

Recruitment consultancies signalled further increases in overall permanent placements

The latest monthly Recruitment and Employment Confederation (REC) and KPMG Report on Jobs shows overall weak demand in the jobs market, but the IT and computing sector is outperforming all other sectors.

In the IT/computing sector database administrators; digital project managers; Java, .Net and SQL specialists; online marketers, web developers; and virtualisation skills were all in high demand.

Recruitment consultancies signalled further increases in overall permanent placements and temp billings during February. However, in both cases the general rates of expansion "moderated", although not in IT/computing.

Overall permanent appointments rose at their slowest pace in five months, while short-term appointments increased at their weakest rate since last August. Total demand for staff rose at the slowest rate in four months during February.

Starting salaries for people placed in permanent jobs by recruitment consultancies rose further in February. The rate of inflation quickened to a 17-month high, "although it remained modest in the context of historical data", said the report. Hourly pay rates for temporary/contract staff were little-changed, showing only a "fractional rise".

Growth in permanent placements was registered in all English regions during the latest survey period, with the North posting the fastest expansion and London the slowest.

The strongest growth of temporary/contract staff billings was again signalled in the North during February. Increases in the Midlands and London were only "marginal", while the South recorded a slight decrease.

REC director of policy Tom Hadley said: "Competition for candidates intensified this month with private sector employers racing to secure the talent they need for growth from a decreasing pool of skilled workers.

"Starting salaries have risen to a 17 month high as companies realise they need to make more attractive offers to ensure they can persuade workers to join their workforce and not their rivals."

But Bernard Brown, partner and head of business services at KPMG, warned: "The February figures suggest that uncertainty is beginning to reverberate in organisations across the country.

"Appointments may still be moving in a positive direction, but with the pace of recruitment dropping to its slowest pace for five months, it won't be a surprise if hiring decisions are delayed further, putting candidates and employers in an unwanted state of limbo."

Earlier this week it was reported that demand for information security experts in the US is outstripping the available supply by a widening margin.


Follow Us

Join the newsletter!

Or

Sign up to gain exclusive access to email subscriptions, event invitations, competitions, giveaways, and much more.

Membership is free, and your security and privacy remain protected. View our privacy policy before signing up.

Error: Please check your email address.

Tags careersIT managementkpmgIT Business

Events

Featured

Slideshows

Meet the Reseller News 30 Under 30 Tech Awards 2020 winners

Meet the Reseller News 30 Under 30 Tech Awards 2020 winners

This year’s Reseller News 30 Under 30 Tech Awards were held as an integral part of the first entirely virtual Emerging Leaders​ forum, an annual event dedicated to identifying, educating and showcasing the New Zealand technology market’s rising stars. The 30 Under 30 Tech Awards 2020 recognised the outstanding achievements and business excellence of 30 talented individuals​, across both young leaders and those just starting out. In this slideshow, Reseller News honours this year's winners and captures their thoughts about how their ideas of leadership have changed over time.​

Meet the Reseller News 30 Under 30 Tech Awards 2020 winners
Reseller News Exchange Auckland: Beyond the myths — how partners can master cloud security

Reseller News Exchange Auckland: Beyond the myths — how partners can master cloud security

This exclusive Reseller News Exchange event in Auckland explored the challenges facing the partner community on the cloud security frontier, as well as market trends, customer priorities and how the channel can capitalise on the opportunities available. In association with Arrow, Bitdefender, Exclusive Networks, Fortinet and Palo Alto Networks. Photos by Gino Demeer.

Reseller News Exchange Auckland: Beyond the myths — how partners can master cloud security
Reseller News welcomes industry figures at 2020 Hall of Fame lunch

Reseller News welcomes industry figures at 2020 Hall of Fame lunch

Reseller News welcomed 2019 inductees - Leanne Buer, Ross Jenkins and Terry Dunn - to the fourth running of the Reseller News Hall of Fame lunch, held at the French Cafe in Auckland. The inductees discussed the changing face of the IT channel ecosystem in New Zealand and what it means to be a Reseller News Hall of Fame inductee. Photos by Gino Demeer.

Reseller News welcomes industry figures at 2020 Hall of Fame lunch
Show Comments