A Bright Spot in January's Hiring Report
February 9, 2021
With 2020 in the rear-view mirror, many job seekers see the new year – and particularly the first half of the year – as an opportune time to search for a new company and a new role. But what’s the current state of hiring for tech professionals as more companies switch to distributed employee networks?
The short answer: IT hiring has picked back up and the roles are more frequently offered with the benefit of being fully remote.
We’ll see 150 million more technology-related jobs across industries.
Experts agree that information technology continues to be an in-demand field. As LinkedIn News senior editor Andrew Seaman told CNBC in January, “data shows that in the next five years, we’ll see 150 million more technology-related jobs across industries globally, so demand for digital skills is very much on the rise.” Additionally, more companies are relying on a combination of internal and external staffing to get the right IT systems in place – and help keep them running.
With IT job openings on the rise, how can companies ensure they’re finding the right talent for their IT roles?
40% of HR recruiters are still experiencing talent scarcity when it comes to hiring for technology-based jobs.
Staffing Industry Analysts (SIA) recently shared that 40 percent of HR recruiters are still experiencing talent scarcity when it comes to hiring for technology-based jobs. That’s compared to only 28 percent for HR roles. While there may be plenty of job seekers on the hunt, finding the right candidate can still be a challenge.
In the wake of COVID-19, high-profile tech companies like Twitter and Facebook began offering employees the option to work fully remote. For companies seeking to hire top IT professionals, this benefit instantly widens the talent pool to include a nationwide candidate search. But it also means your talent acquisition team should have a firm grasp on the state of hiring across the U.S. – not just in a specific city or state.
According to a January study from SIA, approximately 61 percent of full-time employees in the U.S. are seeking new jobs in 2021, and while January saw a 2.8% slip in hiring, Linkedin reports that three industries remain ahead of their hiring tempo from last year at this time: legal, finance and software/information technology.
With tech hiring surging again, it's critical for recruiters and hiring managers to move quickly to ensure the most qualified candidates find – and apply – to open roles.
Employers who are laser focused on the process, and working closely with their staffing partners consistently win the best talent.
As our President and Co-Founder Craig Jackman said in a previous blog post, “employers who are laser focused on the process, and working closely with their staffing partners consistently win the best talent.” It’s that focus on ensuring the right recruitment partners are on your team – and educating those partners – that will help get the right tech talent in the door, in the shortest amount of time.
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