A Look into the Future. Technical ProSource s 2016 Hiring Guide
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1 A Look into the Future Technical ProSource s 2016 Hiring Guide
2 The future depends on what we do in the present. Mahatma Gandhi Welcome to Technical ProSource's 2016 Hiring Guide. The enclosed employment tips, compensation data, and survey results are designed to help you make informed staffing choices today to prepare for a stronger tomorrow. THE NEW FRONTIER: The Office of the Future How people work is evolving. And the office environment must follow suit. In order to help your employees get more work done faster, more creatively, and with greater passion, it s important to provide an engaging culture. So what does the future of work look like? It allows greater freedom and flexibility. Successful employers will allow employees to work when and where they need to, as long as quality work is completed on time. Jobs that require employees to be onsite will still be able to integrate flexibility by: à Allowing employees to create their own work hours à Helping employees create career paths à Listening to (and, most importantly, acting on) what employees want In short: to retain your workforce, you will need to create an environment where people want to be. Improving the office culture favors employees and employers alike, as both share common goals: maximize productivity, innovation, and well-being.
3 TIME CAPSULE: Managing a Multi-Generational Workforce We re in the midst of the largest shift of human capital in our history. Managers are now leading more generations at one time than ever before. The oldest Baby Boomers will turn 70 in 2016, yet many are still working with no plans to retire soon. And Millennials recently surpassed Gen Xers and Boomers as the largest generation in the workplace. In order to effectively lead a multi-generational mix, it s important to understand the differences. Let s review how work preferences have shifted over time: Baby Boomers: à Loyal to their employer à Do whatever it takes to succeed, including working long hours à Appreciate recognition and want to pass along their wisdom Gen X: à Believe in self-sufficiency à Independent, resilient, and adaptive à Value job security Millennial Generation Y: à Crave flexibility and love the idea of working from home or creating their own hours à Seek instant feedback rather than year in review discussions à Dedicated to their career à Need transparency and equality Millennial Generation Z: Post 1995 à Haven t experienced the pre-internet world à Motivated by rewards and continuing education U.S. Labor Force by Generation, Boomers In millions Gen Xers Millennials Source: Pew Research Center & US Census Bureau What is your biggest hiring challenge? Quality of candidates: 39.9% Lack of available candidates for our specific job: 30.3% Unable to meet the salary demands of talent: 10.4% Other: 10.1% Lack of internal resources to source candidates: 6.4% Our location: 2.9%
4 GREAT SCOTT! How to Win the War for Talent With lowering unemployment rates and fewer available candidates, competition for top tech talent is fierce. The U.S. Department of Labor estimates that there will be 1.5 million computer specialist job openings by the year 2020, yet projections show universities are not likely to produce enough graduates to fill even 30 percent of these jobs. To compete, employers need to be strategic. How? In short, employers need to build a strong employment brand presence, use cutting edge technology, provide ongoing training and certification opportunities, and take advantage of candidate referrals. And don t forget fair pay. Given today s competitive hiring environment, wages are rising. To ensure that you re in tune with what the market demands, refer to Technical ProSource s Salary Guide before crafting an offer for a top candidate. What benefits do you feel are most important to your employees? Medical Insurance: 22.3% Pay: 21.2% Paid Time Off: 18.8% Flexible Work Hours: 11.7% 401K: 10.3% Dental Insurance: 8.1% Recognition Programs: 4.2% Life Insurance: 3.4% DID YOU KNOW? Since early 2014, mobile and app usage has exceeded web browsing. The Bureau of Labor Statistics projects app development will grow 23 percent from 2012 to 2022, much faster than the average for all occupations. HOT TOPIC: Security! With security breaches making headlines across the country, IT departments are enhancing security efforts. In fact, 100 percent of respondents in a Technical ProSource survey named security and protection as the #1 technology trend impacting their company.
5 JOBS: What s Hot Now Tech jobs are in high demand. The supply of talent cannot keep up with the pace of technology upgrades, and not enough students are pursuing degrees in math and science. Some leading IT jobs include: à Software Engineer à Systems Engineer à Software Developer à Java Developer à Business Analyst Ã.NET Developer à Web Developer à Network Security Analyst à Project Manager à Network Engineer What key technology trends do you see impacting your company? Security & Protection: % Cloud Computing: 83.33% Analytics: 33.33% Big Data: 16.67% Mobile: 16.67% Just how competitive is the market? According to CareerBuilder research, there are about 656,000 job postings seeking a software developer skill set, yet there are only about 98,000 active candidates. Likewise, there are only enough candidates available to fill 30 percent of the business analyst jobs currently posted. Employers need to keep these shortages in mind when creating a strategy to recruit and hire top talent.
6 A BLAST FROM THE PAST: Referrals Still Rule Technology may be advancing, but one thing isn t changing: the power of human connections. Word of mouth advertising remains an important recruiting tool. Your people are your greatest resource for accessing new talent, especially passive job seekers. When looking to fill vacant positions or build a workforce, ask your employees for help. Create a program to incentivize and reward successful referrals. Do not assume that your employees know and understand your referral program. Discuss it frequently during company meetings and post program details throughout the office. Based on current workloads, which best describes your headcount? NEXT STOP: Success Technology is no doubt the backbone of your operation, yet there s more to technology than hardware and software. When you invest in people, it all comes together. For over 25 years, Technical ProSource has provided IT staffing to help businesses strengthen their IT teams by connecting them with exceptional tech talent. Whether you re looking for a contractor to cover a project or the right person for a direct-hire situation, we will help you nd the experienced talent you need to keep your systems running strong. Connect with Technical ProSource today to unleash the power of people. We ll help you boldly go where no company has gone before. On to the future! Adequately staffed: 63.8% Understaffed: 34.0% Overstaffed: 2.2% Powering People. technicalprosource.com
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