2005-01-20 / Business & Finance

Execs Anticipate Increased Hiring In “Near Future”

Chief information officers (ClOs) expect a modest uptick in information technology (IT) hiring in the first quarter of 2005, according to the Robert Half Technology IT Hiring Index and Skills Report. Eleven percent of executive polled plan to add staff early next year and 2 percent anticipate cutbacks. The net 9 percent hiring increase is up three percentage points from the previous quarter’s forecast and six percentage points ahead of the year-ago projection.

The national poll includes responses from more than 1,400 ClOs from a stratified random sample of U.S. companies with 100 or more employees. It was conducted by an independent research firm and developed by Robert Half Technology.

“Companies continue to take a slow and steady approach to hiring,” said Katherine Spencer Lee, executive director of Robert Half Technol-ogy.“Firms are adding full-time em-ployees only when there is a vital need, such as developers who can customize applications or business analysts who can evaluate IT requirements and align them with organizational goals.”

Lee added, “Businesses also are focusing on staff retention as turn-over becomes a greater concern. Technology professionals who were afraid to risk changing jobs in an uncertain economy may be more open to new opportunities as conditions improve.”

Forty-one percent of ClOs who plan to hire during the first quarter cited business growth as the reason, while 26 percent, require increased customer and end-user IT support.

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