greythorn technology market landscape outlook h2 2014

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1 Technology Market Landscape: Outlook for 2014

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Welcome to the latest research from Greythorn Specialist Technology Recruitment. We recently surveyed almost 3,000 IT professionals in Australia and have compared their responses to those of the 1100 IT Hiring Managers we surveyed earlier in the year. The presentation revels some interesting findings including; top IT skills in demand, hiring intentions and challenges, perceived job security and recruitment process frustrations. To request a copy of the full presentation, please contact Greythorn on 02 9249 8000 or contact your dedicated Greythorn consultant.

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Page 1: Greythorn Technology Market Landscape Outlook H2 2014

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Technology Market Landscape:Outlook for 2014

Page 2: Greythorn Technology Market Landscape Outlook H2 2014

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Greythorn Overview

Market Leader

Greythorn is one of the most reputable specialist technology recruitment firms in Australia:

• Largest Permanent IT recruiter in Australia: >500 IT placements per annum • Significant Contracting IT specialist supplier: >1000 new engagements placed per annum• Established in 1976 with offices in Melbourne, Sydney, Canberra, Brisbane, Chicago, Dublin,

London, Sao Paulo, Seattle and Singapore.

Key Differentiators

• Vertical specialisation. We are experts in the professional markets we service.• Premium, value-based delivery.• Unrivalled consultant depth of experience, industry knowledge & tenure.

Page 3: Greythorn Technology Market Landscape Outlook H2 2014

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Technology Industry Sentiment:The Survey

Page 4: Greythorn Technology Market Landscape Outlook H2 2014

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Greythorn Hiring Manager Survey

Source: Greythorn Client Survey

Page 5: Greythorn Technology Market Landscape Outlook H2 2014

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Greythorn Candidate Survey

Page 6: Greythorn Technology Market Landscape Outlook H2 2014

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Economic Outlook: Candidate & Manager

How are you feeling about the future of the economy?

Source: Greythorn Candidate and Client Survey

In a significant change from last year Hiring Managers are more optimistic than Candidates. Optimism from the Hiring Manager side is also continuing to rise, having gone up by 24% year on year.

Page 7: Greythorn Technology Market Landscape Outlook H2 2014

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Hiring Intentions

Source: Greythorn Client Survey

What are your hiring intentions in 2014?

Page 8: Greythorn Technology Market Landscape Outlook H2 2014

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Hiring Intentions

Source: Greythorn Client Survey

• 58% of Technology/Digital sector Hiring Managers are

expecting increase in headcount.

• Only 24% of Government sector Hiring Managers

predicting an increase in headcount.

• Queensland the most polarised state.

• Companies with large IT teams (201-500+) planning on

expansion.

Page 9: Greythorn Technology Market Landscape Outlook H2 2014

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Hiring Challenges

Source: Greythorn Client Survey

Cultural/team fit is increasingly important to Hiring Managers, pushing ‘the ability to do the job now’ down from the number one most important attribute last year to number two.

Page 10: Greythorn Technology Market Landscape Outlook H2 2014

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Job Seeker Behaviour: Manager Perception

Source: Greythorn Client and Candidate Survey

What percentage of IT staff do you think are actively looking for a new role or keeping an eye on the market?

The majority of Hiring Managers believe that only 2.5/10 candidates are looking for a new role, where in reality a significant 9/10 are.

Page 11: Greythorn Technology Market Landscape Outlook H2 2014

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Perceived Job Security: Candidate

Source: Greythorn Candidate Survey

How would you rate your job security?

Job security is at a record low with 34% of respondents feeling insecure or very insecure.

Page 12: Greythorn Technology Market Landscape Outlook H2 2014

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Market Conditions: Skills

Source: Greythorn Client & Candidate Survey

What do you believe the most valuable skill sets in ICT will be in the next 12 months?

Hiring Managers Candidates

Page 13: Greythorn Technology Market Landscape Outlook H2 2014

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Topical Issue:The Recruitment Process

Page 14: Greythorn Technology Market Landscape Outlook H2 2014

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Recruitment Process Time Lines: Candidate

Source: Greythorn Candidate Survey

The cost of being too slow; speed to fill is a strong competitive advantage.

Page 15: Greythorn Technology Market Landscape Outlook H2 2014

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Recruitment Process Time Lines: Manager

Candidates report that the recruitment process has taken longer, would you agree with this?

Source: Greythorn Client & Candidate Survey

Speed to hire when part of a quality selection process can be the cheapest comparative advantage in sourcing quality resources.

Is it “not good enough talent” or “not ticking ALL the boxes”?

Page 16: Greythorn Technology Market Landscape Outlook H2 2014

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Disclaimer

This research was carried out by means of an electronic questionnaire. The remuneration tables are supplemented with data and market information that Greythorn has access to. The results are provided as generic market information only. Greythorn does not make any warranties regarding the use, validity, accuracy or reliability of the results and information obtained. Greythorn will not be liable for any damages of any kind arising out of or relating to use of this information.