The Randstad Technologies Employee Confidence Index, a measure of overall confidence among technology workers, declined slightly in the second quarter of 2014 to 58.7 from 60.0 the previous quarter.
The quarterly study, conducted online by Harris Poll on behalf of talent and solutions provider Randstad Technologies, showed technology workers have maintained the most consistent levels of employee confidence
compared to other professions surveyed by Randstad.
Employee Confidence Trends
Despite waning confidence in the strength of the economy and job availability, IT workers showed greater confidence in their ability to find a new job and in their own personal employment situation.
Only 34 percent
of technology employees believe the economy is getting stronger, a 10 percentage point decline from the first quarter of 2014. In addition, nearly half
(45%) believe there are fewer jobs available this quarter. However, when it comes to IT workers’ personal situation, 51 percent
are confident in their ability to find a new job, and 63 percent
are confident in the future of their current employer—five percentage point increases for both measures from Q1.
From the Desk of Bob Dickey, Group President of Technology and Engineering
“Many companies are outsourcing all or certain segments of their IT platform, particularly for hard-to-find IT skills."
As the economy recovers at a quicker pace, we see many of our clients prioritizing efficiency and therefore implementing a lean IT model composed of a technology team of internal resources and outsourced talent.
For example, there are two high demand segments of the IT sector which represent both traditional skills and the most cutting-edge. SAP database skills may seem outdated, but the demand is still quite high. In part because SAP isn’t ground-breaking, finding database resources is difficult today and will only grow more challenging in the future.
Then there’s the Internet of Things (IoT) – predicted by Gartner to grow to 26 billion units in 2020, a nearly 30-fold increase from 2009. A recent survey of 400 IT professionals in the U.S. and U.K., commissioned by Infoblox, found 90 percent of respondents are either planning or already implementing solutions to cope with the increased demands on networking caused by IoT projects. Seventy-three percent of respondents believe they are very or quite likely to receive more staff next year due to IoT demands.
A Closer Look at the Findings:
Never miss an insight! Click here to get the latest Workforce360 reports delivered to your inbox.
This survey was conducted online within the United States by Harris Poll on behalf of Randstad Technologies from April 7-9, May 8-12 and June 4-6, 2014 among 3,352 adults ages 18 and older, of which 186 are employed in IT. This online survey is not based on a probability sample and therefore no estimate of theoretical sampling error can be calculated. For complete survey methodology, including weighting variables, please contact firstname.lastname@example.org
About Randstad Technologies
Randstad Technologies has been connecting top companies around the globe with the expert technology talent and solutions that drives their success since 1984. Our deep industry expertise and full-service capabilities—Recruitment, Consulting, Projects and Outsourcing—enable organizations to be agile, productive and ahead in the field with their wide network of specialists and flexible solutions. For more information, visit www.randstadtechnologies.com
About Randstad US
Randstad US is a wholly owned subsidiary of Randstad Holding nv, a $22.0 billion global provider of HR services. As the third largest staffing organization in the U.S., Randstad holds top positions in permanent placement, office and administrative, IT and accounting and finance. From professional services, commercial staffing, recruitment process outsourcing, to managed services and more, Randstad delivers a comprehensive range of temporary, temporary-to-hire, permanent placement and outsourced placement services. With its 5,324 employment experts, Randstad puts an average of approximately 100,000 people to work in the U.S. each week, through its network of nearly 1,000 branches and client-dedicated locations.