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In recent years, the demand for qualified information technology (IT) talent has soared. Since the start of the coronavirus pandemic, IT has played a crucial role in maintaining stability as organizations embrace a hybrid work model, and security and risk management have become a high-level issue.
With over 60 years of talent acquisition experience, Acara is well-equipped to source and recruit information technology candidates across several different industries. Our team of recruitment professionals is committed to implementing innovative people strategies that deliver results and empower the workforce. Through our suite of contingent and direct hire placement services, we help our clients discover premier talent nationwide.
As senior leaders collectively prepare for the start of the new year, developing a well-designed talent approach will be critical in effectively sourcing, recruiting, and retaining these in-demand candidates. By leveraging our 2023 Information Technology Salary Guide, your organization will be well-positioned to attract these qualified professionals with competitive salary rates at your disposal.
All compensation figures within our enclosed salary guide were generated via Lightcast—a premier labor market data and analytics provider. An array of verified public and government sources underpins Lightcast’s sophisticated software. The tool drives in-depth industry analysis by delivering accurate summaries of the labor and compensation market.
Our team of workforce experts predicts the following information technology trends becoming more prevalent in the future:
Tech layoffs: 150,000+ jobs were cut by tech employers in 2022 and 26,000+ layoffs occurred in early 2023. However, 79 percent of laid-off technology workers landed a new position within three months of starting their job search, and 40 percent found a new position in less than one month.
Hybrid and remote work is not going anywhere
The landscape of work is changing. Traditional office-centric companies have evolved into geographically distributed organizations by embracing a hybrid work model. In fact, 58 percent of American workers have the ability to work from home at least one day a week. This model creates challenges, and new opportunities, for IT departments who must cater to split in-person and remote work environments while managing equipment, security, business continuity, and employee demands.
Cyber and information security regulations will continue to increase
A series of alarming cybersecurity incidents in the United States has made security and risk management a high-level issue for companies and state and federal government. As the number and sophistication of security breaches and leaks climb, the amount of legislation required to protect consumers has increased. Regulations are expected to be even more complex in 2023 making corporate compliance more burdensome. To meet these requirements, the demand for cyber and information security professionals across all industries will continue to grow.
Artificial intelligence (AI) will be leveraged
Companies continue to rely on AI as part of their everyday business to strike greater efficiencies and more effectively manage product inventory. With increased utilization comes increased demand, and the need for AI professionals will only grow over the next several years. Some upskilling and reskilling of existing IT workers may be required to meet the shift to AI, and there will be a need for developers, testers, programmers, and technology specialists.
Supply chain issues continue
The IT sector is still feeling the effects of chip shortages, increased product costs, and shipping delays. The rising costs that supply chain issues create negatively affect companies’ ability to upgrade their technology.
Contingent worker utilization
The talent shortage in today’s labor market presents a challenge to rolling out advanced IT automation and digital workplace technologies. To combat this, organizations will be required to look towards contingent IT workers—such as freelancers or independent contractors—that can help with workload management when there are sudden spikes in demand or a need for specialized skills that are in short supply.
Average job growth for all occupations is 15%, much faster than the average for all occupations. The positions with the highest projected growth in computer and information technology are:
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