Greythorn Technology Market Landscape Outlook H2 2014
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Transcript of Greythorn Technology Market Landscape Outlook H2 2014
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Technology Market Landscape:Outlook for 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.
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Technology Industry Sentiment:The Survey
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Greythorn Hiring Manager Survey
Source: Greythorn Client Survey
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Greythorn Candidate Survey
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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.
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Hiring Intentions
Source: Greythorn Client Survey
What are your hiring intentions in 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.
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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.
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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.
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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.
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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
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Topical Issue:The Recruitment Process
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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.
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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”?
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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.