One of the biggest hurdles for any company growth is sustainability. As operations expand, more employees and resources are needed to keep the wheels in motion, but improving systems and hiring the right professionals comes with built in down and ramp up time that can be more of a hindrance than a help.
According to the recent Q2 IT Industry Business Confidence Index that is released by CompTIA, after years of economic uncertainty companies have finally reached a point of sustained stability. The report shows that executives feel more confident about the overall economy and growth prospects across the industry.
One of the biggest ways this can be seen is in the hiring numbers. IT companies, for example, are in a better place to start investing in talent. The data shows that 33 percent of technology firms feel they are understaffed to some degree and another 42 percent are looking to hire more talent because operations are expanding.
"Understaffing may result in postponing or canceling projects, or engaging in prioritization that favors short-term goals over investing for the future," the report reads. "Not only does full employment benefit those seeking jobs, but companies that have the staff bandwidth to pursue new opportunities benefit over the long term as well."
The push to identify and acquire talent can already be seen. In Q1, companies posted 600,000 openings for core IT occupations, which is a 26 percent year-on-year increase. The problem is that 57 percent believe the hiring environment is considered either challenging or very challenging.
VAR Staffing helps organizations get over this hurdle by taking a proactive, best practice, approach in identifying and recruiting the most impactful IT talent on the market.