A major hurdle to placing the right professionals in critical company roles is understanding, or misunderstanding, the current hiring climate. Competing media narratives can confuse and generalize the data, setting up false expectations for human resources managers and executives.
When final figures about the high number of layoffs in 2014 were first reported, it was easy to assume that this could be a hirer's market, with many out-of-work professionals looking for jobs. The reality, analysts have discovered, is that the conditions are a bit more complicated than that. Further research by CompTIA and others showed that the majority of capable and qualified tech experts are already employed, making this more of a candidate's market.
One of the best ways a tech company can get a firm grasp of the industry is by partnering with a staffing firm. An executive's primary job is to run his or her company, and while that comes along with some knowledge about the candidate marketplace, finding a firm that specializes in reading industry tea leaves can save valuable time in finding new employees. This can also help business leaders determine what a "competitive" salary is and provide other consulting services that streamline the process.
"With a strengthening economy, more workers may press current or prospective employers for higher wages," said Tim Herbert, vice president of research and market intelligence at CompTIA. "Employers unable or unwilling to pay higher wages may interpret it as a talent shortage, when in fact, it's a disconnect between what they want to pay and the going rate for the skills and expertise they seek."
Interpreting those trends and messages is how VAR Staffing matches tech firms with the best talent on the market. Contact us today to learn more about our record of success in the industry.