EdgeLink, a boutique IT staffing and recruiting firm, is launching plans to hire more sales and recruiting professionals to meet the growing demand in the Denver IT market. Information Week and Dice previously ranked Denver among the top 10 U.S. cities for IT professionals and it continues to entice Millennials to the region. With that corresponding increase in talent, EdgeLink is expanding its internal team once again. Continue reading
The Denver IT market is finally getting its dues. Back in February, Information Week and Dice partnered up to release their list of the hottest cities for IT professionals and Denver was in the top 10. That’s no surprise to people in Colorado.
According to Dice, the average annual IT salary in Colorado’s capital is $94,940, which is eighth highest in the country. But where is the Denver IT job market expected to go from here? Continue reading
If you’ve tried to hire an IT professional in the past six months, you may have noticed it more challenging than before. Maybe you found the right person but they accepted another position before you could extend an offer. Or it could be that they started your job but left half way through the contract for another, “better” position. Two market trends have been the largest contributors to this occurrence:
1.) The IT job market continues to steadily grow, having expanded 31% in the last 15 years.
2.) The unemployment rate in IT is 2.3%.
The increase in technology jobs in the market along with a low number of IT professionals looking for work has made it harder to find IT talent today. Additionally, the Information Technology and Innovation Foundation found that 48.3% of college students that initially enrolled in STEM programs are changing their minds and pursing non-STEM related fields.
It seems the only guarantee in life is that nothing stays the same. Look back a few years and candidates were at the whim of those scarce few companies hiring. Now, as approximately 54% of employers look to hire full-time, permanent IT employees, we see a reversal in favor of a competitive candidate market. That type of shift means old hiring tactics will have to go the way of the Blackberry Sidekick.
Last year, Indeed found that if a business fails to fill an open position in the first 30 days, there’s a 57% chance that it’ll remain open for 3 months or more. That can have a serious financial impact. What’s behind that hiring inertia? We think we have an idea. Continue reading