IT employer confidence is now at its highest in two years, according to recruitment firm, Hudson.
In this quarter’s Hudson Report: Employment Expectations, hiring sentiments rose for the sixth consecutive quarter.
Forty-four per cent of employers are looking for permanent staff for the rest of the year.
This represents a 2 per cent jump, a significant increase compared with the July quarter’s 0.2 per cent rise and a 1.1 per cent rise for the April quarter.
The financial services sector has continued to invest in revamping its IT environments to improve business processes and customer service. This has contributed to the positive result.
The consumer goods sector also helped as it calls in IT help to streamline supply chain processes to deliver goods in time for the Christmas rush.
With hiring confidence at an all time high, the IT jobs market has become more fluid leading to a focus on retaining staff.
“We are seeing candidates that were resistant to move start to move again based on opportunities and demand out there increasing over the past six quarters,” Hudson National ICT practice director, Martin Retschko, said. “There is a rush by employers to ensure full teams are in place going into next year.”
Part of this is done through hiring but also by introducing employee loyalty and leadership programs.
The Federal Election has taken its tool on the telco sector as hiring sentiments in the industry plateaued as a result of uncertainty that surrounded the National Broadband Network (NBN).
During the tight election, the Coalition was staunchly opposed to Labor’s $43 billion NBN. With Labor back in power and the NBN back on track, trepidation in the telco hiring market should ease, according to Retschko.
“That market is still buoyant and there is still confidence in the opportunities in the telco market,” he said. “We are expecting some healthy increase in the telco sector.”
While Retschko isn’t expecting a significant boost in employer sentiment, he is expecting the positive result to continue.
“Confidence will remain strong into January and February,” he said. “Based on some of the projects out there, it will continue through to next year.”