Tech professionals are in demand – 78% of organizations across all industries plan to increase their cybersecurity spending over the next year. 73% of IT industry leaders expect to struggle to recruit data scientists or fill other open tech positions. Nearly 3/4 of U.S. IT workers are interested in leaving their job in the next year due to toxic work environments and a lack of upward mobility and job flexibility. Globally, less than 1/3 of IT employees intend to stay with their current employer. This is all from the new ConnectWise with study data.
According to Robert Half’s 2023 Salary Guide, business leaders remain focused on expanding, accelerating, and protecting their IT investments over the next 12 months, despite many companies preparing to feel the squeeze of an economic downturn. 79% of chief information officers (CIOs) and chief technology officers (CTOs) report feeling ‘very confident about their company’s growth prospects in the year ahead, citing efficiency and productivity (31%), computing initiatives (26%), digital transformation (24%), and blockchain and Internet of Things (IoT) projects as their top strategic priorities for 2023.
This amidst other calls among Big Tech companies of the “great hesitation” – cutting costs and expenses in anticipation of a recession.
Why do we care?
I’m intrigued by this sense of impending staffing doom from Big Tech versus the reality of most technology companies struggling to find staff. Don’t let the lousy business planning of a few companies send the wrong message. Facebook’s struggles or Amazon’s hiring strategies are not what to keep an eye on – instead, let’s focus on the majority of IT professionals still in demand. That’s good for individual pros; it’s good for the demand side of IT services and IT outsourcing… and intense pressure to keep staff for the services companies themselves.
And that’s why we care. Ignore the noise of a select few.