According to an Auckland-based study released by IT recruitment firm Potentia, job ads are up in the ICT sector by 45% compared to this time last year.
Companies looking to maintain their current team or shrink it are only 10% of the market compared to almost 40% last year.
Potentia surveyed 209 individuals across 197 organisations in Auckland during April 2010. The study covered growth and change, staff acquisition and redundancies, salaries and internal morale.
During the next financial year, 84% of companies said that they are expecting growth. “This reflects strong business confidence, which can only be realised through expansion of the overall market,” said Potentia Managing Director, Josh Comrie. “Unidentified as a part of this research is narrowing down which segments of the market are going to see the most growth. Philosophically however, where is the money going to come from? We’ve not heard of a large increase in local CIO’s budgets and we’re all aware of the continuing shaky ground that is the global economic platform – so is this unfounded star gazing?”
82% of companies are said to be expecting to hire in the next six months. Comrie says there’s a clear correlation with the 84% of companies who expect revenue to increase. “The push towards utilisation may only go so far, as the great majority of people expect growth through the year contrasting with only 50% expecting additional headcount last year.”
You can find out more about the study here.