Not a Member? Get access to HR news and resources that you can trust.
Change can be scary, but deploying new HR software doesn't have to be.
Is your employee handbook ready for the New Year? With SHRM’s Employee Handbook Builder get peace of mind that your handbook is up-to-date.
Get the HR education you need without travel expenses or time out of the office.
We don’t just visit a city, we take it over. Join the HR community in NOLA -- June 18-21, 2017.
Employers value experience, certification, loyalty and interpersonal skills more than education
Some information technology employers would offer up to a 15 percent salary increase in order to attract and retain top talent, a new study says.
That's because recruiting in the tech industry is so challenging.
"With the tech sector unemployment rate at 2.6 percent, the pool of available and skilled talent is smaller than ever," said Jack Cullen, president of Modis, an IT staffing agency, quoted in a news statement. Modis conducted the study,
Tech Trends: IT Leaders and the Employment Market. In contrast, the overall unemployment rate is 4.9 percent, according to the Bureau of Labor Statistics.
"Nearly two-thirds of tech employers are open to offering currently employed candidates a 6-15 percent [pay] increase to their current salary to attract the cream of the crop," he said in a later interview with
SHRM Online. "Today's employers need to be open to negotiation, and today's candidates need to be prepared to negotiate."
But what should employers offer? Using salary guides or
compensation reports can help. As
SHRM Online reported earlier this year,
IT salaries are on the rise. For example, at the high end of the scale, Robert Half lists the average salary for a chief information officer (CIO) at $268,250—a nearly 5 percent increase from 2015. In Modis'
IT Salary Guide for 2017, the average annual salary that an information security manager can expect to earn in 2017 is $118,000.
Modis surveyed 500 IT professionals who were responsible for hiring within their organizations.
The study also found that 35 percent of those surveyed said they would rehire talent who had previously left the company three months before, and 33 percent said they would rehire previous employees no matter how long ago they had left.
Experience, Certifications Highly Valued
Work experience, professional certifications and loyalty were highly valued criteria when considering candidates, the study revealed. Education? Not so much.
Twenty-eight percent of respondents said work experiences and certifications are more important than education when evaluating a candidate. Loyalty is important, too.
"While 'the grass is always greener' mentality tends to be a common perception among highly-skilled and employable tech workers, loyalty is a trait that IT decision-makers view most positively," Cullen added. "It's been found that candidates with tenure of five or more years at their previous post (58 percent) were more attractive applicants."
Cullen said the most surprising thing the survey revealed was the desire for IT employees with better interpersonal skills.
The chief technology officers, chief information officers, presidents, directors, managers, engineers and other IT decision-makers responding to the survey viewed teamwork and interpersonal skills as the most difficult soft skill to find in tech candidates (31 percent), followed by communication skills (26 percent).
"In my experience, people were attracted to IT as a career path in the past because the profession didn't involve much interpersonal communication. But that is changing," he said. "We have seen this desire for IT candidates with strong communication skills reflected in recent hiring decisions. For instance, some companies are hiring a less qualified candidate over a more qualified one simply because the less qualified candidate can tell a better story."
You have successfully saved this page as a bookmark.
Please confirm that you want to proceed with deleting bookmark.
You have successfully removed bookmark.
Please log in as a SHRM member before saving bookmarks.
Your session has expired. Please log in again before saving bookmarks.
Please purchase a SHRM membership before saving bookmarks.
An error has occurred
Recommended for you
Join SHRM's exclusive peer-to-peer social network
SHRM’s HR Vendor Directory contains over 3,200 companies