Information Technology (IT) is a people intensive area of employment. As the IT Job Market expands CIOs and Human Resources (HR) professionals need to be aware of the critical nature associated with the management of those resources.
The IT market is now at 3.5 million plus individuals.
Information Security Jobs Hot – Salaries start in the mid $70K range
Information Security Jobs with salaries ranging from $75k thru $210K. With the help of serveral client organization, Janco has designed a Information Security Job Family with pay ranges. The data contains the entry level salaries, median and highest salaries for individuals in those positions. The chart below depicts that information.
Information Security jobs are among some of the hardest to fill. As a result the salaries for this positions almost all within the low six figure range.
No longer are organizations are looking for just the CSO (Chief Security Officer), rather they are looking to fill out the infrastructure to support the CSO.
IT Job Family Classification
Both in an individual’s personal career planning and an enterprise’s staffing, promotion and compensation it is important to have benchmarks on the levels that individuals are at. To that end, one of the best objective ways to meet this goal is to have formal job descriptions and clear paths for promotion and compensation.
Janco has developed job description bundles to aid in the recruting process.
For those clients who do not want to acquire the entire HandiGuide there is an option to select subsets of our complete offering. These subsets are focused around particular areas of interest and provide you a way to get the benefits of Janco’s expertise in a limited and lower cost manner. All of the bundles have been updated in the last few months. They include:
Top 10 Wanted Benefits for IT Pros – High Demand for IT Pro moves many companies to improve prized benefits for IT Staff
Janco surveyed 275 organizations Janco to identify the top 10 prized benefits for IT Pros.
Benefit coverage for domestic partners.
Paid maternity leave.
Partial payment of school load held by employees.
Tuition reimbursement to recognized universities.
Tuition reimbursement for programs that lead to technical IT certifications.
Formal company training programs
Employee wellness programs
401K with company providing matching contributions.
In another recent survey, the top 100 best places for IP pros to work did include many of these benefits. Many have done so in order to recruit and retain high performing IT Professionals.
The trend is for more benefits to be provided. Some companies even go to the extent of having game rooms, free lunch programs, catered meals, sporting event special seating, and free drinks like soda, coffee and tea.
Top 10 IT Staffing Issues for CIOs and HR Pros identified
Top 10 IT Staffing Issues that CIOs and IT Pros face when looking at the increased demand for staff.
Survey conducted by Janco Associates, Inc. identified the the staffing issues that CIOs and HR managers have. CIOs and HR professionals in those organizations were asked to list and rank their top 5 IT staffing issues. 129 companies participated in the survey and included both large and mid-sized companies with CIO that had at least 150 professionals under their direct control.
Fringe Benefits need be included in the calculation of total compensation
Taxable fringe benefits are benefits an employer provides to any employee, partner, or independent contractor. A recipient of any taxable fringe benefits, must include the benefit’s fair market value in their annual taxable income calculation. Taxable fringe benefits are subjected to all federal income taxes, as well as FICA and FUTA.
Employees who currently use their own car for business-related driving must take care not to exceed the IRS stated mileage rate as any payments for the excess amount would be considered taxable income.
The following are examples as taxable fringe benefits:
Any reimbursement for any employee job-related moves of fewer than 50 miles
Clothing that is suitable for street wear that has been given to employees
Educational assistance payments that do not relate to the employee’s job or exceed the allowable IRS threshold
Cash awards and non-cash awards are taxable unless given to charity
Expense reimbursements lacking an adequate accounting is taxable
Blockchain DLT career path included as a job family
Blockchain DLT career path has been added to the IT Job Family Classification System. Not only is it included as an individual job family, it is also linked to all of the other IT job families in that offering. Having clearly defined job paths a the first step in long-term career planing. That is true for the individual as well as the company employing them.
Blockchain DLT career path is defined in the classification system. In addition point of entry and exit to the other functions within IT have bee identified
The ways to migrate to and from the Blockchain DLT job family have been identified and documented by Janco. With this tool it is now easy to:
Define career development opportunities within a Blockchain DLT job family and movement into and out of the job family to the other job families.
Discuss career planning, clarify specific training needs, and consider course enrollment and career advancement
Track job applicants and analyze data for reporting
Set pay grades and get accurate salary requirements by understanding jobs and their requirements better
Evaluate jobs more consistently by comparing similar jobs in the same job family
Right time to hire IT Pros – Almost 100K new jobs to be created this year
Before the labor market gets tighter now is the right time to hire IT Pros
The right time to hire IT Pros is now before the labor maket gets tighter. In the first five (5) months of 2019, 34,600 new IT jobs were created. Almost 70,000 more new jobs will be added in the remaing months of this yera. This is the perfect time for development projects. Labor rates have never been lower. From building —
Artificial Intelligent Bots – B2B – Improve Human Resource Experience
Integrations, Customizations and more.
CEO and CIO say focus is on the customer experience – right time to hire IT Pros
CXO drives customer experience. Right staff is critical
A great customer experience is all about catering to the customers’ expectations. Customers can be consumers or staff. Customers want choices, and instant results. Customer experience or CX cloud applications provide customers with seamless, personalized and immediate experiences. With recent trends showing that social media greatly influences customers into making decisions, CX cloud allows an enterprise to engage with customer at every level throughout their life-cycle.
This has created a demand for the CXO – Chief Experience Officer. The CXO needs to drive the hiring effort.
Updated IT job descriptions are important for an entire range of reason. The foremost is that updated IT job descriptions clearly define what roles and responsibilities the individual filling that role has. In addition it clearly defines metrics for the position which can be translated into Key Performance Indicators – KPI.
Promotions depend on Updated IT Job descriptions
Janco updated the IT Job Descriptions continually. At least once every 12 months each job description is reviewed, edited, and updated to meet the latest requirements for the position.
The labor market for qualified professionals is tight. With that as an factor in staffing, promotions become more important. It is easier to higher an entry level individual than first tier performer for the two levels up. With that in mind, position descriptions should include career path and promotion opportunities.
Training and education are ways in which CIOs and IT Managers can improve the quality of their staffs. Janco has created a number of tools which are being used today by over 300 of the Fortune 500 organizations.
The main offering Janco has is its full IT Job Descriptions. It comes as individual MS Word files, epub book, or the complete HandiGuide
IT Job Descriptions HandiGuide includes sample organization charts, a job progression matrix, and 300 Internet and IT job descriptions. The book addresses all mandated requirements, including the ADA, and is in an easy to use format. This can be purchased as a complete set or bundles of job descriptions
One of the best ways to avoid this problems for IT Prfessional new hires is to implement Janco’s IT Hiring Kit. Rather they are an individual contributor
10 reasons why new hires fail have been identified in a recent study by Janco Associates, Inc. They are as follow:
The Job descriptions used in the recruiting process are not accurate and/or are out of date
The new hire is not a team player
The skills and experiences presented by the new hire are inflated.
The new hire causes friction with the organization
The skill the the new hire has are not a fit to the enterprises requirements
The new hire is not motivated to meet the needs of the organization.
The new hire is looking towards expanding their own resume not to meet the requirement of the position.
The new hire has to have things their own way and are not very adaptive.
The new hire is careless and not very attentive
The new hire is a prima donna
In the recruiting and hiring process, steps need to be taken to see that none of the items above are part of the new hire’s characteristics
Solution to minimize hiring mistakes for 10 reasons why new hires fail
IT Pro’s Hiring Kit – Includes latest IT Salary Data, Interview and Hiring Guide, and 300 Job Descriptions – In today’s economy, nearly every organization faces pressure to have the right talent in place, run at peak efficiency and “do more with less”. With the economy improvement and lowest unemployment numbers in several years, HR departments are pressured to get qualified professionals on board now.
Full Employment States – More than at any time in the past 20 years
Full Employment States are defined as states that have unemployment rates at 4.0% or less. With the latest unemployment numbers reported, there now are 36 states that have reached that milestone.
When looking at the states on a year to yar comparison, it is very clear how the overall job market has improved.
When looking at the full employment states, only six have unemployment rates that are higher this year than last year. However, in each of these case both this and last year are both at full unemployment levels.
Full Employment States – IT Job Market continues to expand
With the state of the economy as it is, the IT Job Market continues to tighten. We forecast that over 107,000 new jobs for IT professionals will be ceated in this calandar year. That will make it two years in a row where the number of new IT jobs created is over 100,000.
Pressure is added to over salaries as it gets harder to find qualified IT professionals to fill roles in he new electoric market place. Blockchain and the move towards get data, including big data, closer to the consumer of the it. New roles are define like the Chief Experience Officer (CXO) whi is the driver the enterprise’s growth in the user experience arena. They oversee operations in all user experience sectors like marketing, image setting, mobile applications, social media, related technologies, and virtual goods, as well as web-based management and marketing.