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.
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.
Top 10 Interview Questions – As recruting for strong IT professionals, what are the questions that need to be asked. In Janco’s Interview and Hiring Guide there a many tips and best practices that should be followed. Incuded are a number of top 10 lists of things to do. The Top 10 Interview Questions are:
What is your greatest strength?
What is your greatest weakness?
How do you handle stress and pressure?
Describe a difficult work situation / project and how you overcame it.
How do you evaluate success?
Why are you leaving or have left your job?
Why do you want this job?
Why should we hire you?
What are your goals for the future?
What makes you the best fit for our organization?
Other Interviewing tools
Each of these questions opens up the interview process and provides the interviewer an insight in to the candidate they are intervewing.
ncluded in the Guide are specific questions to ask in several areas including:
Position the candidate is interviewing for
Education and training
If this is a remote worker
Decision-making and creativity
Management and leadership
Non-work activities and interests
Questions that should be avoided
To make the recruiting and interviewing process meet the criteria set by world-class organizations, included are:
Questions the interviewer should be prepared to answer
Chief Experience Officer (CXO) Job Description. The Chief Experience Officer (CXO) drives 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.
The CXO is not only a user experience expert but also a seasoned marketing, brand, and product manager. As the role is transformational, the CXOs is responsible for the adoption of consistent user interfaces across the entire business. As with most senior executive titles, the responsibilities are set by the organization’s board of directors or other authority, depending on the organization’s legal structure.
The C-Level job description bundle contains the top eight (8) IT job descriptions. Each is between 5 to 8 pages long and is at the level of detail that KPI performance metrics can be defined and related directly to both employment contracts and compensation/bonus levels.
Chief Information Officer(CIO)
Chief Information Officer (CIO) – Small Enterprise
IT Job Market 2019 – in the first 4 months of the year the number of new IT jobs created exceeds 40K. That rate of growth is at a level that is beyond the number of individuals graduating from universities and trade schools.
IT Job Marker 2019 – April shows that 95,500 IT jobs heav been added in past 12 months. That is inspite of the loss of 29,600 job in Telecommunications
IT job market 2019 growth is at a pace that will be beyond anything that we have witnesses since the late 1960s.
A steady progression in the number of new IT job created has been consistent for the last two years. We do not see that changing for any time soon.
The areas where there has been the greatest inscrease in demand has been for those applictions that depend on remote users. For example, iOS and Andraoid applications which access big data are where there is a grea shortage of skilled IT Professionals. Add to that, the implications of cryptocurrency applications including blockchain and distributed ledger technology and you will find the disciplines that are the focus of new job creation.
In the course of analyzing data for our Mid Year IT Salary Survey, we found some interesting data on the Data Scientist position. First the individual who fill that role are on either coast . Few , if any, Data Scientist roles are in makets other than the technology centers. However, the median salaries for those postions is quite high.
Data Scientist median salary is around $210K. However the highest medias are San Francisco Bay area and Boston. Both of which is where there significant new product development.
Robotics and IoT specialists are in high demand and salaries are moving higher. Blockchain and DLP are also driving demand.
Robotics, Blockchain, and DLP processing are driving salaries
Any company that warehouses and/or ships componentsm manufactue dongles, perform testing, or fabricate materials has an opportunity to implement robotics. There are robots which can execute those tasks. In fact, it’s possible all of those operations could be served by the same robot.
The trend in industrial automation is task specific and can be customized and configured for an infinite number of deployment types. Companies which makes autonomous mobile robots for materials handling and picking & placing, can move materials in a warehouse just as easily as they can stock inventory in a logistics operation. When designing a lightweight pneumatic collaborative robot, manufactures have intentionally modeled it after a human arm, a nod to the range of tasks it was designed to perform.
The widest integration of collaborative robots has happened in industries like components handling. SMBs of all stripes are finding innovative ways to automate with collaborative robots.
The IoT – Robotics Specialist is tasked with being the primary focal point within the enterprise for the design, development, and implementation of service management process which conform with the Service-Oriented Architecture (SOA) within these technologies.
Low Unemployment is defined as being at 4% or less. There now are 35 states that have low unemployment.
There now are 35 states that have low unemployment. All but 6 of those states have unemployment rates lower this month than the same month last year.
When all factors are considered this is one of the best general job markets in a number of years. That is especially true for the IT job market that continues to expand as enterprises are investing heavily in technology.
There is still a forecast that says over 100,000 net new jobs will be created for IT professionals in 2019.
Blockchain job are hot
In a review of compensation for 12 comparable Blockchain related positions at a number of enterprises, Janco found that 10 of the positions surveyed had median salaries over $100K. The two positions that did not reach that threshold, were ones that have been around a while and are just now seeing the impact of blockchain. A Manager of Blockchain Architecture commands a median salary of $142,000, a Project Manager Blockchain is at $120,000, a Blockchain Analyst has a median salary of $123,500, and a Blockchain Developer commands $127,000. All at the upper end of salaries for IT Professionals.
Positions related to Blockchain and Distributed Ledger Processing technology are all hot. Salaries are rising and demand fo seasoned professionals is hig.
Blockchain job description critical to making the right staffing decisions
Why and what is blockchain? Blockchain technology is the application of Internet transasction process and data base technology in a way to store and to verify integrity. It is, primarily, a technology that uses cryptocurrency. With that, it enhances the trustworthiness of the transactions. Transactions become unchangeable once they are entered in the blockchain database. This is valid for all the data that the users use and share.
Typically, the blockchain application works with the most popular cryptocurrency, known as Bitcoin. It is a virtual currency that application uses to keep track of all the transactions that take place on the blockchain network. The applications of a reliable database like this can be many, and they are not limited or restricted to finance only. Information Technology architects are actively engaged in working with the Blockchain Technology. In addition, these professionals are optimistic about finding new products or applications with blockchain. For example, after the successful implementation of a blockchain system, in all likelihood the application can be extended to suppliers and customers alike.
The Blockchain developer is responsible for developing innovative solutions to challenging problems, including command and control and high integrity solutions. Perform complex analysis, design, development, testing, and debugging of computer software for distinct product hardware or technical service lines of businesses. Perform software design, operating architecture integration, and computer system selection. Operate on multiple systems and apply knowledge of one or more platforms and programming languages.
The Blockchain developer is challenged with legacy infrastructure that will be the main obstacle to successful implementations. This is coupled with the challenges of technical understanding – the practicality of implementing decentralized cryptosystems that fall outside of the traditional IT development skill-set.
Women career opportunities in high growth positions
Women Career Opportunities are on the rise with both an improved economy and the increased role women play in many organizations. In addition, 3 of the 10 top growth career areas are in IT.
In the IT recruiting process, there now are more women that are in the mix. That includes jobs from CIO to blockchain developer. Recruiters need to be cognicant of the implications of that. To that end, the IT Hiring Kit address the issues associated with recruiting and retaing qualified female IT Professionals.
Based on data provided by the BLS and with Janco’s analysis, it is exceedingly clear that IT will play a major role in the advancement of many women.
Sexism is dead in IT – we think
Of the top 10 growth careers for women 3 are in IT. Many women career opportunities are in these three career areas are:
Software developers, application, and software systems is projected to grow by 12% by 2026 and currently has a median salary of $89,804.
Computer and Information Systems Managers is forecasted to grow by 24% and currently has a median salary of $85,593.
Management Analysts should grow by 14% and current occupants of that position are paid a media salary of $74.734.
All of this point to a bright future for women in the technology.
SME High Paid IT Pros all make over $100 according to Janco’s IT salary survey
SME high paid IT Pros in a job market that shows no sign slowing down. More companies are looking to invest in new technology. This results in high demand for can-do professionals. In additions salaries for these information technology professions is on the rise.
The highest paid IT Pros in the SME job market are all over $100,000. Janco predicts that the median salary for all IT Professionals in SMEs will be over $100,000 within the next year. The top paid individuals are:
Vice President – Chief Information Officer – $165,494
VP – Security (CSO) – $142,525
VP – Technical Services – $138,881
VP – Consulting Services – $138,213
Director – Systems & Programming – $133,190
VP – Information Services – $133,094
Director – Production/Data Center – $115,651
VP – Administration – $108,785
Project Manager – Distributed Systems – $107,203
Manager – Systems and Programming – $106,870
Comprehensive IT Job Descriptions
Along with the salary data provided in the IT Salary Survey, there is an option to get full job descriptions for each of the positions surveyed. In addition, as an option, all 300 plus job descriptions that are published by Janco are available.
Recently the firm updated it IT Hiring Kit which contains the latest salary data and job descriptions.
Options available for getting the latest compensation data along with job descriptions. In addition, this kit comes with the Interview and Hiring Guide