Tag Archives: it job market

Information Security Jobs Hot

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 Hot

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.

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Job Description Bundles

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:

 

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Top 10 Wanted Benefits for IT Pros

Top 10 Wanted Benefits for IT Pros – High Demand for IT Pro moves many companies to improve prized benefits for IT Staff

Top 10 Wanted Benefits for IT ProsJanco surveyed 275 organizations Janco to identify the top 10 prized benefits for IT Pros.

  1. Benefit coverage for domestic partners.
  2. Paid maternity leave.
  3. Partial payment of school load held by employees.
  4. Tuition reimbursement to recognized universities.
  5. Tuition reimbursement for programs that lead to technical IT certifications.
  6. Formal company training programs
  7. Employee wellness programs
  8. 401K with company providing matching contributions.
  9. Telecommuting
  10. Flexible hours

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.

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Top 10 IT Staffing Issues

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.

Top 10 IT staffing issues

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.

The results of the survey were:

  • Hiring new technical skills – 97 organizations
  • Retaining existing staff – 86 organizations
  • Improving existing staff skills – 74 organizations
  • Improving employee morale – 67 organizations
  • Providing competitive compensation – 48 organizations
  • Utilizing social networking in recruiting – 45 organizations
  • Maintaining productivity and service levels – 44 organizations
  • Providing competitive benefits – 41 organizations
  • Managing organization culture – 31 organizations
  • Providing viable career path – 28 organizations

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IT Job Market Explodes

IT Job Market Explodes – Now over 3.6 Million Job in the United States

IT Job Market Explodes – IT Job Market had grown by 34% since 2010.  This year Janco forecast that the number of new IT jobs will expand by approximately 100K.

IT Job Market Explodes

As of July 2019, 56,800 new IT jobs were created YTD. The forecast for the reaming 5 months of the year is that on average 8,400 jobs will be added each month resulting in 42K new IT jobs

CIOs and CTOs continue to be optimistic and do not see the hiring trend slowing.  The only downside to this is the contraction in the number of telecommunication jobs. In the past ten (10) years the number of Tel-comm jobs has shrunk by 20% from 890K to 712K.

Historic Number of Jobs in the IT job marketTele-comm jobs are being eliminated as organizations automate the function and fewer individuals are need to accomplish the same tasks.  This is the same type of job elimination that occured in that industry when it automated switchboard operaters to electronic swithes.

IT Job Market Explodes – As economy improves IT jobs lead the way in job creation.

Demand for IT Professionals is now focused at the interface between the end user of the data and the data stored on the cloud or in secured legacy systems.  Blockchain, cyber-currency, security, and compliance skills are the one highest in demand.

Janco has updated its IT Governance book to reflect the impact of this.

Read On Order IT Governance Infrastructure Strategy Download Selected Pages

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Taxable fringe benefits

Taxable fringe benefits

Taxable Fringe Benefits

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

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Employment Still Strong — But

Employment Still Strong — But it may be slowing

Employment Still Strong — But not as strong as earlier.  In the past month one state dropped out of full employment status – Ohio.  Full employment as defined by Janco Associates is 4.0% or less.

Employment Still Strong -- But

There are 35 full employment states in May 2019. That is one less with Ohio’s unemployment rate going to 4.1%

In addition to this, there still are only two states with high unemployment defines as 5.5% percent or higher.

States with high unemployment rates May 2019

As a not of caution, there are 3 states that are edging close to the high unemployment rates. Mississipi – 5.0%, New Mexico – 5.0%, and Arizona – 4.9%

Except for the Distrist of Columbia, none of these regions have high concentrations of IT employment.  As such they do not materially impact the IT job market.

Employment Still Strong — But some concerns

Hiring demand remains high for IT professionals with the United States.

Hiring Demand for IT Professionals

Based on data gathered by Janco Associates, hiring demand for IT Middle Management and IT Staff positions remain high. In addition demand for contractors an consultants is high as well.

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Right time to hire IT Pros

Right time to hire IT Pros – Almost 100K new jobs to be created this year

Right time to hire IT Pros

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 —

  • Mobile Apps
  • Artificial Intelligent Bots – B2C – Improve Customer Experience
  • 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

Chief Experience Officer Job Description

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.

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Updated IT job Descriptions

Updated IT job descriptions

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

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

Order IT Job Description HandiGuide Sample Description Download TOC

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Full Employment States

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.

Full Employment States

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.

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Top 10 Interview Questions

Top 10 Interview Questions

Top 10 Interview QuestionsTop 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:

  1. What is your greatest strength?
  2. What is your greatest weakness?
  3. How do you handle stress and pressure?
  4. Describe a difficult work situation / project and how you overcame it.
  5. How do you evaluate success?
  6. Why are you leaving or have left your job?
  7. Why do you want this job?
  8. Why should we hire you?
  9. What are your goals for the future?
  10. 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:

  • Prior employment
  • 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
  • Screening resumes best practices
  • Phone screening best practices
  • Interview top 10 best practices
  • Hiring best practices

Also included are electronic forms for:

  • Interview Questionnaire
  • Background Check Authorization

Read on Order Interview Hiring Guide Download Interview Guide Selected Pages

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