Call Us: 1300 409 070
Blog     CONTRACTOR LOGIN     SDP NZ

Blog

All posts in IT Recruitment

Australian Executive Employment Growth Driven By ICT Sector

Source: Staffing Industry

Executive Employment Growth Driven by ICT Sector

The Information and Communications Technology (ICT) sector outstripped every other business and industry sector in the recruitment of executives, with demand in the sector up by +70% in February compared with last year, according to research from executive search firm EL Consult, reports itwire.com.

Demand for executives across all other sectors was also relatively buoyant, increasing year-on-year by +24%. The engineering sector was the other sector, along with ICT, paving the way in increasing executive employment, with a rise of +35%  in February from a year ago.

The executive employment increases in both ICT and engineering follow gains in the final months of 2013. ICT led the way in February, assisted by a significant pick-up in all of the large states, while the marketing and financial sectors saw the smallest increase, largely due to only small gains in new government positions.

Is the party over for IT recruiters?

The recent article published in the Sydney Morning Herald, Is the party over for IT recruiters?’ described the Information and Communications Technology (ICT) sector as “slow times and belt tightening” stating that it has sent recruiters’ profits plummeting.

 

Is this really the case though? 

 

According to a recent published report A snapshot of Australia’s digital future to 2050’ by key analyst Phil Ruthven, commissioned by IBM, Australia’s ICT industry is predicted to grow from a $131 billion sector currently to about $1 trillion by 2050, demonstrating the importance of ICT to the economic and social wellbeing of today’s young people.  Therefore can we not expect this growth transfer on to the ICT recruitment market – surely we can!

 

Read more →