Employees Have Edge in Today's Job Market - Page 1

Jan 26, 2007

Katherine Spencer Lee

If you’re planning to hire IT staff soon, the big question as you begin the process is just how much leverage you have in the current market.

Will it take a long time to locate the candidates your business needs, or will you be overwhelmed with resumes? What steps will you need to take to attract the best applicants? In which direction are salaries headed?

More Articles From Katherine Spencer Lee on CIO Update 


The Great Baby Boomer Migration


Preventing Staff Burnout


Base Salaries on the Rise


Easing Into Retirement

If you want to comment on these or any other articles you see on CIO Update, we'd like to hear from you in our IT Management Forum. Thanks for reading.

- Allen Bernard, Managing Editor.

FREE IT Management Newsletters


To help find the answers, Robert Half International recently partnered with, the online job site, to compare and contrast the perspectives of hiring managers and workers. More than 1,000 hiring managers and 3,000 workers were polled to determine which group has more influence in today’s employment market. The results were compiled in the Employment Dynamics and Growth Expectations (EDGE) Report.

While employers may have had the upper hand earlier in the decade, the EDGE Report shows the tide has now shifted. Fifty-five percent of hiring managers said it was difficult to recruit qualified staff 12 months ago, and 34% reported that it is even more challenging now. The vast majority (82%) believe it will be just as hard, if not more so, to hire skilled talent in the year ahead.

According to the report, staff-level employees are the most difficult to bring on board. This finding is supported by results of the Robert Half Technology Hiring Index and Skills Report for the first quarter of 2007, which revealed that individuals with Microsoft Windows administration (Server 2000/2003), network administration (Cisco, Nortel) or database management (Oracle, SQL Server, DB2) skills are in short supply.

In fact, competition for candidates with these qualifications is so intense job seekers often receive multiple employment offers, as well as counteroffers to stay with their current firms.

How are companies responding? To minimize the chances of losing existing staff and increase the odds of securing potential applicants, the most successful firms are recognizing the need to position themselves as employers of choice.

Many organizations are using compensation as a tool to achieve this goal. In 2006, 38% of hiring managers said they would increase salary levels for job offers in the next 12 months, up from 33% in 2005. Twenty percent said they’ve raised pay for current employees.

A growing number of businesses also have instituted new policies and programs to increase staff retention rates. Measures they are taking to keep their best employees, including allowing flexible work schedules, providing bonuses, offering more generous benefits packages and improving the office environment.

Results from the EDGE Report indicate concerns about employee turnover are not unfounded. Nearly half of the workers polled (44%) said it was likely they would pursue a new position in the next three years.

Employees Remain Cautious

Another interesting finding of the EDGE Report is many employees don’t yet have a sense of their leverage in the market. Only 15% of those polled thinking finding a job is easier today than it was 12 months ago. In addition, only 29% of employees are currently more likely to negotiate a better compensation package with a new employer than they were 12 months ago.

Page 1 of 2


0 Comments (click to add your comment)
Comment and Contribute

Your comment has been submitted and is pending approval.



 (click to add your comment)

Comment and Contribute

Your name/nickname

Your email


(Maximum characters: 1200). You have characters left.