Monday, November 29, 2004

CIO Insight Survey of CIOs


The November 2004 issue has an interesting survey.

39% of CIOs have increased their staff this past year(the average increase is 15% for organizations taht have enlarged their IT staff). 40% have been at the same level. 77% of respondents incated that the icrease was to keep up with orporate growth.

When asked where they expected their staff size to be two years from now, 59% reported it would be greater. The most optimistic was among CIOs of organizations of $100MM or less in revenue. 45% of the CIOs of $1 billion organizations expected it to be increased).

The average company outsources 14% of its labor. That is expected to increase because nearly 80% of IT executives say that outsourcinghelps their organizations.

Colleges receive mediocre grades for preparing students for work in the "real world". The lack of preparedness covers a range from project management, business acumen and interpersonal skills (more than a 70% vote for each) to leadership (48%) and technical skills (37%).

The best news was in response to this statement:

We expect that recruiting IT staff will be more difficult in the coming year than i the past 12 months.

50% of respondents agreed with this statement.

What does all this mean?

Staffing will increase in 2005 and I would expect wage scales to improve as well as firms start to spend a little more to compete for talent. Big companies will numerically have more positions, yet the staffing opportunities will be across the board.

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