2007 Market Analysis: Employers Fight to Fill High-Impact Positions
Philadelphia, Pa.—January 3, 2007—The war for high-impact talent in technology-based industries continues to rage, putting pressure on wages to rise in the coming year. That’s the result of the latest market analysis compiled by Yoh, a leading provider of talent and outsourcing services and a unit of Day & Zimmermann.
According to Yoh’s findings, companies will have the most difficult time in 2007 finding candidates with specialized technical skills and specific domain and industry experience, especially for technology services and device manufacturers in the hardware space, as well as clinical research and R&D departments in the pharmaceutical, medical device and biotech space.
The two categories that Yoh’s research suggests currently fall short on high-impact talent— R&D and software developers—will continue to experience this same trend next year. Specifically, the 2007 Yoh market analysis found there will be nationwide demand in the R&D space for clinical research associates, biostaticians, firmware engineers, and hardware engineers. Yoh predicts strong demand in technologies like Business Objects and Java, as well as jobs as MS developers, SAS programmers, and systems architects. Additionally, a steady stream of upgrades by ERP vendors, as well as growing adoption of standardized enterprise SOA platforms are creating a significant need for qualified talent such as Oracle and SAP consultants and experienced database administrators.
“The technology market continues to grow, which keeps pushing wages up,” says Jim Lanzalotto, Vice President of Strategy & Marketing of Yoh. “Hiring managers are continuing to look for specialized talent to help them keep up with maturing technology. For example, a candidate with .Net developer skills and pharmaceutical experience is far more engaging to a hiring manager than a candidate with the skills but not the market expertise or experience.”
Yoh’s 2007 market analysis also examined the technology skills in greatest demand by employers in 12 major U.S. technology hubs. Yoh found some of the hottest regional jobs to be:
• Atlanta: Java Developer, MS Developer, Project Manager
• Austin/Dallas/Houston: .NET C# Developer, Java/J2EE Architect and Developer, SQL DBA
• Boston: Business Systems Analyst, Project Manager, Clinical Research Associate
• Charlotte: Java Developer, MS Developer, Project Manager
• Cincinnati/Cleveland: SAP consultant, Oracle consultant, Oracle DBA
• Indianapolis: SAP consultant, Oracle consultant, Oracle DBA
• Northern New Jersey: ERP Consultant, CRM Project Manager, .NET Developer
• Philadelphia: Network Security Specialist, Java Developer, .NET developer
• Phoenix: .NET Developer, Project Manager, Java/J2EE Architect and Developer
• Research Triangle Park: Clinical Research Associate, Clinical Project Manager, Clinical Data Manager
• Seattle: Software Developer Engineer, Hardware/Firmware Engineer, MS Developer: .NET, C#, VB6
• Silicon Valley: Firmware Engineer, ASIC Design Engineer, Embedded Engineer
• Southern California: Software Engineer - Applications Development, Software Engineer - Embedded Systems, Aerospace Engineer
In examining employment trends, Yoh’s analysis found that the nation’s strong rate of employment is drying up the available talent in the labor pool. The company also noted that hiring managers are reaching beyond their geographic boundaries, realizing that high-impact technology consultants no longer need to be on site.
“Heading into 2007, hiring managers will need a foolproof battle plan to hire top talent with expertise in their specific industry,” says Lanzalotto. “And to mobilize effectively, HR leaders need to be proactive in their talent acquisition efforts, and concentrate on developing an engaging employer brand with attractive compensation packages that will draw in the best qualified talent from the shallow labor pool.”
To access the full 2007 market analysis report and view list of the top 10 positions in greatest demand in a variety of regions, visit www.yoh.com/hotskills.
About Yoh
Yoh is one of the largest providers of talent and outsourcing services to customers in the United States. With over 367 million USD in total sales, Yoh operates from more than 75 locations and provides long- and short-term temporary and direct placement of technology and professional personnel, as well as managed staffing services, for the information technology, scientific, engineering, health care and telecommunications communities. For more information, visit yoh.com. Yoh is part of Yoh Services LLC, a Day & Zimmermann Company.
About Day & Zimmermann
Day & Zimmermann accelerates customer success by delivering reliable managed services. Operating from more than 150 worldwide locations with 1.6 billion USD in revenues, the Day & Zimmermann family of companies employs 20,000 professionals and is currently ranked in the top one percent of private companies in America by Forbes. Founded in 1901 and headquartered in Philadelphia, PA, Day & Zimmermann is a former winner of the U.S. National Family Business of the Year award. For more information, visit dayzim.com.