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The Future of Talent Management

TM. The Future of Talent Management. IT Labor Demand Research January, 2008. For questions please contact: Henning Seip SkillPROOF Inc. 510 Barnum Ave., Suite 402 Bridgeport, CT 06608 ph: 917-463-3941 email: Henning.Seip@skillproof.com. SkillPROOF Methodology. Data Source

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The Future of Talent Management

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  1. TM The Future of Talent Management IT Labor Demand Research January, 2008 For questions please contact: Henning Seip SkillPROOF Inc. 510 Barnum Ave., Suite 402 Bridgeport, CT 06608 ph: 917-463-3941 email: Henning.Seip@skillproof.com

  2. SkillPROOF Methodology Data Source SkillPROOF surveys the inventories of job openings at large, regional and nationwide direct employers. A direct employer (or principal employer) is a company which will employ the employee directly to work for it. Job openings at these employers are not published on behalf of a third party. All employers surveyed by SkillPROOF have job databases with complete listings of the employers’ current job openings. All job openings are counted and verified every 24 hours. All data sources have been verified for timely removal of filled or closed positions. SkillPROOF does not survey job boards since research has found that employers often advertise only a fraction of their job openings there due to the cost of advertising. Also, the same job opening may be posted on several different job boards. SkillPROOF does not survey sites operated or owned by search or staffing firms. Data Sample SkillPROOF currently tracks about 50,000 IT job openings from which a sample is generated. The sample is the base for SkillPROOF’s statistics. Job Opening Counts For this report SkillPROOF estimates the counts of job openings. Estimates are calculated directly from SkillPROOF’s actual daily counts of job openings and data/findings from the Bureau of Labor Statistics (BLS) which are available at http://www.bls.gov.

  3. 3Com Corporation Abbott Laboratories Accenture Ltd Adobe, Inc ADP, Inc. Aetna AIG Inc. Akamai Technologies, Inc. Allmerica Financial Corp. ALLTEL Corporation Amazon.com, Inc. Amgen Inc. Analog Devices, Inc. AOL Apple Computer, Inc. Autodesk, Inc. BAE Systems Bank of America Corp. BearingPoint, Inc. Blue Cross and Blue Shield Boehringer Ingelheim Booz Allen Hamilton Inc. Bose Corporation Cambridge Health Alliance Capital One Financial Corp. Cendant Corporation CIGNA Cingular Wireless LLC Cisco Systems, Inc. Citigroup Inc. Citrix Systems, Inc. Comcast Holdings Computer Associates CSC Compuware Corporation Concentra Inc. Countrywide Financial Corp. eBay Inc. EMC Corp. Ernst & Young International Fiserv, Inc FleetBoston Financial Corp. FMR Corp. Freddie Mac Gartner, Inc. GE Corp General Dynamics Corp. Goodrich Corp. Google, Inc. GTECH Holdings Corp. Hewlett-Packard Company Household International, Inc. Hyperion Solutions Corp. IBM Corp. ING Americas Intel Corporation Intuit Inc. J.P. Morgan Chase & Co. Kaiser Foundation Health Keane, Inc. KPMG International Kronos Incorporated Liberty Mutual Insurance Lockheed Martin Corp. MIT McKesson Corporation Metropolitan Life Insurance Microsoft Corp. Millennium Pharmaceuticals Morgan Stanley Motorola Corp. Nextel Communications, Inc. Nokia Corporation Northrop Grumman Corp. Novell, Inc NVIDIA Corporation Partners HealthCare System Perot Systems Corporation Pfizer Inc Pitney Bowes PriceWaterhouseCoopers Raytheon SAIC Corp. SAP America, Inc. SBC Communications SRA International, Inc. Staples, Inc. State Street Corporation Sun Microsystems, Inc. SunTrust Banks, Inc. Sybase, Inc. Symantec Corporation The Boeing Company The Gillette Company The Hartford Insurance The MathWorks, Inc. The McGraw-Hill Companies The MITRE Corporation The Pepsi Bottling Group The Progressive Corp. The Thomson Corp. Time Warner Inc. Travelers Tyco International Ltd. UBS Warburg LLC Unisys Corp. UnitedHealth Group Inc. Verizon Communications Wachovia Corporation Washington Mutual, Inc. Wyeth Yahoo! Inc. Partial List of Employers Included in the Statistics

  4. IT Job Market Remarks The IT Job Market will be growing slower this year than the past three years. A significant reason for this development is the development in the real estate market and the mortgage crunch. Construction is a very important part of the economy and a slowdown here has a negative affect rippling through many industries. Universities and students should look beyond this year and recognize the long-term trends in the number of job openings locally and national. The strong growth trend in IT will continue due to the continued proliferation of IT solutions in our daily lives. Most significant growth areas are open source software development, SOA and Large Systems Technologies like Virtualization. The demand for these technologies continues to grow at a very high speed.

  5. IT Job Market Nationwide The number of job openings for IT professionals nationwide has increased by 45.2% from 2004 to 2007. In 2007, the number of open IT positions has grown 2.0% compared to 2006.

  6. Estimated IT Job Openings USA 2004 - 2007

  7. Growth of Job Openings by Category, Nationwide, 2004 – 2007 IT Sales and Marketing 83.0% Business/Process Design 71.0% Software Development 50.9% Systems Administration 47.3% IT Management 43.1% IT Architects/Consultants 37.4% Systems Engineering / Support 28.7%

  8. Job Openings by Category, Nationwide, 2007 Systems Engineering / Support 49,500 Software Development 39,600 IT Management 24,800 IT Architects/Consultants 23,700 IT Sales and Marketing 14,900 Systems Administration 9,000 Business/Process Design 6,000

  9. Growth of Required, Hot Tech Skills, Nationwide, 2004 – 2007 SOA 1316% Virtualization 609% PHP 295% Linux 153% Web Services 143% C# 135% JavaScript 108% SOAP 94%

  10. Technology Job Openings (estimate) Most Required Tech Skills, Nationwide, 2006 MS Windows O/S 32,900 SQL 27,400 C++ 25,500 Java 28,300 Linux 17,800 Oracle DBMS 17,700 XML 15,800 HTML 11,900

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