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IT is on the up!!. 60% of IT Managers expect to hire compared to 28% last year Paper and online advertising at highest level for over 2 years 55% increase in number of graduate vacancies IT Professionals can expect to receive 26% above the average UK wage. Why?. Strong Economy
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IT is on the up!! • 60% of IT Managers expect to hire compared to 28% last year • Paper and online advertising at highest level for over 2 years • 55% increase in number of graduate vacancies • IT Professionals can expect to receive 26% above the average UK wage
Why? • Strong Economy • Confidence returning to the IT sector • Market was artificially depressed in 2002/2003 • Market has more depth and stability than in the late 90s and 2000 • Many "professionals" and "agencies" left the market • Many new skills and initiatives driving the market
Where? Top IT Skills – All Permanent RankSkillNo of Jobs No of Jobs %Change Qtr2/2004 Qtr1/2004 1SQL 12486 11004 +11.9 2 UNIX 9214 8400 +8.8 3 C++ 9122 7909 +13.3 4 JAVA 8806 7339 +16.7 5 OFFICE 8402 7502 +10.7 6 ORACLE 7816 7089 +9.3 7 C 7574 6645 +12.3 8 VISUAL BASIC 5962 5219 +12.5 9 SQL SERVER* 5609 4664 +16.8 10 WINDOWS NT 4954 4676 +5.6
Hot Spots • Finance • Financial Software Houses • Telecomms • Public Sector • Consultancies
The Future • Off shoring Employer Confidence for 2005 • Near shoring • International Events IT increasingly business focussed • Security