Today is Veteran’s Day. United States President Woodrow Wilson first proclaimed an Armistice Day for November 11, 1919 by saying, “To us in America, the reflections of Armistice Day will be filled with lots of pride in the heroism of those who died in the country’s service and with gratitude for the victory, both because […]
In late September of this year, SolarWinds, a leading provider of simple, powerful, and secure IT management software, unveiled the results of a new survey examining the state of the technology job market amid industry-wide labor shortages and hiring challenges. The survey, released to coincide with the eight-annual IT Pro Day holiday, found that despite a potential economic downturn, […]
The term brand identity is often associated with ads and direct to consumer marketing, however a strong brand identity is also important for attracting top talent. Strong employer branding helps you attract top talent for less and convinces people to stay on at your company for longer. Employer branding is a significant tool in […]
Statement Of Work A Statement of Work or “SOW” is a formal document used in project management practices to broadly describe scope of work to be completed on a given project, the responsibilities of involved participants, and expectations regarding execution within the project. It’s a routinely used tool for the management of vendors, freelance, and contract […]
A Scrum Master is a professional who leads a team using Agile project management through the course of a project. A Scrum Master facilitates all the communication and collaboration between leadership and team players to ensure a successful outcome. What Is Scrum? Scrum is an Agile framework for developing complex projects, most often software. The Agile project […]
In our recent blogs, we have looked at strategies for attracting top talent. Improving the candidate experience and company culture are two pinnacles for attracting and retaining the best employees. Yet, you may be wondering, how do we effectively communicate our culture in a way that will reach potential candidates BEFORE the application process? Recruitment […]
Are there projects you want to put into motion but don’t have the budget or headcount for additional full-time workers? Or perhaps you already have an exceptional group of employees and just need a few additional skills to support your project objectives. IT Avalon has you covered!
According to an Indeed survey, 72% of job seekers say it’s extremely or very important to see details about company culture in job descriptions. What is company culture? It’s the heartbeat of an organization. It’s the vibe, the feels, and the secret sauce that makes a candidate want to come on board, and it makes […]
With the current worker’s market what can companies do to secure the best candidate? The number one priority for companies should be to build a better candidate experience. To better understand the optimal candidate experience we went to the frontline and asked our seasoned recruiters the following questions about candidate experience. 1. Are there any […]
With the summer months quickly passing, the IT Avalon team is still seeing a steady stream of open tech positions. While 2022 has brought headwinds of high inflation, rising interest rates and supply chain disruptions, digital transformation projects and other IT initiatives are for the most part staying on track in the second half of 2022. (Staffing Industry) Despite predicted layoffs and hiring freezes, the tech labor market appears to be largely unaffected and the layoffs have not been enough to move the labor market. As of August 2022, workers are still in the driver’s seat with seemingly unlimited opportunity (CNBC)
Looking back a bit, annual reports have by this time allowed us to get a good glimpse of IT staffing performance in 2021. In the 2022 Update of IT Staffing Gross Margins Trends, SIA reported that of 11 tracked publicly traded IT Staffing companies, three companies set period highs in gross margin in 2021. Average margin among the tracked group of companies was 22.5% in 2021, up from 21.3% in 2020 and the highest since 2015. The increase between 2020 and 2021 was the highest in all years tracked to date. (Staffing Industry)
Clearly, the year 2021 was a record year for IT staffing and 2022 continues to see the following trends (JOBMA):
- Talent dominates as candidates continue to reign
- Remote work culture is the candidate’s priority
- Technology tools are expected to become even more prevalent
- The focus is on valuing skilled workers
- Immigrant employees are welcomed
The greatest challenge for IT staffing firms is finding enough qualified candidates for the opportunities available. Companies who are securing top-tier talent have focused on improving the candidate experience, and we can attest that these companies are more favorable for candidates. In our next post, we will share our insights into which strategies are seeing the greatest ROI.
In summary, the IT labor market is as strong as ever. Candidates have an opportunity to secure new opportunities with more flexibility than ever. Companies that continue to focus on improving the candidate experience are seeing the best results in this challenging market.
About IT Avalon
IT Avalon staffs IT And Engineering projects nationwide for top-tier businesses across all industries. We thoroughly screen qualified candidates based on your specific needs to ensure the candidate is the right fit, the first time, every time. IT Avalon goes beyond the job description to find and place the best technical contractors and contractors-to-hire. Our clients love receiving higher quality candidates in less than half the time of other firms.
We work nationally and have hubs in most major cities in the US. We have a 95% talent retention rate and our seasoned recruiters have an average of 15 years’ experience. Please visit us at itavalon.com to learn how we can make your hiring process easier!