High-tech hiring forecasted to increase 28 per cent in Q2

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|hrreporter.com|Last Updated: 07/21/2003

Chief information officers (CIOs) forecast a net 28 per cent increase in the hiring of information technology (IT) professionals in the second quarter of 2001, according to RHI Consulting's Information Technology Hiring Index.

Twenty-nine per cent of executives surveyed said their firms plan to add IT personnel in the second quarter, while one per cent said they expect reductions. Sixty-nine per cent of CIOs foresee no change in staff levels.

The poll includes responses from 270 CIOs from Canadian companies with 100 or more employees. It was developed by RHI Consulting, a consulting services firm.

"Despite recent layoffs in the dot-com industry, the need for experienced IT talent continues," said Stephen Mill, senior regional manager for RHI Consulting.

Manufacturing sector IT hiring up 45 per cent

CIOs in the manufacturing sector predict notable employment gains in the second quarter. Forty-six per cent of technology executives said they plan to add personnel and one per cent expect reductions, for a net hiring increase of 45 per cent.

Employment projections are also expected to exceed the national average in the finance, insurance and real estate industries, where CIOs forecast a net 29 per cent increase in hiring activity, and in the professional services sector, where executives also predict a net 29 per cent rise.

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