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Janco CEO quoted in the Wall Street Journal

eJobDescription.com website is the HR for Information Technology management

The CEO of Janco was quoted in the May 6th edition of the Wall Street Journal.

While CIOs typically play that role (CTO - Chief technology Officer), assigning primary technology responsibilities to a CTO could reflect a commitment to integrate technology further into core operations and product, said Victor Janulaitis, CEO of consulting company Janco Associates. "CTOs tend to operate more at the board level and deal with the overall strategy of the business," he said.

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AI and Healthcare Systems

HIPAA, AI, and Healthcare Systems

Artificial Intelligence and Enterprise Resource Planning are a process by which an enterprise can integrate all of it applications and data to improve and manage the operations of an enterprise. A job family is a series of progressively higher, related jobs distinguished by levels of knowledge, skills, and abilities (competencies) and other factors, and which provide promotional and compensation opportunities.

AI and cybersecurity positions continued to grow while overall IT unemployment hit a new high of 6% in August.

Throughout the years, there has always been a cyclical nature towards recruiting for support of new and emerging technologies. Whether it was Visual Basic, .Net, EMR support or ERP [enterprise resource planning] support health systems follow the trends. However, health systems often can't afford senior AI specialists.  As a result, Health systems typically rely on software vendors for AI solutions rather than building their own so recruiting AI experts isn't as much of an issue.

Health system have been increasing its AI staff very deliberately. In five years, we're going to see a very different level of support and competency in health systems data and analytics, advanced analytics and AI, relative to standard analytics or basic application support and infrastructure.

HIPAA and AI Job Description Bundle

The skills required to design, develop, implement, and manage these applications is defined in the 26 job descriptions in this bundle. The included job descriptions are: Vice President Strategy and Architecture, Chief Artificial Intelligence Officer, Chief Experience Officer, Project Manager Artificial Intelligence, Project Manager, ERP
Project Manager Enterprise Architecture, Artificial Intelligence Architect, Artificial Intelligence Developer, ERP Architect, Enterprise Architect, ERP Business Analyst
ERP Data Architect, ERP Decision Support Analyst, ERP Developer, ERP Functional Lead, ERP Infrastructure Administrator, ERP Master Data Analyst, ERP Process Owner, ERP Security Administrator, ERP Security Analyst, ERP Subject Matter Expert, ERP Team Lead, ERP Technical Lead, ERP Trainer, Large Language Model Developer, and Large Language Model Engineer.

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Which IT Pros are impacted the most by the 5.9% unemployment rate for IT

IT Unemployment rate hits 5.9% - which jobs are impacted the most?

From our interviews, data, and analysis, we see that many organizations are looking to improve their bottom lines.  To facilitate that they see that the IT function has some of the highest costs per FTE (full-time equivalents).  That includes contractors and consultants.  The mean compensation for IT staff now is $103,692 across all organizations.  If you add contractors and consultants that number gets closer to $150K. 

IT unemployment rate hit 5.9%

CIOs are focused on using AI to automate functions like customer support, exception reporting, and routine management of legacy applications.  As that occurs the number of FTEs is reduced.  To accomplish that CIOs need to hire or retain consultants/contractors who can "quickly" develop and deploy AI/ML solutions.  E-commerce and B2B linkages are areas of particular focus.  Individuals with those skills and experience are in high demand and quickly find jobs.  Traditional legacy IT pros are another case and the high unemployment rates hit them directly.

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IT Pro unemployment rate greater than national unemployment rate

BLS cuts 16K IT jobs from the initially reported in January in addition to 53,200 cuts made in January

The overall unemployment rate for IT pros in February fell to 4.3% from 5.5% in January. Also, the number of open unfilled IT positions rose from 154,000 to 211,000. This data implies hiring IT Pros could be on the upswing, but needs to be tempered as the IT unemployment rate of 4.3% is still higher than the overall US unemployment rate of 3.9%.

Information Technology unemployment rate

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Demand High for C-Level IT Pros

Median Salary over $209K

As technology takes a leading role in many enterprises there are now twelve c-level titles that are appearing within many World-Class IT functions. . The most frequently seen position titles are:

Chief Information Officer (CIO)
Chief Information Officer - Small Enterprise or SBU (CIO)
Chief Artificial Intelligence (CAIO)
Chief Compliance Officer (CCO)
Chief Data Officer (CDaO)
Chief Digital Officer (CDO)
Chief Experience Officer (CXO)
Chief Information Security Officer (CISO)
Chief Mobility Officer (CMO)
Chief Product Officer (CPO)
Chief Security Officer (CSO)
Chief Technology Officer (CTO)

c-Level Salaries Soar

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