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Before Coronavirus US Job Market was Hot
eJobDescription.com website is the HR for Information Technology management
39 States were at full employment before coronavirus
In January 2020 the US job market was hot. The number of states at full employment moved upto 39 from 38 in the prior month. What will be interesting to see is what will happen to the unemployment rate due to lost jobs the later half of the first quarter and second quarter of 2020. We bet that will not be a rosey picture.
- Before Coronavirus US Job Market was Hot
IT Job market continues to expand
Over 100,000 net new IT jobs will be created in 2020
The IT Job Market now is over 3.65 million individuals in the US. In 2011 that same job market was 2.85 million. That is over 800,000 new IT jobs in less that nine years.
That growth is driving up salaries, which grew by 4.9% last year.
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- IT Job market continues to expand
Top 10 Ways to Verify Resume Information
Hire the best and avoid the rest
Top 10 Ways Companies Verify Resume Information have been identified by Janco as part of its annual IT Salary Survey data collection process. They are:
- Checking References
- Evaluating candidate's social media persona
- Evaluating candidates during the interview process
- Checking Employers/Schools listed on resumes
- Conducting Generic Internet Search
- Checking Public Records
- Asking specific questions of candidates
- Probational hiring
- Samples of candidates' work
- Tests during the hiring process
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- Top 10 Ways to Verify Resume Information
Top 10 paid IT Positions
2020 IT Salary Survey Identified the Top 10 portions within IT - All are executive or middle management
2020 IT Salary is released with some interesting findings. The survey identifies the positions that have the highest levels of compensation. Those positions are:
- Top 10 paid IT Positions
- VP Chief Information Officer -CIO
SMB - $186K Large -$220K- VP Security - CSO
SMB - $145K Large - $182K- VP Information Services
SMB - $149K Large - $174K- Director Systems & Programming
SMB -$149K Large -$173K- VP Technical Services
SMB - $117K Large $172K- VP Consulting Services
SMB - $157K Large $165K- Director Production/Data Center
SMB $127K Large $164K- Director IT Planning
SMB $114K Large $151K- VP Administration
SMB $130K Large $136K- Manager Computer Operations
SMB $105K Large $128K
Tenure of CIO
Tenure of CIOs is impacted by booming economy
Tenure of CIO is now 4 years and 6 months.
The primary driver was that 19% of all CIOs had a tenure of 12 months or less. At the same time last year, the same 12 months or less group was 15%. In addition, 28% of all CIOs have held their positions for 24 months or less versus 40% in January 2019.
We have found that between the 24 months and 36 month tenure period a number of CIO leave because the opportunity they were looking for was not there. Also, a number of the CIOs did not meet the expectations of the C-Level management team.
- Tenure of CIO
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