As we approach the half year mark and the traditional lull that summer holidays can create, it seems like an appropriate time to assess the current market conditions.
It will not come as a surprise to most people, when we confirm the market is better off now than it was at anytime during 2010 and 2009. Unemployment figures have dropped dramatically over the last 6 months, the biggest single fall for over 10 years with IT performing particularly well. However, while the amount of people in work is rising, the amount they are getting paid is not. The rise in earnings including bonuses has been very small, mainly due to little or no pay rises and smaller bonuses across the private sector.
Depending on the sector you are in, you will have experienced some very different swings in fortune of late. It is no secret that while in the depths of a recession, the Government attempted to stimulate the market by increasing it’s spend on public sector projects adding to what seemed like a never ending amount of IT projects, quangos and large change programmes. However clearly the burden of national debt and the coalition government’s decision to make sweeping cuts throughout the public sector has meant redundancies, IT projects being canned, change programmes cancelled. The number of people in employed in the public sector fell by 24,000 over the first quarter to reach 6.16 million but the number of people employed in the private sector increased by 104,000 over the first quarter to reach 23.08 million.
The huge shift in fortunes, especially for those working on large IT projects within the public sector will be difficult to manage for some. We are seeing many more candidates with good public sector experience trying to get back into the private sector and flooding the market with CV’s. However, the general perception from the private sector is that public sector projects lack commercial pressures such as those experienced in business lead technology projects across financial services, pharma and media. This is not helped by the perceived failure of some high profile public projects that promised much and delivered little. This will make it even harder for those individuals wanting to come back into the private sector after their perceived public sabbaticals.
The private sector is going strong with Media, Technology and Financial Services performing particularly well. There are now more permanent and contract jobs being advertised than at any point in the last 2 years and there is no reason to suggest this will change dramatically.
Developers with in depth .Net and Java are still very much in demand with SharePoint and SSRS being of particular interest to a number of high profile companies. Windows XP is moving into Microsoft’s extended support lifecycle and confirmation that it will no longer be supported as of April 2014 from Microsoft means many companies are finally planning desktop upgrades to Windows 7. We are seeing a strong need for rollout engineers with experience of Microsoft 7 and SCCM. Microsoft’s new ‘SMS’ could be the delivery choice for many companies embarking on a roll out and an excellent skill to have moving into 2012.

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