What 2016 has taught us about Tech Recruitment so far.
The UK Technology sector has been growing at a significant rate for many years and already accounts for over 1.5 Million Jobs in the UK. Growing at a rate 32% higher than the national economy, and with some of the best tech start-ups situated in the UK, how has this affected successful technology recruitment?
Kyna Associates takes a look at the four trends currently affecting recruitment within the IT and Tech space:
- The number of Tech vacancies has continued to rise:
Despite the increasing skills gap within technology and digital recruitment, UK firms are still looking to increase their number of staff this year. Within this rise in vacancies, the number of contract opportunities is set to increase, as firms find it challenging to recruit permanent employees to match their tech requirements. According to Recruitment Finance Provider Sonovate, on average, the three highest paid contract opportunities in April 2016 ranked as follows:
IT Project Manager – £758
IT Auditor – £715
Senior Enterprise Architect – £700
In regards to demand, Java Developer was the most advertised contract opportunity, closely followed by DevOps Engineer and Solutions architect.
- Opportunities outside of the City:
TechBritain reports there are 26 tech clusters currently within the UK. The fastest growing of these outside of London has continued to be Reading & Bracknell, which also boasts the highest rate of Non-EU or international recruitment. Depending on your specialisation, it may be worth considering opportunities in the following Tech Clusters if you’re looking to get out of the city:
Cambridge: IoT, Cloud Computing, Data management and Analytics.
Birmingham: Digital Marketing and Advertising, Telecommunications and Networking, Cloud Computing.
Ipswich: App and software development, Ecommerce and Market Place, Digital Media and Entertainment
Leicester: FinTech, Ecommerce, Social Networks and Enterprise Software
Norwich: Digital Marketing and Advertising, Software and App development, Telecommunications and Networking.
- Salaries are on the rise:
Salaries are looking to rise by about 4% this year and according to TechCity UK, the Technology industry is creating new jobs at a rate 3 times higher than any other industry. The average advertised salary for opportunities within the Technology space is £50,000, 36% higher than the national average.
- The search for international talent continues:
Companies within the technology industry reported that “Access to talent” is the biggest obstacle to growth, even more than access to funding. As we previously highlighted, Reading currently stands the biggest international recruiter of non- EU talent with 29% of businesses stating they employ Non-EU workers.
With more companies looking internationally to fill their IT recruitment needs, Kyna Associates actively encourages our clients to consider applications from those outside of the UK and from international candidates. We have successfully placed international talent with some of the UK’s leading organisations, so if you’re interested in finding out about opportunities in the UK, or you’re interested in discussing how we could facilitate your international recruitment strategy, then get in touch with one of our directors.
Has continued growth within the industry provided you with better opportunities? How is your employer or business coping with the current skills gap? Let us know your thoughts, and follow us on LinkedIn for regular employment updates, market analysis and fantastic opportunities in IT, Business Change and Executive Appointments.