Turnaround?

We've finally seen a small turnaround in the hiring mentality from some of our clients. Despite not seeing a great deal of project based work, I am beginning to see firms think differently about the hiring pattern. I believe they are starting to recognize that there are only so many qualified applicants for their open roles, regardless of 10%+ unemployment. Many of the technology jobs we fill are opened to provide a sustainable increase in productivity. So, the top echelon of tech folks still have plenty of choices.

Companies continue to do a better job of keeping their most prized employees in the fold. They are spreading out their compensation decisions over the year (reviews, 401K match, promotions, etc). People are nervous to leave their posts for other opportunities, but these improvements to technology is requiring many more tech professionals.

As the shortage continues to grow for qualified talent, we will see the opportunity to leverage multiple offers and increased pay. i would expect this to happen after the first of the year. Right now, we are still in a gray period - with talent nervous to move and clients nervous to hire in any big amount. However, candidates comfortable with contracting, should see increased opportunities.