IT infrastructure management solutions provider Avocent believes employers of senior IT talent need to look beyond just financial incentives to recruit the best people in this current economic downturn.
MIS Asia editor, Ross O. Storey, spoke to Avocents Vice President, Asia Pacific, Ryan Sia,about the likely overall IT employment landscape for 2009.
From your enterprise's perspective, how has the current financial turmoil effected senior IT employment, recruiting and salaries in this region?
At Avocent, we are reducing power and maximizing efficiency in IT operations from desktop to data centers. This is also the value proposition that Avocent offers to our customers. IT remains a critical support for businesses. Companies who use IT to build efficiencies will still be in need of IT professionals. And I believe the employment outlook for senior IT talent will stay positive during this financial turmoil.
Recruitment challenges may arise, such as finding and retaining the talent needed for sustained business growth without matching competitive wages. Employers need to extend their strategy beyond financial incentives and understand the other needs of candidates such as work place flexibility and career progression. Employers in tune with the developmental needs and career goals of their staff will reap rewards and enjoy greater staff retention.
What do you believe will be the overall 2009 outlook for IT recruitment, employment and salaries in the Asia pacific? Are there any specific countries (Singapore, Malaysia, Hong Kong, China) where you see the situation as being better/worse than others?
Overall, I think the outlook for IT recruitment in year 2009 will slow down. With companies streamlining their budgets and freezing recruitment, IT recruitment will not be as high as before the turmoil begins. Employment will turn out to be extremely competitive with the unemployed lowering their expected salaries; accepting lower salaries to none.
The tech sector in Asia attracts candidates because of the growing markets in Asia as opposed to the uncertainties faced by the United States and the other European countries.
In China, faltering economic conditions affect the employment to a greater extent as its affected as an export-oriented economy. The demand for cars, consumer goods and information technology vanish together with the falling U.S and European economies. Unable to compensate for the loss, this foreign investment will affect the overall IT recruitment environment.
How would you describe the current IT industry employment environment for senior execs in comparison to last year? When was this environment similar in recent times?
New hiring expectations have fallen in all the markets. We cannot deny that the work done by IT professionals has an impact, directly or indirectly, on business revenues. Technology today influences how businesses are driven and organizations cannot ignore this when it comes to hiring and retention of IT talent. Employment for senior IT professionals is still vibrant considering the trends of sustainable IT.
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