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All issuesVolume 315, Issue 4IT NewsHR

4 Hot Hiring Trends - And 4 Going Cold

CIO, Monday, June 24th, 2024

A years-long hiring slowdown has spurred a number of trends, as tech leaders look to invigorate their businesses with new technology without adding to permanent headcount.

A contracting job market in the IT industry over the past two years has influenced the way companies are approaching hiring this year. Even as fears of a possible recession in the near term have eased, according to a recent survey by PwC, many tech leaders are looking for innovative ways to grow without adding permanent staff.

With the Great Resignation in the rear view, along with the talent shortage that followed, just slightly more than a quarter of executives now identify finding and retaining talent a serious risk, according to the PwC survey.

The top strategic priority for companies across all industries, the survey reported, is incorporating new technology into their business model. That means IT leaders are looking to upskill current staff, find and develop talents within that staff, and speed onboarding new employees with specific skillsets.

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