20 October 2020 · Absolute IT Reports
Our latest Waikato & Bay of Plenty Regional Report has just been released and it is apparent that our tech and digital sectors’ dynamic nature is creating a lot of movement in the regions.
We are seeing that the era of constant innovation and disruptive technologies is putting pressure on IT employers and jobseekers alike. There is a demand for skilled candidates who can help organisations develop innovative software solutions, as well as those with business analysis and project management skills. We also discuss skill sets that employers are seeking out in order to navigate the post-COVID landscape successfully.
Employers in both Waikato and Bay of Plenty are saying that they are finding it harder year on year to attract and hold on to IT talent, who are often swayed to join competitors by promises of more challenging work or an increased income.
Meanwhile, 26% of IT professionals from the region stated that reducing work related travel was their primary reason for wanting to change roles. Given that technological advances allow us to work from almost anywhere as well as lockdown moving many IT professionals out of the office and into a work-from-home situation, we are eager to see if remote work will become the norm for more employees in the regions.
According to the 2019 Tin Report, after recording the most significant growth rate of 16.3% across all New Zealand regions in 2018, the growth in Hamilton slowed to 7.1% which is slightly lower than the national rate of 10.2%. The Tin Report is an independent analysis of the New Zealand high-tech industry and focuses on the top 200 export focused organisations in the country. There were nine companies from our region featured in the TIN200 and they contributed $914 million to the total TIN200 revenue, which is an outstanding achievement. In addition, these nine companies created 124 new IT jobs last year, representing 4.2% of roles created by TIN200 companies.
In this report we take a closer look at the most in demand skills from IT employers versus the skills available in Waikato and Bay of Plenty, the key reasons why IT employers are hiring and what factors play a role in workplace satisfaction.