2013
SURVEY CONDUCTED AND SPONSORED BY
SURVEY WAS CONDUCTED AND SPONSORED BY WITHUMSMITH+BROWN, CPAS, GIORDANO, HALLERAN & CIESLA, PC AND THE NEW JERSEY TECHNOLOGY COUNCIL.
OVER 100 NJBASED TECH
COMPANIES
REPRESENTING
GLOBAL,
NATIONAL
AND LOCAL
BUSINESSES
5.9%
16.5%
11.6%
66%
Super-Large Companies
More than 1,500 employees
Large Companies
250-1,499 employees
Mid-Size Companies
100-249 employees
Small Companies
Less than 100 employees
• C-suite executives and company decision makers responded
SURVEY WAS CONDUCTED AND SPONSORED BY WITHUMSMITH+BROWN, CPAS, GIORDANO, HALLERAN & CIESLA, PC AND THE NEW JERSEY TECHNOLOGY COUNCIL.
(check all that apply)
Custom programming/application
development
Project Management
28.7% 28.7%
Database Management
Mobile information access/sharing
Hardware and/or software upgrades
21.8% 22.8%
19.8% 20.8%
18.8%
15.8% 17.8% 17.8%
Networking
SaaS
Data Mining
Security
Disaster recovery/business
continuity
Generalist (jack-of-all-trades)
Application Delivery
Telecommunications
13.9% 13.9%
Web 2.0 (e.g., AJAX,.Net, xml)
Storage/Archiving
12.9%
Wireless
Virtualization
Other
WHAT ARE THE AREAS FOR IT TALENT IN YOUR COMPANY IN
HIGHEST DEMAND CURRENTLY & OVER THE NEXT 12 MONTHS?
49.5%
40.6%
32.7%
24.8%
8.9%
SURVEY WAS CONDUCTED AND SPONSORED BY WITHUMSMITH+BROWN, CPAS, GIORDANO, HALLERAN & CIESLA, PC AND THE NEW JERSEY TECHNOLOGY COUNCIL.
WHAT IS THE BIGGEST EMPLOYMENT-RELATED
OBSTACLE FACING YOUR COMPANY TODAY?
(check all that apply)
OTHER
9.9
%
Difficult to
provide the
type(s) of
subject
matter of
O-J-T
Training
Needed
11.9
%
Immigration
Related
Issues
14.9
%
Difficult for
IT
Employees
to stay
current with
changing
technologies
17.8
%
Difficult to
pay average
salary(ies)
for IT jobs
our company
needs most
24.8
%
Too much
competition
for a limited
pool of IT
candidates
Recent tech
graduates
lack skills
that translate
to O-J-T
performance
Lack of
company
resources
for IT
employee
development
and training
29.7
%
30.7
%
32.7
%
SURVEY WAS CONDUCTED AND SPONSORED BY WITHUMSMITH+BROWN, CPAS, GIORDANO, HALLERAN & CIESLA, PC AND THE NEW JERSEY TECHNOLOGY COUNCIL.
TWO
ONE
WHAT IS THE BIGGEST EMPLOYMENT-RELATED
OBSTACLE FACING YOUR COMPANY TODAY?
Lack “soft skills”
“The pool of young talent available is more likely to
accept a reasonable salary while learning”
SURVEY WAS CONDUCTED AND SPONSORED BY WITHUMSMITH+BROWN, CPAS, GIORDANO, HALLERAN & CIESLA, PC AND THE NEW JERSEY TECHNOLOGY COUNCIL.
PLEASE DESCRIBE GEOGRAPHICALLY (COUNTRY, STATE,
CITY) WHERE YOU HAVE SUCCESSFULLY RECRUITED IT
TALENT IN THE PAST 12 MONTHS?
3%
2%
1%
WASHINGTON DC
PORTLAND, OR
LOUISVILLE, KY
VIRGINIA
CHICAGO, IL
GEORGIA
6%
34%
16%
13%
11%
NEW YORK
NEW
JERSEY
INTERNATIONAL
PENNSYLVANIA
CALIFORNIA
BOSTON, MA
DALLAS, TX
MELBOURNE,
FL
FAIRFIELD, CT
COLORADO
SEATTLE, WA
ARIZONA
SURVEY WAS CONDUCTED AND SPONSORED BY WITHUMSMITH+BROWN, CPAS, GIORDANO, HALLERAN & CIESLA, PC AND THE NEW JERSEY TECHNOLOGY COUNCIL.
2.0%
5.1%
7.1%
9.2%
9.2%
Data Mining
SaaS
Public speaking/presentations
Custom programming/application
development
Application Delivery
Other
Virtualization
Mobile information access/sharing
Hardware and/or software upgrades
Generalist (jack-of-all-trades)
Networking
7.1%
Web 2.0 (e.g., AJAX, .Net, xml)
6.1%
Security
Disaster recovery/business
continuity
5.1%
Database Management
3.1%
Telecommunications
Wireless
Storage/Archiving
WHAT WOULD YOU IDENTIFY AS THE MOST IMPORTANT
SKILL SET(S) LACKING IN ENTRY LEVEL IT WORKERS?
(check all that apply)
44.9%
49.0%
25.5%
28.6%
9.2% 12.2% 13.3% 22.4% 23.5%
SURVEY WAS CONDUCTED AND SPONSORED BY WITHUMSMITH+BROWN, CPAS, GIORDANO, HALLERAN & CIESLA, PC AND THE NEW JERSEY TECHNOLOGY COUNCIL.
WHAT TYPE(S) OF TRAINING DOES YOUR
(check all that apply)
COMPANY USE MOST OFTEN?
44.1%
48.4%
53.8%
37.6%
12.9%
Other
15.1%
19.4%
19.4%
Funding for
Internal resource External resource Conferences and/or Vendor provided Online self-directed
additional college or classroom training classroom training off-site seminars
training
coursework
advanced degree
education/training
Webinars
SURVEY WAS CONDUCTED AND SPONSORED BY WITHUMSMITH+BROWN, CPAS, GIORDANO, HALLERAN & CIESLA, PC AND THE NEW JERSEY TECHNOLOGY COUNCIL.
WHAT IS YOUR BIGGEST CHALLENGE IN
SECURING NEW TALENT?
(check all that apply)
45.9
35.7
%
%
28.6 24.5
%
% 13.3
4.1
%
%
SURVEY WAS CONDUCTED AND SPONSORED BY WITHUMSMITH+BROWN, CPAS, GIORDANO, HALLERAN & CIESLA, PC AND THE NEW JERSEY TECHNOLOGY COUNCIL.
WHAT IS YOUR BIGGEST CHALLENGE IN
RETAINING QUALIFIED TALENT?
9.2
%
11.2
%
20.4
%
26.5
%
32.7
%
SURVEY WAS CONDUCTED AND SPONSORED BY WITHUMSMITH+BROWN, CPAS, GIORDANO, HALLERAN & CIESLA, PC AND THE NEW JERSEY TECHNOLOGY COUNCIL.
WHAT IS YOUR BIGGEST CHALLENGE IN
RETAINING QUALIFIED TALENT?
SURVEY WAS CONDUCTED AND SPONSORED BY WITHUMSMITH+BROWN, CPAS, GIORDANO, HALLERAN & CIESLA, PC AND THE NEW JERSEY TECHNOLOGY COUNCIL.
46.5%
WHICH STATEMENT BEST DESCRIBES
YOUR IT STAFFING STRATEGY FOR
30.7%
THE NEXT 12 MONTHS?
3%
2%
Will be affirmatively
decreasing IT staff
Will restructure to
obtain different skill
sets
0%
OTHER
8.9%
6.9%
Will use
more temps
Will Decrease IT Staff by
Attrition
Will
Outsource
More
Will Use Fewer Temps
WILL STAY
ABOUT THE
SAME
WILL BE
INCREASING
IT STAFF
Will Outsource Less
SURVEY WAS CONDUCTED AND SPONSORED BY WITHUMSMITH+BROWN, CPAS, GIORDANO, HALLERAN & CIESLA, PC AND THE NEW JERSEY TECHNOLOGY COUNCIL.
5.1
%
7.1
%
10.1
%
12.1
%
ANGEL
INVESTORS
VENTURE
CAPITAL
TRADITIONAL
FINANCING
GOVERNMENT
INCENTIVE
OTHER
(check all that apply)
EXISTING CASH FLOW
HOW DO YOU FUND ACQUISITION AND
TRAINING OF NEW TALENT?
13.1
%
82.8%
SURVEY WAS CONDUCTED AND SPONSORED BY WITHUMSMITH+BROWN, CPAS, GIORDANO, HALLERAN & CIESLA, PC AND THE NEW JERSEY TECHNOLOGY COUNCIL.
CURRENT
EQUITY
NON-EQUITY
INCENTIVES
OTHER
FUTURE
EQUITY
NON COMPENSATION
INCENTIVES (i.e. flex hours)
(check all that apply)
(i.e. Phantom
units/shares)
6.1
%
7.1
%
(i.e. Stock
Options)
8.1
%
30.3
%
TRADITIONAL SALARY
WHAT FORMS OF COMPENSATION HAVE
YOU BEEN OFFERING NEW TALENT OVER
THE PAST 12 MONTHS?
(i.e. Flex
Hours)
34.3
%
86.9
%
SURVEY WAS CONDUCTED AND SPONSORED BY WITHUMSMITH+BROWN, CPAS, GIORDANO, HALLERAN & CIESLA, PC AND THE NEW JERSEY TECHNOLOGY COUNCIL.
HOW WOULD ADDITIONAL RESTRICTIONS ON H1-B
TEMPORARY WORK VISAS EFFECT YOUR
ORGANIZATION?
Neutral
59.80%
Slightly
Adversely
Materially
Adversely
Slightly
Benefit
2.10%
Materially
Benefit
2.10%
Other
18.60%
13.40%
4.10%
SURVEY WAS CONDUCTED AND SPONSORED BY WITHUMSMITH+BROWN, CPAS, GIORDANO, HALLERAN & CIESLA, PC AND THE NEW JERSEY TECHNOLOGY COUNCIL.
HOW WOULD ADDITIONAL RESTRICTIONS ON H1-B
TEMPORARY WORK VISAS EFFECT YOUR ORGANIZATION?
“I’d prefer if workers
from America, here
already and ready to
work, could compete
& take jobs often
going to H1-B
candidates”
SURVEY WAS CONDUCTED AND SPONSORED BY WITHUMSMITH+BROWN, CPAS, GIORDANO, HALLERAN & CIESLA, PC AND THE NEW JERSEY TECHNOLOGY COUNCIL.
AS A RESULT OF SUPERSTORM SANDY, HAVE YOU
IMPLEMENTED ANY NEW INTERNAL/EXTERNAL PROCEDURES
WITH EMPLOYEES AND/OR BUSINESS PARTNERS?
(check all that apply)
31.6
%
34.2
%
38.2
%
44.7
%
14.5
%
SURVEY WAS CONDUCTED AND SPONSORED BY WITHUMSMITH+BROWN, CPAS, GIORDANO, HALLERAN & CIESLA, PC AND THE NEW JERSEY TECHNOLOGY COUNCIL.