ICT Skills Shortage “Extreme”. As a Candidate, What does this Mean for You?
There has been a lot of buzz lately around the tightening of the IT and Project resource market. We’ve been talking to a number of our clients and they are telling us how much trouble they are having recruiting through some of the traditional avenues like standard job board, internal applications and the like. In the resourcing space, in which Firesoft operates, we refer to this as a candidate short market.
As much as this creates frustration for employers who are trying to identify and attract good resources, this is a great sign of confidence and robustness in both the job market and the Australian economy. The statistics from the June 2012 quarter are a testament to the changes that have occurred recently. They showed that there was a skilled labour shortage of 2300 people where only three months earlier, there was a surplus of around 15,000 skilled individuals who couldn’t find work. This is also reflected in the very low Australian unemployment rate – it was sitting at 5.1% in August 2012.
As the name suggests, this kind of market translates to a shortage of available candidates. But let us be very clear – this does not meant that you will be showered with job offers and copious amounts of money. What it does mean, however, is that if you know the right steps to navigate this market, you should be able to reap the benefits.
Some key factors to keep in mind:
- Only apply for roles that genuinely interest you and that you believe you are suitable for. Potential employers will respond better to candidates who target roles and employers that are relevant rather than cascading your CV across the country.
- There is much to be gained by contacting a resourcing agent who specialises in your areas of interest and experience and has demonstrated high levels of success for their candidates. By working with a successful resourcing agent like Firesoft Consulting, you will give yourself the best opportunity to become known and to be considered by the leading employers in your specialist area.
- You should work closely with your resourcing agent to create and tailor your CV to highlight the most important and relevant details of your background and experience.
- Remember that regardless of whether it is a favourable employment market for candidates or not, there is no substitution for quality preparation for an interview. You are representing your own unique brand, highlighting your strengths and experience. You want to make an impression and be remembered by your prospective employer – for all the right reasons.
This is a resourcing market that should give candidates a great sense of anticipation and hope. It is a market where opportunities exist for people who prepare and present well for opportunities that arise. At Firesoft Consulting, we enjoy nothing more than working with candidates to give them the very best chance to be successful in finding that next role. If you are ready to start that preparation, why not give us a call and arrange a time to come and meet with us.
We look forward to meeting you and working with you soon.
To Your Success!