Tudor Aw
Technology job prospects have never been better, according to the latest survey by KPMG/Markit.
The latest tech sector business monitor found that company recruitment plans “jumped to a survey-record high and tech companies signaled greater confidence about future workloads”.
The survey found that growth in the second quarter of the year marked three years of sustained business activity growth across the UK tech sector. This growth was down on previous years probably due to the temporary uncertainty of the General Election in May and more specifically, weakness in the Euro Zone.
Commenting on the report, Tudor Aw, partner and head of technology sector at KPMG, said:
“Happily, it looks like Tech companies were just pressing the pause button as our survey also shows that despite this Q2 slowdown, tech companies are very upbeat about the future, forecasting an upturn in profitability, strong job hiring intentions and continued investment in capex.”
And profits were up, which contributed to the confidence in future prospects and the need for recruiting staff.
“Tech companies are highly upbeat projections for activity, job creation and capex during the next 12 months. In terms of business activity, just over half (57%) expect an increase over the year ahead and only 6% forecast a decline,” said Aw.
The survey found that almost half of the respondents anticipate a rise in payroll numbers over the year ahead, indicating the strongest employment projections across the UK tech sector since this index began in October 2009.
And over 70% forecast an upturn in profits during the year ahead, against just 2% that foresee a decline.
from News http://ift.tt/1PlBr8s
via Yuichun
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