2017 Q2 IT Recruitment Quarterly Market Update

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Welcome back to our 2017 Q2 IT Recruitment Quarterly Market Update. After a relatively subdued start to the year in terms of overall IT client demand from the 1st Quarter, urgency went into 3rd gear for Q2 where we saw demand and assisted our clients across our Prop Trading, Financial Lending, Management Consulting, Digital, Private Healthcare and Funds Management client base where we placed Technical Business Analysts, System Analysts, Project managers, Developers and Testers.

This Quarter still sees a further push from clients, who traditionally hired many contractors, to focus on permanent hires and this would suggest longer term, business critical initiatives being signed off across Regulation Changes and strategic hires after a business model revamp which is what we witnessed for several clients last Q.

That said, Kapital Consulting is now an Approved supplier to the NSW Government 0007 Contingent Work hire scheme as well as the Government Digital Workplace so you will be seeing alot more demand for contractors from us through Q3 and Q4. This is an excellent opportunity for us to utilise our contacts with specialist skills across other industries who are looking for a change in vertical or who are possibly looking for a move from a permanent position into something a bit more “flexible” in what contracting offers so watch this space as we will be reaching out to you all soon.

Many clients have very successful graduate programs so if you are fresh out of uni and looking for a great career start into some dynamic Tech firms across Australia we would suggest reaching out to your ideal employer of choice for grad positions as they have very solid onboarding processes and a number of grad recruitment days a year also with referral schemes. A subset to this is that so much is being done around grad recruitment schemes and onboarding newcomers to the market that less time is available to search for mid to senior level and niche hires which is where we come in as a targeted headhunter and we definitely seeing this from many of our leading clients who are asking us to source very niche skills across all levels.

Hot areas for us at the moment are across Buy Side OMS (Order Management Systems) with many initiatives being thrown at increasing OMS connectivity for scalability and also due to the stepping up of MiFID II and another reg initiatives in the market meaning OMS need to be more flexible and have the ability to transmit and use more data for reporting. Other specialities in this domain are for FinTech Sales Specialists who are very familiar with OMS and Financial Markets STP (Straight Through Processing) and Trade Order Flows and Workflows.

The second hot area for us at the moment is across Development. Just when we thought the market had softened for more development positions the opposite happens. We are seeing demand for Developers at ALL levels and across all clients which is telling us that Q3 and Q4 will be 2 more great quarters with alot of client platforms being developed for the competitive edge they will need in the high demand markets we have today more than ever before. C++ and Market Links for gaming and prop trading clients is booming, Java within our Financial Services clients, MS BI Developers within Insurance and FinTech start-ups, UX/UI, HTML/CSS/JavaScript Developers and Designers within the Digital space.

Third area is Digital, we wrote a article earlier in the quarter around always asking clients what they mean by “a new digital hire”? as this could be anything from UX/UI Designers, HTML/CSS Development, Digital Strategy and Innovation, Customer Insights, Behavioural Analytics, Building a client MVP, Digital Disruption the list goes on. Digital is certainly a very interesting and ever evolving area with alot of noise in this space.

New Clients Q2: As mentioned earlier, now being on the NSW IT Government and Digital Workplace panels will open up many doors for us in the government sectors. We have also partnered with a number of new FinTech, Digital, Digital Consulting and Venture Capital start-ups in Sydney, 2 new Financial Markets Prop Trading Clients, a new leading HealthCare Client and 2 new financial services clients

From all we seeing, Q3 is going to be a gangbusters quarter for the Kapital gang and we hope you all have a very successful Q3. If you looking for a move and keen on a confidential chat to one of the team or just simply keen to get more information on the market or are a hiring manager looking for new and exciting hires, we always here to help so give us a shout on 02 8070 7222 or send us an email to info@kapital.com.au

Till next time!