Capital Region Hiring Forecast Bright for Software Technology Employers

Nov 8th, 2018

Local technology companies anticipate filling a steady influx of job openings from now and well into 2019. According to the Fall 2018 Alaant Hiring Index, 58% of Capital Region employers have plans to increase their headcount into next year, a three percent increase compared to last year.

In total, 71% of human resources professionals and hiring managers reported being either optimistic or very optimistic about their growth in the coming year. At the same time, 75% of survey respondents believe filling these vacant positions will be challenging. 

The top issues preventing businesses from hiring more quickly center on salary and wage requirements and the skills gap. Information technology and health care jobs are expected to grow fastest in the Capital District, at 28% and 20%, respectively. 

This data reinforces the Tech Loop’s integral role as a bridge between students at local colleges and the area’s growing software community. 

Promoting technology events at local colleges (DevFest, Grace Hopper tribute) as well as meet and greet events between software professionals and students has dual benefits. The Tech Loop elevates the visibility of local employers while offering future industry professionals a casual introduction to corporate culture. 

“These events give students a real sense of what the working environment is like at these local companies and how they can maximize their chances of being hired,” said NY Tech Loop President, Susan Lundberg. 

Beyond local community building efforts, regional outreach is another key component of the Tech Loop’s mission. By attending college fairs outside the immediate area, on behalf of its sponsor companies, the Tech Loop serves as an ambassador to the Capital Region for students trying to decide where to plant their feet after graduating. 

The Fall 2018 Alaant Hiring Index found that 23% of survey respondents use a mix of recruiting candidates within and outside the Capital Region to fill their hiring needs. 

The synergy created between higher ed institutions, business accelerator programs and specialized technology user groups, in addition to the ever-growing number of software companies in the region, makes now an ideal time to get involved with the Tech Loop.

Increase the size and quality of your applicant pools to meet constantly evolving staffing needs by joining the NY Tech Loop as a Community Member

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