Tokyo, Aug 7, 2012 - (JCN Newswire) - Robert Walters Japan recently released its 2012 Half-year Market Update focussing on information technology-related positions. Through quarters one and two 2012, IT professionals remained cautious about looking for new jobs due to global economic uncertainty. Many professionals were reluctant to accept positions in new companies on the fear of being last-in-first-out and instead focussed on maintaining career stability. Despite the shortage of qualified, active job-seekers, demand from IT and online companies in Japan remained high for both newly-created and replacement openings.
Business activity in vendor companies increased as more firms attempted to control costs by outsourcing their in-house IT functions. In-demand positions such as technical translators, project coordinators and project managers will increasingly be required to possess bilingual language ability as IT vendors continue to expand their support coverage to regional markets outside Japan.
Samuel Griffiths, Director of Information Technology at Robert Walters Japan, said: "Overall recruitment for IT professionals was steady in 2012, but we have seen marked differences from industry to industry, with generally reduced requirements for internal IT roles but increased requirements from our technology and online clients. While there was a real demand for IT professionals with outstanding technical skills and bilingual ability, uncertain market conditions have created a cautious candidate pool. Those companies that were able to demonstrate a track record of stability or outlined a clear strategy of growth for their company were most likely to secure the available talent."
Other key trends within information technology indicate that:
- Strong increase in demand for cloud computing, virtualisation, analytical software, ERP, off-shoring, IT services and system integration experience - Increased activity for audit, compliance and risk-related IT roles within financial institutions - Resurgence of hiring in the insurance sector generated from demand for corporate and personal insurance following the March 2011 earthquake and tsunami
Outlook
- Notable increase in start-ups and acquisitions in Japan suggest the IT and online markets will remain active for the foreseeable future - The talent shortage should continue and will drive salary inflation for those with a proven track record in IT vendor or online companies - Contract hiring from outsourcing vendors is anticipated, as companies outsource their in-house IT functions to control costs
For more detailed information on the information technology recruitment market, please contact us.
About Robert Walters PLC
Robert Walters is an award-winning business and the leading specialist consultancy in Japan and worldwide for permanent and contract recruitment. Our industry-specialised teams leverage a network of 53 offices spanning 24 countries. We are the only consultancy in Japan to offer a non-commissioned approach ensuring clients have access to our entire database of experienced, bilingual professionals. For more information, please visit www.robertwalters.com .
Contact:
Ambrose Lau, PR Specialist
T: +81 (0)3 4570 1513
E: ambrose.lau@robertwalters.co.jp
Aug 7, 2012 Source: Robert Walters PLC Robert Walters PLC
From the Japan Corporate News Network
http://www.japancorp.net
Topic: Press release summary
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