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How can hiring managers simplify their IT hiring process?

April 4, 2017

In spite of varying answers about what the next big thing in information technology is,  Gartner, Inc - the world's leading information technology research and advisory company - estimates Global IT spending to reach $3.5 trillion in 2017; this figure is up 2.9% from 2016 estimated spending of $3.4 trillion.

it_pic According to PayScale's most recent survey, employee turnover rate among Fortune 500 companies is greatest in the IT industry.

In the ever-changing technological landscape, where advances are on the steep incline with no sign of slowing down, it's estimated that 65% of children entering primary schools today will likely work in roles that don’t currently exist. Information technology drives the entire job market futurecreating new jobs and rendering some jobs completely obsolete in years to come.

Assessments are among the most powerful tools available to HR professionals to make better IT hires, retain current workforce, and quantify leadership potential. IT skills assessments can help HR professionals assign a value to how skilled the employee is thus predetermining salary, while personality tests will give managers insight into his or her motivations. Motivations can then be used to create job incentives that are important to candidates seeking long-term employment. Recently, we've added the ReviewNet assessments to our catalog of  500+ of the world’s best assessments at your fingertips to measure personality, job fit, and hundreds of aptitudes and skills.

According to the Bureau of Labor Statistics, "Employment of computer and information technology occupations is projected to grow 12 percent from 2014 to 2024, faster than the average for all occupations. These occupations are expected to add about 488,500 new jobs, from about 3.9 million jobs to about 4.4 million jobs from 2014 to 2024, in part due to a greater emphasis on cloud computing, the collection and storage of big data, more everyday items becoming connected to the Internet in what is commonly referred to as the 'Internet of things,' and the continued demand for mobile computing."

The IT careers referenced in the Bureau of Labor Statistics report include:

 The Society for Human Resource Management finds that the total cost of replacing employees range from 90% to 200% of their annual income. In the tech space, where so many of a company’s resources reside in the minds of their employees, this estimate should perhaps be even higher. The Society for Human Resource Management finds that the total cost of replacing employees range from 90% to 200% of their annual income. In the tech space, where so many of a company’s resources reside in the minds of their employees, this estimate is likely much higher.

Computer systems design and related services can be broken down into four sub-industries: custom computer programming services, computer systems design services, computer facilities management services, and other computer related services.  The first two account for most all IT services employment. Custom computer programming services (NAICS 541511) includes establishments that write, test, and modify software for a particular client. This software includes computer programs, webpage design, and database design. Computer programming services also provide support to clients after the newly designed software is implemented.

Finding one assessment platform that offers skills assessments for all of these IT job positions, as well as over 500 of the world's best assessments catalog was difficult to find for hiring managers, until the creation of the PAN Platform. Developed through years of experience in high-stakes employment testing, PAN Business Edition is the industry’s most proven and flexible talent measurement and testing platform. It’s the platform of choice for SHRM’s Testing Center, the TSA, Fortune 500 companies, and thousands of organizations worldwide that require modern testing capabilities, a secure platform, and outstanding support. Our catalog of assessments gives one-click access to premier tools for improving hiring, retention, employee development, and leadership outcomes.

Andrew