Cyber security professionals top the list of IT professionals in hot demand this quarter as companies invest in developing stronger defences against cyber-attacks, according to recruiting experts Hays.
The latest Hays Quarterly Report reveals many companies are creating new headcount during the January to March quarter to bring on cyber security talent to bolster their defences against attacks on data integrity, big data systems and more.
“Trying to stay one step ahead of hackers and cyber crime is a crucial issue for organisations and governments the world over with major financial hubs like Hong Kong particular targets,” says Dean Stallard, Regional Director for Hays in Hong Kong.
“A company’s cyber defence capabilities are fast becoming significant factors in a range of business areas from how a company is viewed by investors, clients, insurers and potential business partners to reputation and issues management,” says Dean. “Having the best cyber security talent on board and retaining that talent is crucial this quarter and beyond.”
Other IT talent in demand from January to March includes developers with java and oracle expertise to work with large MNCs increasing product and business lines this year. Temporary business analysts and project managers are also keenly sought after to work on expanding pension and multi fund services (MPF) projects this quarter but also further into the year.
Meanwhile, employers will need to streamline recruitment processes and find ways to promote their employer brand to entice quality candidates to move jobs instead of hanging back to wait for bonuses to be paid in March.
Pay rises are another factor influencing the candidate market. Our research shows many candidates who are in two minds about switching jobs are weighing up their options and how best to increase their salary – a pay rise with an existing employer or an increase in salary with a new employer? This quarter will typically see candidates ask for a salary increase of 8-12 per cent and those deemed most valuable are likely to get what they want.
We are also seeing many candidates embark on professional development in their own time with most choosing to pursue a Certified Information Systems Auditor (CISA) or Certified Information Systems Security Professional (CISSP) qualification.