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Jump in Asia Pacific demand for IT contractors

Ross O. Storey | Feb. 26, 2009
Robert Walters says IT services and outsourcing providers are expanding, driven by more government contracts.

In IT commerce, as outsourcing becomes more prevalent, employers are looking for mid to senior level IT candidates with experience in vendor, contract and relationship management. IT services and outsourcing providers are expanding, driven by an increasing volume of government contracts.

Compliance and audit specialists wanted

This latest Asia Job Index index found that, overall, the fourth quarter job ads decline was the sharpest in Singapore at 41 per cent. The current focus on financial regulations drove demand for compliance and audit specialists in Singapore.

The overall total number of job ads placed in the region declined by 15 per cent between October and December 2008.

Hong Kong's overall job ad numbers fell by more than 34 per cent, Japan's dropped by more than 24 per cent, but China's market was more resilient, with job ads falling by only some 12 per cent in the quarter.

Japan's IT-related job ad numbers overall dropped by more than 27 per cent, but one increasingly discernable trend has been the significant growth in the online marketing industry. The report said that it is clear that creative skills, in such areas as online marketing and web design, remain very much in demand and the rate of decline was considerably less pronounced.

Engineers wanted in China

China's overall job ad numbers for Q4 2008 fell by more than 20 per cent, but the Robert Walters' report said that Perhaps the most notable trend in the Chinese advertising data has been the increase in advertisements for engineers and other technical staff required for construction and infrastructure projects.

The final quarter of 2008 was quieter, although this is not unusual, said Mark Ellwood, managing director of Robert Walters Southeast Asia. The decline in advertisements reflects the fact that headcount budgets tend to be filled up before the end of the year. Some candidates did show an understandable reluctance to move jobs in this environment, whereas they would have been less cautious in previous years.

 

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