Two-Thirds of CIOs Plan to Increase Hiring According to CIO Magazine Labor Day Poll

Framingham, MA – September 1, 2005 – Nearly two-thirds (64.1%) of chief information officers (CIOs) expect to increase hiring during the next 12 months, according to the second annual CIO magazine Labor Day Poll. The poll, conducted at the magazine's CIO 100 conference in San Diego last month, indicates 11.1% plan to decrease hiring and 24.8% plan no hiring changes. When asked what types of employees they will hire, 77.1 % of CIOs expect to hire direct employees, 11.1% expect to hire independent, U.S. based contractors, and only 9.8% expect to hire contract workers based outside the United States.

Respondents split more evenly when asked what one factor would lead to hiring more staff. Improved corporate earnings ranked first (34.6%), followed by an improved understanding of information technology (IT) staffing needs by the business unit (21.6%). Respondents also cited technological improvements (13.1%), an improved economy (11.1%) and the availability of workers with specific skill sets (10.5%) as hiring factors, while 9.2% stated none of the above.

"All signs this year indicate an improvement in IT spending. So, it is only logical that now, CIOs need to hire more staff to deal with new projects," says Gary Beach, group publisher, CXO Media Inc. (the publisher of CIO magazine). "One item I find particularly interesting is the high percentage of expected direct hires. This seems to put to rest for now, the irrational fear that all American tech jobs are going overseas."

Methodology

The CIO magazine Labor Day Poll was conducted during the 8th Annual CIO 100 conference, held at the Hotel Del Coronado in Coronado, California on August 21-23. The poll was administered to conference attendees who were comprised of leading CIOs from business, government and academia. Completed surveys total: 153.

About CIO Magazine

Launched in 1987, CIO magazine addresses issues vital to the success of chief information officers (CIOs) worldwide. The CIO portfolio includes a companion website (http://www.cio.com), CIO Executive Programs and the CIO Executive Council™. CIO properties provide technology and business leaders with analysis and insight on information technology trends and a keen understanding of IT's role in achieving business goals. The U.S. edition of the magazine and website are recipients of 140 awards to date, including two Grand Neals from the Jesse H. Neal National Business Journalism Awards and two Magazine of the Year awards from the National Society of Business Publication Editors. CIO magazine is published in more than a dozen countries, including Australia, Canada, China, France and Germany. CIO Executive Programs—a series of face-to-face conferences including CIO Perspectives® and the CIO 100 Awards & Symposium™—provide educational and networking opportunities for pre-qualified corporate and government leaders. The CIO Executive Council is a professional organization of CIOs created to achieve lasting change in critical industry, academic, media and governmental groups. CIO magazine, CIO.com, and CIO Executive Programs, and the CIO Executive Council are produced by International Data Group's award-winning business unit: CXO Media Inc.

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