When Recruiters meet with hiring managers about a job opening, the hiring manager often provides a "laundry list" of skills and qualifications that candidates must have. Do you, as a recruiter, find out what the must-have skills are for the job opening? In this blog post, we'll take a look at an example of how narrowing down required skills can help realistically determine the difficulty to hire for any job.
Here's a sample job ad we found for a Computer Programmer opening in New York, NY currently being advertised by a company in the financial services industry. This ad requires candidates that have background in financial markets, as well as experience with VBA (or Visual Basic for Applications), Oracle, and Sybase.
Overall, hiring demand for these skills is high. During December 2011, more than 3,200 job ads were posted nationwide for Computer Programmers that required these skills across all industries. Close to 900 of those ads were posted by financial services companies. In the New York metro area, we found 8 employers with a total of 22 unique jobs postings currently being advertised online that require these skills. This may not seem like much. Recruiters and hiring managers may think that there won't be too much competition for these skills. However, when you look at the candidate supply – meaning the number of candidates in the New York workforce that meet your job requirements – you get a different picture. Out of 8.2 million people in the New York workforce (279,000 of which are IT professionals), there are just 317 people that meet your qualifications.
Candidate Supply of Computer Programmers with Required Skills in New York
Source: WANTED Analytics
Our Hiring Scale™ also confirms that these jobs will be fairly hard-to-fill – both nationwide and in the New York area. Recruiters in New York are likely to experience a slightly easier recruiting market than nationally – but not by much. Nationally, it takes about 41 days or just under 6 weeks. In New York, job ads are listed for an average 40 days – one day less than nationally. This information is a guide that Recruiters can use when discussing market conditions with hiring managers and set expectations on how long it will take to fill these jobs.
Hiring Scale for Computer Programmers with Above Skill Requirements – New York vs. Nationally
Source: WANTED Analytics
Since it is likely that Recruiters in New York will see difficulties with sourcing candidates, it may be beneficial to discuss hiring from alternative areas with the hiring manager. There are several cities in the US that are currently experiencing easier conditions and shorter recruitment cycles than in New York. For example, Washington (DC), Dallas, and Baltimore are currently experiencing the easiest recruiting conditions for these exact skills. By sourcing from these locations, Recruiters and hiring managers may be able to reduce their time-to-fill and reduce their cost-per-hire since job ads will be listed online for shorter period of time.
Companies recruiting for these skills should look for candidates with some of the below most common job titles. Searching for just “Computer Programmer” may not return all qualified candidates. In fact, of the 10 most common job titles below, only one has the word “Programmer” in it. By including some of these common titles, Recruiters and hiring managers may be able to expand their pool of potential candidates and possible reduce their time-to-fill.
- Rates Application Support Analyst
- RAD Developer Commodities
- CIO Service Delivery Analyst Associate
- Front End Solutions Development
- Systems Application Engineer
- Applications Developer
- Senior Programmer IT Securities Processing Group
- Oracle Developer
- Tech ASG Bond Studio Developer
- Support Analyst Problem Manager
Check back tomorrow, when we look at how the candidate supply changes when you add some of the “highly desired” skills and change your job requirements. Will this job become even more difficult to fill?
What skills do you require for Computer Programmers? Enter the skills into our free, online Hiring Scale™ to see how hard-to-recruit those skills are, average salary ranges, and who you are competing with for talent.