In the “Land of Lincoln”, the Illinois Technology Association (ITA) offers a breath of economic optimism.
The ITA’s 5th Annual Salary Survey found just over half of the 135+ responding companies anticipate the need for a larger staff in 2011, with less than 4% projecting smaller requirements. Salaries are expected to increase nominally, 3%, for the rank and file positions, but remain relatively flat for executives.
“Illinois technology businesses continue to lead the recovery of our economy,” said Fred Hoch, President, ITA. “The demand for technology experts and efficiency-producing products across vertical industries remains high, with the recession forcing industry leaders to gain efficiency through the expanded use of technology.”
If you missed the dot com boom in California, maybe you can rebound with the technology boom in Illinois and help place people in some of these new jobs. Technology hiring has remained relatively strong throughout the recession, and we call attention to Illinois as this survey is a good indicator for the larger economy. In general, technological firms and efficiency-producing products have created more jobs than any other industry of late.