Brilliant, lustrous fireworks along the Mississippi. Barbecues in the lazy warmth of summer. Water sports, hiking excursions, and (for better or worse) family road trips. As we continue basking in the fun of the three warmest months of the year, we’re once again reflecting on why we love the Twin Cities. And, as an IT consulting and staffing firm, we’d be remiss not to give special attention to our number one reason: The Twin Cities rank among the best in the U.S. for tech opportunities. From its growing number of available tech jobs, to its recent acclaim as a hot spot for tech startups and companies, the Twin Cities offer IT opportunities like those in the Silicon Valley, plus higher collaboration and a lower cost of living. Though Minnesota has graced the tops of multiple “best” lists for various reasons, we’ve pulled out the top 4 reasons Twin Cities IT pros should celebrate where they work:
As the Minneapolis IT staffing experts, ESP continues to monitor and analyze Minnesota tech hiring trends, compensation, and benefits information in order to better serve you. Our 2016 Salary Survey data comes from a variety of sources – ranging from Fortune 500 and mid-sized companies, to smaller emerging companies. We compared our numbers, using actual salaries from our recent placements and market observations from our recruitment team, with those on Dice and other national resources. If you have any questions or comments about our 2016 Salary Survey, please feel free to contact us.
IT is looking up in the United States and, especially Minnesota. Minnesota was recently recognized as the number one state to look for IT jobs. Nationally, IT has made large employment gains for the first half of 2015. In fact, IT gained jobs in 14 of the past 18 months. Not only are IT staffing needs increasing, but salaries are expected to increase by 3.0% in 2015 – the largest increase since 2008. With all that in mind, you can feel good about the future of IT, in Minnesota, and everywhere.
Our CEO, a Florida native and long-time resident and fan of Minnesota, drew attention to a recent Star Tribune article discussing why workers choose the Twin Cities for their career. As a fellow Minnesota transplant, the article naturally piqued my interest. I then realized about half of our office staff are originally from out of state. The other half are Twin Cities super fans. Read about the ESP team’s reasons for loving Minnesota, the publications that confirm what we all already know, and check out the infographic showing why relocating to the Twin Cities (or staying here) is a good move.
Kids dream big. When you ask them what they want to be when they grow up, you’ll get answers ranging from astronauts to secret agents, pop stars to pilots, dancers to firefighters. All these careers have one thing in common: kids know about them. As kids grow into high schoolers and begin to think about college, these dreams may change, but they can still only choose to pursue careers they actually know about. This is one of the reasons we are partnering with MHTA to offer Tech Experience Tours: giving students a chance to see what a career in technology looks like in a tangible way.
We are thrilled to be selected as one of Minnesota Business Magazine’s 100 Best Companies to Work for the third year in row! The award honors companies that excel in the areas of work environment, employee benefits, and employee happiness. After finding out we received the award, we asked our team why they like working at ESP IT, and the results are demonstrated in the word cloud below. The bigger the word, the more times that word was used in an answer.
Thank you ESP team for making us a fantastic place to work and congrats to all the other great companies on the list!
It’s no secret that finding skilled IT professionals is proving difficult in our current job market. Half a million IT jobs are currently open in the United States and that number will increase if the Tech Industry continues to grow as projected. In fact, Information and Technology jobs make up about 12% of current job openings.
What’s a hiring manager to do?
The White House recently released a statement about the gap between IT jobs and skilled IT workers with a plan to make education in IT more readily available to Americans. The goal is to help fill employer demand for talented people in the workforce while helping underserved communities with a program called TechHire Inititive. TechHire is offering $100 Million in grant dollars to communities around the United States to implement its programs and objectives.
You may have noticed that we like to brag about Minneapolis. We’ve bragged about the very low unemployment rate (in our Salary Survey), we’ve shared videos about its greatness, and we’ve tweeted and posted to a multitude of articles on our social media about how wonderful it is to live in the Twin Cities. Why do we keep telling you how great it is? Because it’s true. And to help prove our point, we wanted to draw your attention to an article in The Atlantic called “The Miracle of Minneapolis” which gives some concrete evidence for why the greater Twin Cities is such a thriving metropolis.
With over forty-five years of IT staffing expertise, ESP continues to monitor and analyze hiring trends, including compensation and benefits in this rapidly changing economy. Our annual salary survey presents data compiled from ESP’s recent placements, as well as national and local research. We monitor and analyze hiring trends, including compensation and benefits in order to best serve you. Should you have any questions or comments about our 2015 Salary Survey, please feel free to contact us.
Thanksgiving is a great reminder of all we have to be thankful for in 2014. In Minnesota, it’s clear to see that the good times are rolling. Several cities in Minnesota rank among the top 25 for Best Places to live and Minnesota is 17 on the list of the best places for Business and Careers in the United States. Consider these encouraging facts, as well as the information below, as you as prepare for your thanksgiving meal.
More guests at the table: Low Unemployment Rates
There is room at the table for more guests this year. The IT industry is continuing to grow and mature at a rate of 3%, especially in sectors such as mobile. The national unemployment rate is 5.8%. Minnesota has the 5th lowest unemployment rate in the United States at 3.9% as of October of this year although, job growth has been slower. In fact, the unemployment rate has hit its lowest figure since 2008. The unemployment percentage for technology is even better at only 2.7% as of Q3 in 2014. Although job growth in the Twin Cities is down slightly in 2014 by an average of .68%, there is a gap of around 2,700 IT jobs in the Twin Cities that still need to be filled. While some industries in Minnesota have had to cut jobs, IT is among the top industries experiencing job growth.