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January 2018

Staffing

Sectorwatch

IT staffing may have trended more positively as 2017 closed. CIOs in the US plan more hiring in the first half of 2018 than a year ago, according to the Robert Half Technology IT Hiring Forecast and Local Trend Report. Additionally, more than half of IT leaders expect overall IT staff salaries to increase this year despite declining budget expectations, according to TEKsystems’ annual IT Forecast research.

Industry Trends:

• Current revenue growth rate is less than the average of the last 3 years, indicating that the market may be flattening or declining
• Current gross profit margin is less than the average of the last 3 years gross profit margins, indicating customer pricing power
• Current EBITDA margin exceeds the average of the last 3 years EBITDA margin, a condition that may attract new entrants