Canadian Companies See 11% Hiring Jump

June 4, 2002 ( - Canadian chief information officers predict a net 11% hiring increase for information technology (IT) professionals during the third quarter of 2002, according to a new survey.

The survey,  from RHI Consulting, found that:

  • 13% of companies planned an IT department increase,
  • 2% forecast a cutback, and
  • 83% said their tech unit would stay as is

Meanwhile, among the sectors, 31% of technology managers in finance, insurance, and real estate said they planned IT hires. None expected cutbacks.

Solid employment growth is also expected in the business-services industry, where CIOs expect a net 29% increase in hiring. Technology executives in the professional services sector foresee a net 15% hiring jump.

The national poll includes responses from more than 270 CIOs from Canadian companies with 100 or more employees.