2020 IT Skills Volatility Index (free to active accounts only)
Tracking skills volatility is useful in many ways: analyzing and forecasting demand for skills; monitoring IT workforce transition; and understanding IT management decision making. In fact, we believe statistical volatility in IT skills pay offers a more complete story of true labor market conditions than salary movements and hiring behavior, among other common indicators. Important in this distinction is that skills can be segmented and benchmarked more meaningfully than jobs allowing to microanalyses.
Similar to jobs, IT skills have broad skills categories that can be tracked (e.g., security, networking, systems, database, applications development). But unlike jobs, skills pay can be pinpointed to hundreds of niches and specialization. Also, unlike most job trends analyses, within skills categories and niches are vendor-specific and vendor independent skill specializations for more granular tracking, analysis, and forecasting.
This quarterly updated report is distributed free to active Foote Partners customer accounts.