NYC: IT Job Market Hot, Getting Hotter

Susan Hall
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10 Steps to Tech Employment

Every professional needs a plan for finding employment and for staying employed.

When I interviewed job consultancy Harvey Nash's Bob Miano a couple of weeks ago, he told me that the New York City area is the hottest job market going for IT professionals.


This Wired post talks about startups including Gilt Group, Etsy, Foursquare, Tumblr, Intent Media and Rent-the-Runway in a fight for top talent, along with such established companies such as NBC Universal, News Corp., Time Warner and AOL. And companies such as Google are moving east or expanding there. Google just paid close to $2 billion for a building in the Chelsea neighborhood that gives it more space than the Empire State Building. Of course, companies such as Foursquare are opening West Coast digs as well.


Dave Carvajal, the founder and CEO of boutique headhunting firm Dave Partners, puts the New York City IT labor shortage at startups in three categories: First, engineers and programmers. Second, online marketing people who "really understand marketing analytics." And, third, product developers.


He says startups have become the cool place to work among smart young people who might previously have joined an investment bank or hedge fund. And now he's looking to poach top talent from companies in Silicon Valley.


Paul Daversa, CEO of his namesake executive search firm, in a Business Insider post said the movement east has already begun:

...for the first time in my 20 years of search, the deal flow and investment lines have begun to blur as NY has become a hot-bed for building great tech companies and leadership talent is migrating to New York.
... more than any time in recent history I am seeing a migration of talented engineering and operating executives leaving the Bay area and other parts of the country to lead NY companies.

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