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Sourced IT and Technology Report | August 2014

22 Sep 15 by Jason

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Growth in the Christchurch IT sector



The Christchurch IT sector is set to continue growing over the second half of 2014 as over 85% of employers plan to recruit during the next six months. With rebuild momentum picking up pace in Christchurch, local hiring intentions remain high and are steadily increasing, with a growth of around 1% since February, as businesses clearly move forward from

planning into action and growth. There is evidence of real confidence in long-term growth among businesses in Christchurch, compared to New Zealand’s other main IT centres, as 92% plan to hire for permanent positions over the next six months and with 62% of employers looking to hire due to new work and projects. 


Key reasons for hiring - Sourced Report August 2014



Workplace culture vital for retaining staff



With 46% of employers saying they would be looking to recruit to replace staff, staff turnover has become a bigger issue in the Christchurch sector, with an increase of 24% over the last six months. 


40% of employees say they will start looking for new roles over the next six months compared to 25% in February. 


Staff churn is cyclical and tends to peak mid-to-late year, so actively building motivation and engagement and supporting employees will be essential in reducing staff turnover leading up to the end of the year. 


The vast majority of employees see professional support from management and leaders as the most important part of a workplace culture, followed by professional development opportunities and flexible working hours. 

Important aspects of workplace culture - Sourced Report August 2014





What do IT job seekers want from Christchurch?



Employees recognise that a job in Christchurch offers great opportunities and as a result they know what they want to get out of their role. Employees look to exciting new work and projects to give them a chance to experience stimulating challenges and work with other talented people, while flexible workplaces are important for enjoying a good work/life balance.


Top five aspects Christchurch IT workers look for in a role - Sourced Report August 2014




What work benefits do employees receive? - Sourced Report August 2014






Upcoming IT Roles



Christchurch employers have indicated that the top 10 roles they will look for in the next six months are: 


Upcoming IT roles - Sourced Report August 2014




It's not all about work!



Employees in Christchurch also receive multiple non-work benefits from their companies.


Non-work benefits - Sourced Report August 2014




Tech hub for New Zealand



Christchurch has the opportunity to be a technically innovative city and become a hub of IT knowledge for New Zealand. The rebuild provides the opportunity to create such a hub, with a growing IT sector attracting innovative businesses to Christchurch, both from within New Zealand and internationally. 


Businesses hope an exciting future for the sector will encourage valuable talent to stay in Christchurch. This is reflected in the forecast of added job security with contract positions expected to make up less than 8% of available roles in the next six months.




Career progression key for employees



As a result of the rebuild, demand for IT is growing and there are more jobs available in the Christchurch market. However, while most employees feel there are plenty of jobs around, fewer feel roles offer good opportunities for career progression.


Employees feel that as the majority of IT teams are small they need to move company to progress.


There is a need for better cross-training for employees to progress their roles and skills and more middle and senior management positions are needed to give people confidence in their future within a company. 


Career progression key for employees - Sourced Report August 2014



Sourced IT and Technology Report | August 2014






Supporting Christchurch growth



The Christchurch IT sector recognises the value it has in supporting start-ups and SMEs in Christchurch. 


There is a strong call for financial support from the government such as subsidies, incentives and free services including broadband. 



How can the IT sector support SMEs and start-ups - Sourced Report August 2014