New Jersey Tech Opportunities Grow Dramatically

The number of New Jersey tech jobs is rising, driven by growing employer demand and state incentives. In an interview with Dice News, New Jersey Technology Council CEO and President Maxine Ballen said that the Garden State’s tech companies are adding positions while new businesses are also cropping up, resulting in an improving job environment. “There’s a comfort level building and companies are adding skilled labor to their workforce,” she said.

New Jersey SignNew Jersey is offering incentives to encourage companies to hire technical workers, and also developing funding sources for businesses. Ballen pointed to state training grants for employers and the angel investor tax credit for emerging tech companies. “It’s encouraging more hiring and more growth in the seed stage,” she said. “Crowd funding’s also been a boon to our local industry.”

New Jersey’s tech workforce became the fastest growing in the country after adding more than 5 percent, or 3,600 positions, during the first half of 2013, according to data from the Bureau of Labor Statistics.

Survey Points to Growth

According to the 2013 New Jersey Tech Industry Survey, 46.5 percent of New Jersey-based tech companies will be increasing staff in the next 12 months. The highest demand is expected to be in custom programming and application development, as well as project management. More specifically, the state’s tech companies say they are in need of people with skills in iOS app development, Big Data visual display and mobile app development.

Local tech companies are primarily recruiting within the state, with 34 percent of new hires coming from within its borders.  International hires came in second, representing 16 percent. New Yorkers accounted for 13 percent, while Pennsylvanians made up 11 percent and Californians 6 percent.

Of the state tech employers surveyed, 86.9 percent offered salary as the primary recruiting incentive, while 34.3 percent provided non-compensation incentives, such as flex time and stock options.

As the state’s tech employers ramp up their hiring efforts, 45.9 percent said the biggest challenge in getting the right employee was finding qualified talent. Survey respondents believed the right person for the job was often difficult to find, because they were already gainfully employed. Many said they were using recruiters to reach out to prospective employees, since the “great IT folks aren’t looking for work”.

8 Responses to “New Jersey Tech Opportunities Grow Dramatically”

  1. All anyone is interested in hiring is “top talent”. Anything less than that may as well be an illiterate bum living in the sewers for as much as employers consider them.

    Personally, I would never consider moving to either New Jersey or New York after reading how when hurricane sandy hit, IT workers were forced to carry diesal fuel in open buckets up several flights of stairs to fuel a generator that was keeping the servers online.

    • Steve, Natural disaster hits everywhere regardless of what super brain you/we have. If you do not like a place any other personal reason that is perfect. Most of the time, people do not like New Jersey because it’s demography.

      Regardless the super brain we have we need to use the brain to survive in disaster. I agree with you that it was scary situation that no telephone, no electricity. If there would not be electricity another day I would put the family in car drive away from NJ.

    • Nah, I think 35 is too old. Better make it 24. And he has to like working at minimum wage and being housed in a condo shared with 50 other people and enjoy sleeping on the floor in a sleeping bag…

      • Worked for an IT company in NJ where an H-1B person was allowed
        to sleep in office during off hours (It’s true). Problem was, the people
        who faked his immigration paperwork and got him into the US wanted
        payment plus interest (cash ). This guy couldn’t tell the boss or notify police.

  2. NJ should be gaining IT jobs because NY is now so hostile to business that companies can’t get out of NY fast enough. The government in NY is totally out of control and just wait until the DiBlasio fruitcake takes the starts as mayor if NYC. Watch out, don’t get run over.

  3. Jimmy T.

    3600 non-jobs that mostly went to people on H1B visas. NJ traditionally has had 2 large industries that employed tons of IT people – telecom and pharma. Ma Bell is no longer the presence in the state it once was (witness all the empty off buildings up/down 287 along with the Bell Labs Holmdel which is now going to be a mall) and phama is in retraction (Merck announced layoffs of 8500 people). Most company’s IT is now owned by foreign nationals. If you are a foreign national, thats great, it not than you have a problem. There is just a lot less IT jobs here due to the offshoring and constant influx of H1Bs. Frankly I have not seen the job market for IT in NJ pick up in years already. I can say this with confidence as I was perm till 2011 and have been a contractor since. Its still tough out there.