The Inside Scoop on IT Jobs in Toronto

According to Stats Canada, over the month of June 2011, there were 28,000 new jobs created in Canada versus 18,000 new jobs created in the United States. In a recent quarterly survey, the Bank of Canada reported that 57% of Canadian companies surveyed are looking to hire over the next year. These stats are great news for the Canadian workforce, and particularly exciting if you are involved in the IT sector of Silicon Valley North, a.k.a. the tech hub of downtown Toronto.

Tech startups in Toronto experiencing fast growth
As an IT staffing agency in Toronto, we have the pleasure of seeing many startups reaching lift-off status, first-hand. Many of our clients recently ranked on Deloitte's radar, and one company was recently acquired by a prominent game manufacturer:

• Nexj Systems: placed fourth on Deloitte's 2010 Canadian Technology Fast 50 Ranking. Out of the 50 companies on this list, 11 were from Toronto.

• Polar Mobile: was awarded Deloitte's 2010 Companies-to-Watch award. Out of the list of 10 companies, 4 were from Toronto.

• Five Mobile: a mobile development company from Toronto, was recently purchased by Zynga, a social game development company, for an undisclosed amount. They are now known as 'Zynga Toronto.'

Access to refunds and tax credits make Toronto attractive to tech start ups
Part of the reason tech business is booming in Toronto is due to a government initiative called the Scientific Research & Experimental Development (SR&ED) program. SR&ED provides millions of dollars in cash refunds and/or tax credits for small business expenditures on research and development work done in Canada. Companies such as Polar Mobile are happy to take advantage of these credits rather than outsource work to India or China, creating job opportunities for local technology professionals.

Lucrative tech careers at the moment
It's great to see companies investing in local talent, and it's great to see that IT professionals have more options today. Many developers and programmers we've placed are reluctant to take contract positions for less than three months as they know their services are in high demand at the moment, and they're right for thinking this way. It's a profitable time to be in an IT profession.

To give you a range of salaries for hot tech jobs in Toronto at the moment:

• Mobile App Developers: We're seeing people with J2ME skills, Objective C, and Android developer skills that have been placed at companies for an average salary of 60k+ starting salary as a Jr. Developer, and upwards of 80+ with about 5 years experience. These developer skills are in high demand at the moment.

• M-commerce or Mobile Commerce: Experience with this as a developer will easily net 70k+. Leading companies in this field include PayPal, Square (started by Twitter Founder, Jack Dorsey), and local Toronto company, EnStream.

• Object Oriented Programming Skills in Banking or Software (OO): These skills almost guarantee you are going to get a job in Toronto right now. With 5-7 years experience, you could earn an average of 60-75k a year.

• Banking Skills in Anti-Money Laundering (AML), Business Analyst Derivatives, or Derivatives Programming: This area of IT is experiencing a lot of growth right now. You can net about 80k+ with less than 5 years experience at the moment.

• Regulation Processes (Sarbanes Oxley & Basel I, II, III): This is another growing market. This is quite an advanced field in Canada at the moment, so if you go into this profession, it's not unusual that you would be asked to travel all over the world.

If you're in college or university at the moment, and you want to make money quickly out of school, one of the jobs mentioned above might be just what you're looking for. Whether you're just entering the workforce as an IT professional, you've built a startup, or you're part of an established company, this is an exciting time to be part of Silicon Valley North.

Related Articles

• IT Job Market 2011: Who's Hot?
• IT Job Market 2011: Is This a Candidate's Job Market?
• Canada's Summer Job Market is Sizzling
• Welcome to Toronto, Silicon Valley North
• Top 10 IT Skills in Demand 2010

Written by:

Tim Collins, President and Owner, Stafflink Solutions

Stafflink.ca

timc@stafflink.ca

www.twitter.com/stafflinks

www.linkedin.com/in/timrcollins

10 Tips to Capture Hot Candidates

Can your company improve the recruiting and hiring process? As the marketplace shifts to a candidate’s marketplace, companies are challenged to constantly analyze and improve their talent acquisition processes.

If a candidate has three offers, are you confident that they will take your offer?

Smart employers are beginning to realize that they must be willing to be innovative and move quickly to capture these hot candidates. Some successful techniques that we have seen employers use to capture star candidates include:

1. All interviews same day. Don’t force a candidate to come back twice if you can complete the evaluation in one day.  Efficient hiring processes demonstrate to a candidate that you are an agile, efficient company. That you respect and value their time. This gives the candidate a preview of what the processes throughout the company will be like.
2. Extend offers within days of the interview. How long do you really need to think about itJ
3. Signing bonuses.  A good alternative to raising the salary above a set salary band.
4. Free Tablets. It’s pretty cool to give the candidate an iPad when they sign up.  Cost low – impact high.
5. Working from Home privileges. A great way to demonstrate your commitment to work-life balance.
6. Flex Hours. Many companies have core hours when employees must be in the office but are flexible outside of the core hours.
7. Free beer. If you fill an open engineering position at Hipster, a startup in Silicon Valley, they will reward you with $10,000 in cash and a year's supply of beer.  http://bit.ly/ispZf3 
8. Have your stars interview star candidates. You need to bring out the top talent to capture the top talent
9. Know what the market rates are. Don’t try and lowball. If you know market rates it shows the candidate that you've done your research and you are willing to pay them what they are worth.
10. Gym Membership. A healthy employee is a happy, productive employee. Less sick daysJ

Empower the people doing the interviews to capture the top talent. Make sure they have the training and coaching to interview and sell star candidates on the opportunity to work for your business. Employers that can adapt and capture the best candidates will be more successful in the long run.

Related Articles

• IT Job Market 2011: Who's Hot?
• IT Job Market 2011: Is This a Candidate's Job Market?
• Canada's Summer Job Market is Sizzling
• Welcome to Toronto, Silicon Valley North
• Top 10 IT Skills in Demand 2010

Written by:

Tim Collins, President and Owner, Stafflink Solutions

Stafflink.ca

timc@stafflink.ca

www.twitter.com/stafflinks

www.linkedin.com/in/timrcollins

Steve, Mark and Jim: Who Made 2010’s Nice List

The holiday season is upon us and 2010 is wrapping up. As we look back on the year, it is evident that 2010 was a big year for technology. So who were the top contenders this year? Who managed to make techies “Nice List?”

• Steve Jobs, CEO of Apple, took the tablet market by storm, introducing the ever so powerful iPad in January 2010 and landing it on everyone’s 2010 wish list. In just four months, the iPad achieved $ 1 billion in sales. Couple that with the iPhone 4 release, generating $ 3.25 billion in sales between April and June and I think it’s safe to say Jobs belongs on the list.
  
• Mark Zuckerberg, CEO of Facebook, reached 500 million active users on Facebook at the same time “The Social Network”, a story based on Zuckerberg’s success, took the box office by storm. In one month, users collectively spend over 700 billion minutes on Facebook, making the 2010 social networking market at the tips of Zuckerberg’s fingers.
• Jim Balsillie, co-CEO of RIM, introduced the ever so powerful Playbook in the later half 2010, setting its release for early 2011. Consumers are oozing with anticipation for an iPad rival and developers are working hard to create competing applications, kicking 2011 off with Playbook fever.
• Andrew Mason, CEO of Groupon, an increasingly popular coupon/discount site, has generated immense success in a very limited amount of time. Groupon has added approximately 30 cities a month in 35 countries, accumulating over 40 million subscribers. In addition, Mason just turned down a $6 billion dollar offer from Google making him one of the most courageous business men of 2010.
• Kunal Gupta, CEO of Polar Mobile, has become one of Toronto’s newest hometown heroes. His company has created a partnership with Microsoft to launch 500 applications for the Windows Phone 7 operating system through to 2011. Over 7 million people in more than 100 countries are using applications powered by Polar Mobile’s SMART platform, making Polar a leader in the industry.
• Dennis Crowley, co-founder of Foursquare, a mobile service that encourages people to explore the cities in which they live, is somebody to watch out for in 2011. In 2005, Crowley had his first mobile social service acquired by Google. His new venture, Foursquare, has a team of 16 employees but has over 760,000 users checking in – making them a small but mighty force.

How can 2011 compete with a year where the iPad and Playbook became common words in our everyday conversations and Mark Zuckerberg became a global icon? Where do we go from here? Who else do you think belongs on 2010’s “Nice List?”? Better yet, who will make 2011’s “Nice List”? Let us know your thoughts! We here at Stafflink, hope you made the “nice list” this year and wish everyone a safe and happy holiday season.

Related Articles:
Welcome to Toronto, Silicon Valley North
Top 10 IT Skills in Demand in 2010
The Job Market Longtail

Written by: Michelle De Rubeis, Technical Recruiter, StaffLink Solutions Ltd.
Website: http://www.stafflink.ca/
Email: michelle@stafflink.ca
Twitter: Twitter.com/stafflink1
LinkedIn: Linkedin.com/in/mmderubeis

Welcome to Toronto, Silicon Valley North

A tech revolution is taking off right here right now in Toronto. What does that mean for you and me? It means exciting work opportunities and fierce competition for creative technical talent.

Why are companies such as EA, Apple, Microsoft, RIM, Disney, Facebook, Twitter and Google partnering with and buying Toronto tech companies?

1. Excellent People – Mark Zuckerberg, founder of Facebook says it best, "We have not once bought a company for the company. We buy companies to get excellent people."
2. Great Schools – Toronto has access to a wealth of talent being produced in schools like Waterloo (Masters Program in Technology Entrepreneurship), University of Toronto, Sheridan College, Queens University, and many others which have world renowned Technology and Engineering programs.
3. Community – Toronto has a community of young tech entrepreneurs who are building word class companies and networking at camps, informal meetings and through social media sites like Sprouter.
4. Government Tax Credits – SR & ED (Scientific Research and Experimental Development). “SHRED” gives millions in stimulus dollars to small and medium sized businesses. CEO of Polar Mobile, Kunal Gupta, says he “briefly looked at outsourcing to India or China but between the talent and the tax credits, we realized it was cheaper to do it in Toronto.”
5. Extreme Labs creates an environment for developers to build companies and follow their dreams. They run a very cool training program for young entrepreneurs who are given $5000 and during a 12 week session create products that are presented to a group of VC’s and investors (Dragon’s Den Style). The three companies that were successful last year raised 1.5M.
6. Funding – Money is becoming more available to entrepreneurs. Companies such as Tech Capital, RBC Ventures, Blackberry Partners Fund, Extreme Venture Partners and Growthworks are investing millions in technology startups.
7. New Devices – This tech trend has staying power. Smart phones are selling more rapidly than PC’s. Tablets will gain market share as the price point comes down over the next 6 months. Apps are driving sales of these devices.

Let’s look at some of the recent amazing success stories of Toronto companies:

• Polar Mobile – 6 million downloads of their apps – Sports Illustrated, Time, Food Networks, CNN, CBS, NCAA Sports, and 500 new apps to come for Microsoft
• Five Mobile – custom apps for Rogers, Disney and Sony Pictures – one of their apps for the The Score has over 6 million downloads
• Rypple – just raised 7M – their software integrates smartphones and office email
• Extreme Ventures – invested in 14 tech start ups – 250 staff – one of their companies BumpTop recently sold for a rumoured 35M to Google
• Sysomos – allows corporate clients to analyze Twitter and Facebook conversations – sold last summer for 35M
• Endloop – fantastic app called iMockups that gives developers a template for developing apps on an iPad – all object oriented

Toronto is an exciting place to be right now if you have an entrepreneurial spirit and you’re interested in app development. We are fortunate to have a number of these companies as our clients.

Action Points

• Talk to us about the possibility of working for one of these companies. Email us at cooljobs@stafflink.ca.
• Join the conversation and network with entrepreneurs. Join Sprouter, a Twitter-like community for startups and entrepreneurs, and answer the question “What are you working on?”
• Read more about the tech revolution in this November 2010 Toronto Life Feature Article "Download My App" posted by Kunal Gupta of Polar Mobile:

Tech Kings - Toronto Life Article

   

Related Articles

Top 10 IT Skills in Demand in 2010
Canada's Summer Job Market is Sizzling
10 Job Networking Strategies to Consider if You're a Newcomer to Canada
The Job Market Longtail

Written by Tim Collins Stafflink.ca
timc@stafflink.ca
www.twitter.com/stafflinks
www.linkedin.com/in/timrcollins