NEW YORK, Oct. 27, 2006 (PRIMEZONE) -- An executive job market report has highlighted an interesting factor that may prove generally beneficial to personnel sourcing firms such as Platinum IT Consulting and other industry leaders. The survey called the ExecuNet 2006 Executive Job Market Intelligence Report is based on simultaneous national surveys of search firms and corporate recruiters.
The report indicates that demand for finance executives is on the rise as Sarbanes-Oxley (SOX) compliance continues to generate new job growth. Commenting on the report Mark Anderson, ExecuNet President and chief economist said, "Given the talent shortage that already exists in this corner of the market, SOX experience or training is boosting the compensation of CFO/VPs and controllers by more than 20 percent."
Platinum IT Consulting Inc. a subsidiary of Global IT Holding Company (Pink Sheets:GITH) sources a variety of executive and other IT personnel for companies and offers custom software solutions related to Oracle, SQL Server and Sybase and software such as SAP, JD Edwards, and PeopleSoft. Rising salaries and expectations for executive level personnel of all types such as CFOs could be contributing generally to what has recently been called a generalized "war for talent" in corporate America that includes IT personnel as well as CEOs, CIOs and others.
About Platinum IT Consulting
Platinum IT Consulting, Inc. was established in 1986 and has sales offices in New York City and Madison, NJ. In 2004, Platinum IT became part of the Global IT Holdings, Inc. family of companies. Global IT Holdings, Inc. is a New York-based holding company created to acquire targeted I.T. staffing firms. The company's current holdings include Platinum IT Consulting and its associated company Parker Clark Data Processing.
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