Four reasons why it's so difficult to hire tech talent
Published
It's no secret that the market for Talents technology is booming. But talent is hard to find. So when you come across the right talent, you have to be ready to make a decision. Competition for talent in the tech industry is fierce. The number of companies actively seeking talent has steadily increased over the last five years & with borders closed, new talent is not coming onto the market. Everyone is literally fighting for the same candidates.
The competition is fierce
The competition for highly qualified talent is very tough at the moment. If you're considering making an offer to hire, chances are you'll face stiff competition. With so many people trying to fill their own open positions, it's difficult to stand out from the crowd. You need a compelling, cost-effective and contemporary compensation package to attract candidates. Don’t just think about salary and benefits. Once you've proven your company's mission and vision, you can think about other ways to attract talent. It's about more than money. Focus on what matters to your candidates and give them clear direction, professional development, and a project to work on. If you do that, your chances of being good and motivated increase Finding employees , exponential.
2. The market is changing
Recruiters need to constantly stay updated with the latest developments in technology to manage their pipeline more effectively and offer jobs to the best talent. And that's not easy. Technology has developed rapidly in recent years. The market is constantly changing and the needs of technology companies have changed. Many applicants are more qualified than ever before, thanks to the increasing number of technical training programs. Applicants' technological knowledge has also improved exponentially over the years. Gaps in knowledge that existed just a few years ago are now clear thanks to the increasing number of Job boards (jobstreet, jobstore, linkedin, indeed...), career fairs and technical writing programs are easy to miss.
3. The rise of the gig economy
Unstable employment and low employment growth are the main reasons why most workers find employment through freelance or temporary work. How can companies stay relevant without access to the best talent? Millions of workers leave the workforce every month, and millions more have dropped out of the workforce altogether. Some companies choose to employ fewer employees and more freelancers. As a result, they need to find employees who have the necessary skills to get the job done.
4. The future of tech talent
What can make the process even more difficult for recruiters is the increasing demand for workers from more than one industry. According to a survey by Tech Pro Research, half of respondents are more likely to technological capabilities one as an employee with special knowledge. Industries surveyed included biotechnology, healthcare and research, manufacturing, real estate, technology, travel and tourism, and agriculture. Hiring managers need to understand the different roles and responsibilities these candidates can fill and what benefits and perks they offer. Recruiters can compete not only on price, but also on other factors that play a role in hiring that are not so obvious.
Conclusion
Regardless of the industry, you will always have a need for qualified people technical specialists have, which is why it's worth keeping an eye on the trends. If you want to maximize your success and fill the most important positions, you need to be familiar with current trends. What trends should you pay attention to? How big is the current shortage of skilled workers in the individual technologies? What issues are there in the industry regarding employee retention? What changes are companies making to solve these problems? What questions can hiring managers ask to find the right candidates?