Thursday, May 14, 2020
Hiring Developers Fighting with Tech Talent Shortage - CareerMetis.com
Hiring Developers Fighting with Tech Talent Shortage Source â" Pexels.comWe all know that the tech industry is constantly changing. Due to recruitment challenges, companies look for other, more creative solutions to fill a position.Needless to say that the situation with tech talent pool depends on location and many other factors and, for some companies itâs very hard to find and hire dedicated developers, especially if the required set of skills is rare.Hiring Tech Talent Is Harder NowIn recent years, technical hiring has become one of the hardest challenges. HR professionals, recruitment agencies, and tech CEOs alike are bemoaning the shortage of tech talent.evalThe problem has become so severe, particularly in advanced economies, that it now occupies a role in the mainstream discussion.Solutions to the Tech Talent GapGovernments in North America and Europe have debated how they can create programs to teach coding to more people, for example. Meanwhile, venture capitalists and investors complain that the lack of developer talent i s holding their VC portfolio companies back.Technical Skills in High DemandDue to the high demand for tech experts in Western Europe and North America, among other regions, recruiting developers is much harder now. For example, according to EuroStat, about 20% of EU enterprises needed ICT specialists.In this group, in all EU countries, employers had challenges hiring the ICT specialists they needed. The situation was worse for employers in advanced economies such as the Netherlands, Austria, and Denmark.Chart: Employers Who Experienced Challenges Finding Tech TalentAmong advanced economies, Spain and France have lower recruitment challenges for tech roles.Reasons for Shortage of Skilled Human ResourcesBehind the tech, shortage lies a number of trends which have resulted in the supply of talent not matching with demand.The following are important causes of the current situation, according to Hackernoon.1. Technology AdvancesevalevalSoftware engineering has advanced in the last decade . New stacks have emerged, and new tools and techniques. The majority of talent has not yet sufficiently caught up with the latest advances that employers demand in the marketplace.Some relatively new skills that are hard to recruit for include data science, Node.js, No-SQL, big data, and machine learning.2. Employer Expectations for Tech JobsEmployers want to use the best, most cutting-edge technologies available and are willing to pay higher technical recruiter salary to conduct tech pro-research.Some of the businesses in tech are among the best companies to work for. For them, using an older technology stack that has more candidates available is seen as a strategic disadvantage.3. Tech Graduates Not Sufficient for DemandevalIn advanced economies, the supply of new STEM 2. IT outstaffingThe outstaffing model is often seen as an improvement on outsourcing, particularly for product quality. Instead of shipping out the execution of a project and its oversight, in outstaffing, the com pany that needs talent creates a tightly knit team in another location where talent is available.The project managers of this company then work with that team. The outstaffing company provides the entire team of dedicated developers for a project.Some advantages of this model are:Higher software quality â" Because the company sponsoring the project has control and insight into the team of software developers working on it, work processes can be improved. The entire team can work to quality specifications controlled by the company that needs the product. When you hire dedicated developers, the quality of the end product is sometimes superior to what you could achieve internally.Better communication â" Because the client and development team are tightly integrated into the project execution, communication is often better. This makes it easier to identify and solve problems or brainstorm together.evalThe potential drawback with outstaffing is that if the client has no team managers a ble to collaborate with the outstaffing firm, the collaboration can create logistical overhead.Hiring FreelancersAnother solution to the tech talent shortage is to hire freelancers. Hiring freelancers let a client company augment its existing staff with the talent for one-off projects or contingencies.Advantages of freelancers include:Fast access to talent â" Individual freelancers outnumber companies, so finding a single freelancer for a small project is often easier than locating a company that can work on big projects.Few restrictions on finding talent â" While a company might not be able to outsource an entire project to certain regions, there may still be freelancers in those countries that can help. For example, if a company in Europe needs financial development talent but has no intention to set up an office in New York, freelancers can help. The company can simply hire experienced financial developers who have worked on Wall Street so they work on its project, collaboratin g over the internet.A drawback with freelancers is that itâs harder to complete large, complex projects with freelancers. Managing time zone differences and different work schedules makes team collaboration more challenging.Best Countries in Which to Hire DevelopersOne area that has emerged as a winner in the tech talent race is Central and Eastern Europe. This region includes nations like Ukraine, the Czech Republic, Romania, and Poland, which have rapidly growing tech communities.evalThis makes it easier for companies that are hard-pressed to find tech talent elsewhere. Given the high quality of talent in this region of the world, these countries are likely to become very important for the future of the tech industry globally.How Companies Can Circumvent Tech Recruitment ChallengesThe intense need for software developers and tech experts around the world has created a shortage of skilled talent.This creates opportunities for developers and challenges for businesses. Some options that many businesses are now using to solve this problem include outsourcing, outstaffing, and hiring freelancers.Each solution has its own set of advantages and disadvantages. All, however, provide an opportunity for any business or developer looking to work on cutting-edge projects.
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