Ever since the pandemic exploded, there has been a talent gap in the tech sector. The IT skills gap implies that either hiring managers are unable to find, source, and recruit talented IT professionals, or there aren’t just enough skilled candidates that recruiters can hire.
What is causing talent shortage in the IT industry?
- Increasing Demand and Decreasing Supply: A report by the World Economic Forum said that 133 million job roles were likely to be created in 2022-23. However, not many qualified candidates from the candidate pool are available to fill the vacancies. Between 2002 to 2016, jobs in the IT sector increased significantly, but the supply of skilled workforce is low.
- Technological Advancement: New advancements in the technological field occur every day, every minute, and the way we learn IT skills keep changing and transforming. For most people, keeping up with such advancements is tough, and hence, they may not consider upskilling themselves. This creates a candidate pool with a majority of unqualified and unskilled candidates.
- Increased Requirement of Specific Qualifications and Specializations: The specialization within the IT industry is double-edged. Sometimes, organizations may require too narrow or specific specialization and skills that all candidates may not possess and the expense of training in those niche fields is way higher. This way, the talent acquisition process is disrupted.
Top 5 tips for tech recruiters
1. Upskill Your Workforce: Don't wait for perfect hires! Train existing employees to fill skill gaps and build a stronger talent pool.
2. Embrace Automation: Leverage applicant tracking systems (ATS) and other recruitment software to streamline your search and free up time.
3. Build Your Employer Brand: Attract top talent by showcasing your client's company culture and employee benefits. Promote the brand across digital platforms.
4. Think Outside the Box: Consider diverse candidate pools like veterans, older workers, or those with disabilities. They may possess the skills you need!
5. Expand Your Network: Attend online job fairs, connect with community resources, and network actively to uncover hidden gems in the talent pool.
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READ MORE- How can recruiters beat the talent gap in the IT sector?
