How to overcome the challenges of the US tech talent shortage in 2021?
While automation in business processes cut jobs, innovation led to a talent shortage in recent years. Businesses that needed high-tech talent were impacted the most due to the lack of highly skilled developers.
Did you know that only 29% of tech companies believed to have the right IT resources? And that 69% of tech leaders say there is a shortage of talent pool?
With the onset of the pandemic, there was a considerable shift in the way businesses operated, and tech companies faced difficulty hiring tech talent due to a lack of professional skills. How to overcome such challenges? Let’s find out here.
Issues US employers are facing when looking for the developers
US employers face the following problems while looking for skilled developers:
- Little to No Experience
Though many colleges are producing some of the top tech talents, we already know there is a shortage. It’s the skilled talent that’s hard to find. Though graduates are meant to be trained, the lack of a basic understanding of tech makes it hard to look for professionals that deliver quality work.
- Limited Tech Skills
Of course, when there is no experience, there will be a gap in the skillset. Graduates with experience may not have the right skills, and a mere interview does not determine having all the skills that fit the job description.
- Lack of formal education
Did you know that only 5% offer AP computer science? It’s the percent of high school that is “certified,” and out of that, one in eight high schools offer AP computer science. Around 8% are computer scientists of all STEM graduates. Not all of them are job-ready, and not everyone fits the job description. Some developers are self-taught, and some have attended boot camps and certified.
- High salary demand
Due to the increased demand for developers, the top tech talents are expecting high salaries, which the leading tech giants such as Amazon and IBM are willing to offer. Still, it’s the emerging start-ups and small businesses facing the issues due to high salary demand.
So What is The Best and the Only Solution to This Issue?
Outsourcing. Hiring in-house developers can be an expensive feat, and the only way to get the best talent to the development team is by outsourcing. It’s cost-effective, quality work is delivered on time with reduced risks and no extra costs.
The Benefits of Outsourcing
Outsourcing tech talents is a great way to overcome the challenges of the US tech shortage. Here’s why:
- Cost-efficient
Countries like Brazil, Mexico, Poland, and Ukraine have talented developers who deliver high-quality work for short-term and long-term projects. The national average salary for developers is way below the US average annual salary, which means you can hire quality offshore developers at a lower rate that’s within your budget.
- Time convenience
From the above countries, you can choose the most suitable destination for you and have almost no time difference, making it easy to collaborate and cooperate with developers. Knowledge transfer and troubleshooting get easier with it.
- Reduced risk
The risk of developers jumping from one job to another is reduced as developers from these countries have high retention rates. Confidential information about the projects need not be distributed to multiple developers time and again with these skilled professional developers.
Final Thoughts
Outsourcing can meet the tech talent shortage, and it does have plenty of benefits for US tech companies. Outsourcing talent means recruiting skilled developers that eliminate risk and cuts down costs.
Read more at https://youteam.io/blog/how-to-overcome-the-us-tech-talent-shortage/
