Winning the war for talent: The importance of employee retention and development

Recruitment during the pandemic has proven challenging across many industries. This is particularly true in the technology sector. The practical difficulties of recruiting during a lockdown are clear, in particular trying to understand a candidates’ cultural fit with what are often close-knit teams, whilst having largely virtual interactions. These are exacerbated by the fact that hiring across high-demand skill sets such as software development, digital and data science, has been highly competitive, with a shortage of suitable talent on the market. Recent data shows that less than a quarter of UK tech leaders find it easy to find suitably experienced candidates, with nearly 90 percent of firms wanting to see more university talent emerge.

Concerns about a UK skills shortage are nothing new, and are not going to be fixed quickly. Demand for these skills will continue to outweigh supply, and therefore technology businesses must think creatively about developing and retaining their existing talent, as well as how and where they recruit.

Assess the skills gap 

Source link