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Shortage of tech workers in future

Anuradha Shukla | May 8, 2015
Findings from a new report by Universum.

There will be a global shortage of tech workers in the future, according to a newly released report by Universum.

A shortage of skilled professionals is threatening future growth in the UK where about 8 percent of all workers are employed by tech companies.

In the US, a shortage of one million technical workers over the following 10 years is predicted by the President's Council of Advisors on Science and Technology.

The shortage is expected to have a negative impact on the economic situation and this has driven technology companies to relax immigration rules and attract lower-cost talent.

Finding of the research indicates that technology leaders have to struggle with the fact that professionals they have right now may not have the skills required to compete in future technology market.

Top career goals

Universum asked university students planning to work in the technology industry to choose their top three career goals and 56 percent selected work-life balance. 53 percent chose job security and 41 percent selected job stability.

The top three channels for learning about potential employers are employer websites (65 percent), social media (60 percent) and career fairs (51 percent).

70 percent of students in the APAC region seeking tech industry jobs say they use social media to research employers.

One in three professionals who seek work in the technology industry wants to become technical or functional expert. These professionals desire a job that allows them to be entrepreneurial or creative/innovative.

 Those aiming to work in the technology industry are much more likely to prioritize innovation and the attractiveness of a company's product/service lines.

Half of respondents cited professional training and development when asked to name the top three characteristics they look for in a future job.  




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