The tech talent shortage: Real, vastly overblown, or an outright lie? (You tell us!)

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The common wisdom in the tech industry in recent years is that there’s a shortage of qualified tech talent, making it difficult for enterprises to hire, attract, or even find technology workers with the skills and/or experience necessary to leverage technologies such as mobile, data analytics, artificial intelligence, cloud computing, and more. That’s not even counting the perpetual high demand for programmers as well as enterprise architecture and enterprise security pros.

Monster.com warned less than two years ago that the “tech talent gap is even larger than you thought,” citing a global survey of CIOs showing nearly 65% of respondents reporting skills shortage woes.

More recently, technology staffing firm CultureFit declared a “historic talent shortage,” buttressing its dire proclamation with forecasts from Gartner and IDC predicting a dearth of computer specialists and data management professionals.

But are these and similar claims — that there simply aren’t enough tech workers to go around — accurate? There are doubters aplenty! Take Forrester Vice President Andrew Bartels, who argues in Forbes that “fears of a crisis in the American tech labor market are vastly overblown.”

Tech hiring firm Mondo goes even further, straight-up calling the tech talent shortage “a lie.”

Confusingly, Mondo wraps up the piece by stating the opposite: “The tech talent shortage is real, and it’s growing.” But the company does offer a thought-provoking explanation of why the fake tech-talent shortage actually exists:

“The reason for it is not due to a lack of talented individuals passionate about technology. It’s actually caused by companies refusing to invest in developing entry-level tech talent, the lack of acceptable pay or perks for specialized tech positions, and the inability of companies to find or access the talent they’re looking for.”

So here’s my question: Are there grains (or even nuggets) of truth in Mondo’s explanation? Are companies essentially doing tech hiring and development wrong? I’d love to hear from readers about whether their organizations are struggling to fill tech jobs and whether you think they could do it better. Feel free to leave a comment below!

RELATED LINKS

The war for (human) digital talent has just begun

2018: The war for digital talent is vigorous and creative

The power of purpose in the war for talent

Comments

  1. Susan Smoter says:

    I tend to agree with your thesis because I am witnessing IT executives lamenting the shortage of skilled workers while they struggle to fill antiquated positions linked to an org model that isn’t designed for the future – a future where different skills and fewer hands are needed.

    Like

  2. Akhileshwar says:

    Recruitment unfortunately is the most neglected, key word searches ruin the first step in filtering out people illogically. Next resume screening is done by lower most HR persons who don’t understand the complexity and nuances or the work, they look for comfortable matches and weed out nonconformists.

    Like

  3. Mondo is right, the tech shortage is a lie. It’s a rat race in the bay area as a recent grad in CS at SJSU. I’ve done everything, self projects, portfolios, networking, and hackathons for the past 2 years and no luck. My friends are in the same boat. I’m scraping by as a Lyft driver and constantly job searching/building my portfolio.

    Like

Trackbacks

  1. […] A few weeks ago I wrote about whether enterprises truly are struggling to find people with sufficient technology skills. […]

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