Talent shortage is a myth


Is there a talent shortage  or the main problem is an ability of startups to hire right people?

It’s no surprise then that the demand for software engineers is higher than ever. The Bureau of Labor Statistics projects that employment for software developers is expected to grow 22% by 2022. That’s much faster than the average for all other occupations.

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source: manpowergroup-en

It’s no surprise that “The talent shortage is a supply and demand problem,” says Brad Nellis, director of the Northeast Ohio Software Association (NEOSA). “We are not graduating enough software engineers and developers and there hasn’t been a strong enough influx of foreign talent. At the same time, we’ve had very high, sustained demand for over three years.”

But  as for me to say that there is the talent shortage is the similar to saying there is a shortage of half priced new luxury cars.

My point is that there is no shortage talent for the right opportunities, great teams, and companies that are led by great leaders in growing markets, who possess an abundance of vision and resources. But there is the eternal conflict of understanding between an employer and an employee.

  1. There’s a shortage of talent, to recognize talent. Weak managers hurt the overall hiring effort. It’s a well known fact, that half the google engineers wouldn’t hire the other half of google engineers.
  2. There’s a shortage of understanding: the problem is that most of the employers  are not looking for talent , they are looking for young programmers that can work at the lowest possible salary. Most of the bosses are wringing their hands and worrying about creating an environment that will attract and retain young workers, while still motivating and retaining the rest.  employers are looking for  the programmers at lowest possible cost to maximize their profits, and not the “talent” as employee understand it
  3. There is indeed a shortage of available top talent willing to work for low pay and long hours, working for teams that are mediocre, lackluster, and guided by leaders without imagination, vision, or drive.  And in the macro economy, there is a shortage of truly top talent that is well compensated in an economy that is heating up.

It pretty much doesn’t matter what country you’re talking about—the United States is facing this crisis, as is Japan, the United Kingdom, Australia, China,Brazil, South Africa, Singapore, India  if you go little bit futher you are able to understand the STEM crisis is a myth

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