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76% of CEOs struggling to find skilled tech talent, Talent International reveals

Talent International has released its 2018 State of the Market report and Salary Guide for Australia and New Zealand.

The report features key insights into the most in-demand tech skills for 2018 and salary bands for a range of contract and permanent positions. It also provides insight into emerging trends in the technology sector and how they will impact recruitment and retention.

“Our State of the Market report is an excellent reference for the tech industry,” said Mark Nielsen, CEO of Talent APAC. “The outlook for the digital and technology industry is strong. But rapid industry growth, increased investment, a focus on digital transformation projects and the ongoing skills shortage will impact individuals and businesses if they are not prepared.”

As of 2017, there was 4.2m people working in technology occupations globally. Employment of people working in the technology industry is expected to grow significantly over the next five years across all verticals, with data science, mobile and cyber leading the way.

Australia and New Zealand have experienced a significant increase in technology and digital roles year-on-year. However, despite technology remaining one of the most heavily-invested in areas for business growth and development, Talent says 76% of CEOs are struggling to find skilled professionals. The shortage of tech professionals is increasing salaries and forcing businesses to hire less experienced staff.

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