Why are US businesses struggling to find tech talent?

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Why are US businesses struggling to find tech talent?

The USA is at the forefront of technology in the 21st century, with the likes of Google, Microsoft and Apple powerfully representing the country, but despite this many American businesses are facing difficulties when it comes to technology development.

Companies across the states are currently struggling to find tech talent in their local area, reporting that the pool of skilled, talented candidates is far too low. As a result, the rate at which businesses can grow is limited until they can find the perfect employees to help them keep up with technological advancements.

Why is it hard to find tech talent in the USA?

There are a number of factors at play in answer to this question. Firstly, there is simply a limited pool of skilled, experienced developers in the industry. The rate at which people are graduating from university is not fast enough to meet demand. More and more businesses have to find tech talent in order to expand, but there are not enough graduates to fill the roles.

Secondly, as a result of this demand many talented developers are being poached from company to company as businesses strive to win over the best talent with generous salaries and benefits. For smaller businesses or start-ups with limited budgets, it’s very tough to compete with the big companies who have more to offer candidates both financially and in terms of progression and promotion.

Finally, many businesses struggle to find tech talent who have the passion and knowledge to fit in with their company. Although certain skills in the industry are transferable, many companies require very specific areas of expertise and this narrows the talent pool even further.

What is the solution?

An increasing number of US businesses are turning to nearshore outsourcing to enable tech development to continue without in-house staff. There is plenty of tech talent in countries outside the US, and by partnering with tech development companies or individuals, companies no longer need to go into bidding wars in terms of salaries and benefits to get the talent they need.

By outsourcing, businesses have access to the expertise they need with less hiring stress and no fear that a project will be left up in the air as it could be if an employer were to be poached by a competitor. It’s a fantastic solution that enables businesses to continue to grow despite the lack of talent in their local area.

To learn more about nearshore outsourcing we can offer a free consultancy phone call to explain how we can help to match you with the tech talent you require. Outsourcing may be daunting for companies who are new to the practice, but we can guide you through the process and answer any questions you may have.

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