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Shortage of human talent in IT

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The global labor market has encountered different challenges. Quarantine, teleworking, massive layoffs, and process automation are some aspects that have affected all levels of the organization, which have seen the need to take specific measures to mitigate the inconveniences that may arise. 

In this stage of new normality, where the pandemic of covid-19 accelerated and forced the digital transformation, to a great extent, in companies around the world; there is still a shortage of human talent with various skills necessary to cope and continue advancing in this transition process within companies where it is evident the need to start training people in relevant topics such as programming, data analysis, software, artificial intelligence, among others, to obtain competitive talent, quality and, above all, updated to the market demands. It is one of the main conclusions highlighted by experts in human resources. 

On the other hand, they show the difficulty of finding qualified personnel for the company and performing specialized selection tests that take significant time and resources. However, sometimes, in a hurry, recruiters can choose unqualified candidates for training, which may be a complex process at times and one that consumes valuable time for companies and more so in such a competitive and dynamic world. Therefore, short-term training should be considered instead of focusing strictly on a professional career. This training should begin with skills from an early age, such as high school, so students will be more competitive in the job market when they complete their studies. However, it is also necessary to work on updating obsolete education, where universities and schools impose subjects of low relevance that could be refreshed to meet the demands of today’s world.

All of the above is reflected and can be confirmed by a study of IT Technology Talent conducted by PageGroup. The report highlights a 48% shortage in the supply of digital profiles in Latin America, while the growth in the IT sector in the region was 7.7% for 2021.

Another of the points revealed by the study is related to the most demanded positions or vacancies in Latin America in software development, among which stand out: Angular JavaScript 78%, JavaScript 67%, Objective-C iOS 63%, and Java Android 44%.

Concerning the above, executives of significant areas of the technology sector consider that roles, such as artificial intelligence, robotics, data analysts, and software engineers, are hard to fill in organizations and with poorly qualified human talent. However, salaries within this sector are characterized by favorable salary remuneration, which grows steadily and increases as the years of professional career progress, often doubling the initial salaries.

The lack of talent in many sectors, especially in the technology sector, is causing a real headache for many companies. Not only attracting it but also retaining it. Therefore, it is necessary to contribute to the adequate training of the worker to ensure the employability of that high amount of talent that exists, but that, on many occasions, is not enough in the labor market. 

The call is to the private sector and governments to be involved in technological investment. It is necessary to start training in digital transformation from an early age because if this digital transformation does not take place, several jobs could be lost due to the existing gap in the technological world. Experts say that by 2030 one in four jobs could be lost due to the gap in the digital world and the demands of the market.

Therefore, companies must build bridges with academia to improve this scenario. Thus, only the industry-State-academia triad will make it possible for countries and companies to look favorably upon the technological revolution and the transformation that is becoming evident every day.

Finally, among other things, companies must be attractive, and employees must have a strong sense of belonging to the company. To this end, not only economic or salary aspects stand out, but also flexibility in schedules, work methods (including new systems such as teleworking), and work-life balance, among others. 62% of workers consider work-life balance essential when selecting their jobs. Adding all these aspects together will result in quality professionals who give their best in each task and feel at ease within the company.