How Can Companies Tackle the Software Engineering Talent Shortage?

Engtal's Ashley Jones recently penned the following article, providing his thoughts on how the software engineering industry will develop in 2022.

With the engineering software market expected to reach $50.34 Bn - it's evident that the sector is not slowing down...

With the 'Great Resignation' well underway and talent jumping for brighter opportunities - it's almost safe to say that so far in 2022, demand for developers is at an all-time high, with engineering and tech salaries rising faster than nearly every other industry.

Great news for talent - but it does create an even more significant challenge for the engineering industry to fill the skills gaps the sector is experiencing.

The unmet demand for software engineers has been on the rise for a long time, and it's showing no sign of slowing down.

So - How Can Companies Tackle the Software Engineering Talent Shortage?

As far back as 2019, CNBC reported nearly a million unfilled engineering roles in the US, indicating a massive talent crunch impacting the industry.

Startups in the tech and engineering space have struggled to fill engineering positions in a hiring market where qualified technical talents are near impossible to find.

A growing need for talent across all industries has meant the skills gap is a gaping hole for employers across the US.

The talent crunch has quickly become a talent war; employers are now bidding wars to offer the most competitive compensation packages - keen to be as attractive as possible to the candidates they urgently need.

The candidate is now 'king.'

It's concerning for booming engineering businesses because company growth is stunted without the software engineering talent required to facilitate projects.

This is especially true for engineering and technology companies or even non-technology ones adopting technology for scale.

INVEST IN FUTURE TALENT >

To solve the growing talent burden - the industry must invest, identify and attract a new generation of talent to aid the industry.

INTEGRATE DIVERSE TALENT >

Build a diverse team, irrespective of gender or race, ensures sustainable and societal progress to aid the talent gap in engineering. By remodeling hiring strategies, companies can attract and retain an incredible talent pool.

SPEAK TO A SPECIALIST >

By working with a specialist recruiter, you've access to the latest talent in the market, connecting you to the skills, expertise, and culture match that will enhance a company's team, offering solutions and advice for long-term hiring and short-term, urgent requirements.

Engtal works with some of the most exciting and innovative engineering companies in the US, from seed-level start-ups to multi-national enterprises.

If you want to make your next move in software engineering, get in touch today and see how we can help you get what you want from your career.

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