In frenzy to recruit, high-tech concerns try gimmicks, songs
Article Abstract:
The already strong demand for employees with high-tech skills and training is escalating, leading to recruitment wars in the computer and computer software industries. In the software sector, job growth increased by 11.7% in 1995, in contrast to an average growth rate of 9.6% between 1987 and 1994. Among the reasons cited for the upsurge in hiring are the number of startup companies and the proliferation of new technologies. The same trend is evident in the computer industry, with many firms paying bonuses of as much as $10,000 for personnel referrals that lead to a hiring. Competition is particularly acute for employees with at least three years of experience in key technology areas. Many companies, while complaining that universities do not do an adequate job of training students in the wide range of programming languages and technologies, nevertheless take an active role in recruiting recent engineering school graduates.
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 1996
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Filling high-tech jobs is getting very tough
Article Abstract:
A shortage of skilled IT workers not only is affecting technology companies but also numerous service and manufacturing fields. Only 25,000 computer-related bachelors degrees are conferred annually compared to 100,000 new computer jobs, according to the Labor Department. Several factors are contributing to the problem. First, skilled workers are taking advantage of the strong economy's competition. Second, many large technology-minded companies are assigning staffers to correct the Year 2000 computer problem. Many qualified personnel are leaving the industry to become higher-paid consultants. Consequences include reductions in PC user help desks or sophisticated managers' analysis tools. Computer managers increasingly are abandoning technology issues in favor of recruiting. Companies may have to postpone technology upgrades to address the labor shortage, according to Gartner Group.
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 1997
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