THE HIGH TECH INDUSTRY has remained remarkably resilient in riding the economic roller coaster of recent years. Industry analysts say the high tech job market is improving, the hiring process has sped up, and salaries are on the rise. However, the market is complex and workforce requirements within the high tech industry fluctuate regularly. Although there is plenty of skilled talent for lower-end IT jobs, newer technologies—including cloud computing, mobility, data analytics, social media, medical devices, and consumer digital products—are causing companies to seek out engineers with specific expertise. And as companies turn to automation and machines to increase productivity, the demand is rising for people with niche skills and specific technical knowledge.
Employers are finding innovative and competitive ways to look for the talent they need. Some large firms work with analytics groups that monitor social media, job postings, and online résumés to find out what is happening in specific labor markets where certain skills are in demand. Companies are also opening their workforces up to models and talent types they may not have considered in the past such as outsourcing solutions, contractors, and temporary staffing.
Thanks to the ease of online collaboration and the growing popularity of telecommunication and video conferencing, the location of workers is often irrelevant. This is a boon for employers who are having difficulty finding the skills they need in their local market. Companies can recruit from global locations to find niche skills that are abundant in some locations but not easily available elsewhere.