Survey: Talent Shortage May Impede New Hiring by Tech Firms

Downers Grove, Ill. — Nov. 12

Technology companies plan to hire new staff over the next year but are concerned about a persistent shortage of tech talent, according to a survey by the Technology Councils of North America, or TECNA.

The survey by the nonprofit trade association found that nearly two-thirds of the 1,700-plus C-level executives said they intend to hire new staff over the next 12 months. Small companies (74 percent) and medium firms (72 percent) are the most optimistic on hiring.

At the same time, 69 percent of executives perceive a shortage in the quantity and quality of tech talent available to them. One-quarter say the shortage is “significant.”

The talent shortage perception is present across all regions of the country, according to the survey. In the Midwest and West, 72 percent of respondents say there’s a shortage. The Northeast (67 percent) and South (65 percent) were slightly lower.

The second annual TECNA survey aims to provide current and future technology trends locally, regionally and nationally. The survey was conducted in partnership with CompTIA, a nonprofit association for the IT industry.

Source: Technology Councils of North America