ROBERT HALF: NEARLY TWO-THIRDS OF TECHNOLOGY LEADERS SAY THERE IS A SKILLS GAP ON THEIR TEAM, ACCORDING TO NEW REPORT

Rhea-AI Summary

The Building Future-Forward Tech Teams report by Robert Half, released on May 8, 2024, reveals significant skills gaps in the tech industry, driven by the rapid pace of change, evolving business priorities, and the rise of AI. According to the report, 65% of tech leaders identify a skills gap within their teams, with 62% noting an increase compared to the previous year. Nearly 95% of tech leaders experience difficulties in finding skilled talent. While 90% plan to implement AI initiatives this year, 48% cite the lack of staff with AI skills as a major barrier. Companies are prioritizing improving security, upskilling workers, and hiring skilled employees. Ryan Sutton, executive director for technology talent solutions at Robert Half, highlights the top priorities for tech leaders, the most sought-after skills, and strategies for job seekers to stand out in an AI-driven market.

Positive

• 65% of tech leaders see a skills gap, highlighting a potential market for education and training services.
• Nearly 95% of tech leaders have difficulty finding skilled talent, indicating strong demand for qualified professionals.
• 90% of tech leaders plan to implement AI initiatives this year, reflecting an industry-wide push towards AI integration.
• Companies are focusing on improving security, upskilling workers, and hiring skilled employees, indicating a robust investment in workforce development.

Negative

• 62% of tech leaders report the skills gap is more evident compared to a year ago, indicating worsening conditions.
• 48% of tech leaders cite a lack of AI skills as the biggest barrier to AI initiative success, showing a critical skills shortage.
• The increasing skills gap may lead to operational inefficiencies and hinder technological advancements.

Learn the top tech skills in greatest demand and tips to position yourself in an AI-driven tech market

MENLO PARK, Calif., May 21, 2024 /PRNewswire/ --

BACKGROUND:
In today's technology landscape, skilled workers are in demand. The need for highly-skilled professionals has contributed to a significant challenge for technology leaders, according to a new report.

Experience the full interactive Multichannel News Release here: https://www.multivu.com/players/English/9240151-robert-half-building-future-forward-tech-teams/

The Building Future-Forward Tech Teams released by Robert Half on May 8 found that there are critical skills gaps in the tech industry due to the rapid pace of change, evolving business priorities, and rise of artificial intelligence (AI).

Key Findings include:

• 65% of technology leaders report a skills gap within their teams and 62% say the gap is more evident compared to a year ago.
• Nearly 95% of tech leaders face challenges finding skilled talent.
• 90% of tech leaders plan to implement AI initiatives this year but 48% cite the lack of staff with AI skills as the biggest barrier to success.

Improving security, upskilling workers and hiring skilled employees is a top priority for companies in the technology industry. How can job seekers position themselves for in-demand tech roles, including AI, during the hiring process?

Ryan Sutton, executive director for technology talent solutions at Robert Half, shares findings from the Building Future-Forward Tech Teams report. He reveals the top five priorities for tech leaders, the most sought-after skills, the growth and impact of AI and how job seekers can differentiate themselves in the market.

For more information please visit: www.roberthalf.com

MORE ABOUT RYAN SUTTON:
Ryan Sutton is the executive director of the technology practice at Robert Half. Throughout his 25 years in the talent solutions industry, Ryan has served as an authority on emerging business trends, specifically the impact of these trends in the technology talent sector. In his role, Ryan works with leadership teams to develop growth strategies and operating processes and leads Robert Half's technology brand positioning. Prior to his current role, Ryan most recently served as a district president, responsible for leading the firm's technology talent solutions practices in New York City and New England. He has been with Robert Half since 1999 serving in various local and national senior management roles. Ryan serves as a national spokesperson where he speaks frequently on emerging trends impacting the workplace and the technology industry. Ryan earned his bachelor's degree in accounting from St. Michael's College in Vermont and is based in Boston.

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SOURCE Robert Half

FAQ

What is the main finding of the Building Future-Forward Tech Teams report?

The main finding is that 65% of tech leaders report a skills gap within their teams, with nearly 95% facing challenges in finding skilled talent.

When was the Building Future-Forward Tech Teams report released?

The report was released on May 8, 2024.

What percentage of tech leaders plan to implement AI initiatives this year according to the report?

According to the report, 90% of tech leaders plan to implement AI initiatives this year.

What are the top priorities for companies in the technology industry?

The top priorities include improving security, upskilling workers, and hiring skilled employees.

How can job seekers position themselves for in-demand tech roles?

Job seekers can position themselves for in-demand tech roles by focusing on acquiring skills in AI and other high-demand areas, as suggested by the Building Future-Forward Tech Teams report.