High-tech manpower shortage

High-tech manpower shortage – why is this happening?
The high-tech industry has always suffered from a manpower shortage. Mostly there is a demand for skilled workers. 2017 was a year of record and exits worth $ 24 billion, 2018 also reached similar achievements, but that means only one thing. Technological manpower is urgently needed to continue to take off.

The shortage of manpower is well known. Already in 2012 this was discussed in the National Economic Council Authority. They marked the shortage of manpower in research and development roles in the fields of computing. This shortage could be a significant growth barrier in the coming years. This is how they warn.

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In fact, in the field, these are research and development centers that exist in the country also on behalf of international companies. The shortage of manpower may have a long-term and long-term impact on the fate of these companies. The existing shortage, together with the low supply, lead to an increase in salaries, especially in sought-after occupations. On the other hand there are barriers that prevent more workers from entering the high-tech industry. There is also a large polarization in the salaries of workers in this industry, which widens the gap that already exists.

High-tech companies – social leaders
Studies show that high-tech, cyber and technology professions have. High social leadership for integration, because if a person from a weakened population integrates into the industry, he has a high chance of reducing his socioeconomic gap. The industry is talking about a strategic threat to the Israeli economy. Already in 2017, the Israeli government came out with a national plan to increase the workforce in the high-tech field. This program involves the National Economic Council, the Ministry of Labor and Welfare, the Innovation Authority and other bodies. All together make great efforts, to increase the number of undergraduate students studying the high-tech professions. The Innovation Authority operates In the field of training and retraining of manpower, locating manpower from abroad and encouraging technological innovation. This is another barrier that high-tech companies must face.

High-tech placement companies – why must?
An expert on behalf of a high-tech placement company claims that today high-tech companies understand that there is not just one profile for a candidate for a particular job. The sources of recruitment vary and so does the pyramid of professions. Today there is flexibility when it comes to threshold requirements. There are new models of candidate screening like placement tests, and the candidates are required to work in front of a computer. The emerging results are the only measure by which the candidate’s suitability for the position is determined.

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The goal of placement companies today, explains an expert from a leading high-tech placement company, is not only to create a skilled workforce, but to maintain the competitive advantage that the State of Israel has. The Israeli software engineer is one of the most sought after in the world and has well-known features such as: depth of knowledge, multi-discipline and entrepreneurship. All of these are reflected in their unique benefits. Various bodies like government, industry, academia and private bodies take this “holy trinity” and cultivate it. Today, the curricula at various academic institutions for high-tech professions have many new and varied programs and a wide range of courses.

Who is going to high tech?
In Israel, those who go to high-tech while “skipping” the academy are graduates of intelligence units and technology units. They are snatched very quickly in the industry, they and others acquiring their high-tech education independently. Self-taught, or graduates of non-academic training. The idea behind these studies is to focus on a very specific profession in the high-tech field and to develop skills that are essential only for that profession. In broad academic studies, students undergo deeper and broader training of all software subjects. It is doubtful whether they actually use all this knowledge in the end in the job they obtain.