A strong growth in market interest in medical technology (MedTech) and biotechnology (Biotech) companies, driven by an ageing population, a global pandemic and increased healthcare spending, has seen the UK leading the way in the development of: medical devices; diagnostics and monitoring software; digital health tech; pharmaceutical manufacturing technologies and genomics.
On the back of another record high of $15bn VC investment in the UK tech sector in 2020, the majority of UK tech companies have not changed their growth plans post pandemic and urgently need to recruit highly skilled staff.
The shortage of tech talent has been well documented with a recent report revealing 69% of UK business owners are experiencing a digital skills shortfall.
This has led to the tightest UK labour market for over 4 decades with fewer candidates for every vacancy advertised.
So, you’ve found the perfect Java Developer, Technical Architect or Big Data Analyst, and the candidate has sailed through the interview process. It may feel like the hiring process is over, the critical role has been filled and you can focus elsewhere. But the timing and approach (rights vs wrongs) to extending the job offer is crucial, particularly in a highly competitive IT jobs market.
Approaching 34 years in IT recruitment at Richard Wheeler Associates, such longevity has been built on extreme quality twinned with a focus on offering employers tailored recruitment solutions to complement what you already do. Adding the power of considerable in-house SEO investment (YES we will attract new names to your hiring project) together with a client focus on quality that aims for ‘an offer for every two CVs shortlisted’.
A plan to coordinate the global introduction of clean technologies in order to rapidly drive down their cost has been agreed at the Cop26 summit by world leaders representing two-thirds of the world’s economy.
More than 40 nations said they would align standards and coordinate investments to speed up production and bring forward the “tipping point” at which green technologies are more affordable and accessible than fossil-fuelled alternatives. At that point, the green transition and cuts in climate emissions accelerate rapidly towards a net zero economy.
Startups are unable to compete with the tech giants on material benefits and need to emphasise their unique advantages to attract top talent.
There are many benefits for candidates to joining a tech start-up. These are our top 10:
The independent Green Jobs Taskforce has issued a call to action to support the ambition to create two million skilled jobs by 2030.
Convened by the Business and Education departments in November 2020 the Taskforce has released a new report detailing a number of recommendations for the UK government, industry and skills sector to ensure a green industrial revolution is delivered.
For those tech companies on a mission to find top software engineers, developers, data scientists or Board level executives right now, a lot of factors are in play that are making this extremely tough (something of an understatement).
If you already have recent, direct, experience of this you will have found job postings plus wider recruitment activities returning few suitable applicants; stiff competition for the attention of top flight candidates; salaries that are several levels beyond those being paid pre-Covid.
Here are some of the factors that have led to this: