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Tightening Jobs Market - Winter 2021

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.

CleanTech Post-Cop26 - The Breakthrough Agenda

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.

10 Advantages of Working for a Tech Startup

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:

Green Industrial Revolution

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.

UK IT Jobs Market Review

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: 

Smart Energy Management - 25% Bills Reduction

Domestic demand side response (DSR) can reduce bills by 25%, the UK’s largest trial has found.

The FLATLINE pilot project looked at the viability of a demand-side approach to energy management, using batteries in conjunction with smart energy management systems to allow demand to be ‘time-shifted’ to better align with generation.

Why Join a Tech Startup?

What is it that motivates the top talent to choose a tech startup over a myriad of alternatives?

These are the most common reasons tech candidates give to RWA:

London is Home to More Software Developers than any other European City

London is home to more software developers than any other European city, with over 359,000 full stack developers across the capital, according to research by Atomico and Stack Overflow. London retains its spot as the largest tech hub for professional developers, followed by Paris (267,000), Amsterdam (216,000) and Cologne (165,900).