The war for
tech talent has engendered a bit of a benefits arms race lately.
The point: Recruiting
tech talent has become a free for all.
As a company openly committed to increasing gender parity in the workplace it was clear attracting female
tech talent would be key to addressing the problem.
Not exact matches
At Egon Zehnder, we
have learned in much of our work with many of the leading Chinese
tech giants and startup unicorns what type of
talent is likely to thrive in China, which prioritizes the more nuanced «soft» skills of adaptability, flexibility, and potential rather than simply the «hard» skills of language fluency and past work experiences.
I
've heard from too many
tech recruiters that Midwest startups think they can hire great
talent away from big companies for a «startup salary.»
The 2015 Liberal election platform
had a proposal to limit the benefits of the 50 % employee stock option deduction by placing a cap of $ 100,000 on annual eligible stock option gains but this was dropped after intense lobbying by startups in the
tech and resource industry who rely heavily on non-cash compensation such as stock options to attract much needed, specialized
talent to their firms.
And, as great as the Bay Area and Boulder and Austin are for launching a startup, you
'd be only scratching the surface here when it comes to corralling
talent, tapping the world's next big market (hint: they speak Arabic), or being present for the next
tech breakthrough.
Trump's protectionist immigration policies
would then cut into the
tech sector's
talent pool.
So as we
've reported here before some businesses are trying a third way: growing their own
tech talent through apprentice style programs.
But now, Stamford hopes to foster homegrown
talent, and in a bold move to reinvent itself as a
tech hub, it
has transformed its old city hall into the Stamford Innovation Center.
Though the pledge left benchmarks up to the individual companies, it asked the
tech firms that signed on to implement goals to recruit, retain and advance underrepresented
talent, to publish data annually on the demographics of their workforce, and to invest in partnerships that
would build a larger pipeline of diverse candidates.
With growth in mind, Yahoo
has made several high - profile acquisitions aimed at building the Sunnyvale, California - based
tech company's audience reach and depth of
talent.
Many majorly successful
tech companies
have mediocre
talent at the helm, and vice-versa.
Lloyd is just one in a true murderer's row of entrepreneurial and engineering
talent that Hyperloop
Tech has assembled.
Many
have interpreted her words as putting the blame for Facebook's lack of diverse hiring on a lack of
talent — a pipeline problem, as
tech companies like to say.
To do that, he's given up his Virginia
Tech teaching post and
has been busy building Luna's in - house
talent.
While such organizations
have been around for generations, new ones are sprouting rapidly, especially in
tech, where the demand for flexible, resilient
talent grows by the hour.
Despite the crisis, more and more companies
have invested in Sant Cugat, attracted by
talent, infrastructure network, public support, and a high -
tech innovative ecosystem.
McDerment's rationale might be personal, but he's quick to cite other reasons that other
tech companies
would want to stay in Canada: excellent universities, smart
talent, government financial support like tax credits for R&D, and cheaper employment costs.
Look at the
talent behind some of the most innovative
tech startups and you'll often find people who
have spent years training in the arts.
I
've come to Moscow to attend the third annual Open Innovations Forum, an extravagant two - day event that is designed to bring startups, traditional industry, government, and the public together to cultivate growth in Russia's
tech community and stanch the brain drain that sends a large part of Russia's ample engineering and programming
talent in search of work elsewhere.
That wellspring of
talent has created math geniuses,
tech specialists and engineers — and a blossoming hub of cyber security.
«We can decide that structural inequity in
tech ends with us — and that every technologist who is willing to contribute their
talents and brainpower to our collective future should
have the chance,» says Gates, referring to her investment in Alice, which is structured as a so - called impact investment that doesn't need to be repaid.
Without RIM, Canada will
have lost its biggest training ground for
tech talent, particularly those suited to the C - suite.
«ModiFace became what it is because of the excellent engineering
talent in Toronto... It's a great place to
have a
tech company.
In major
tech hubs like Silicon Valley, startups
have to compete with the likes of Google, Facebook and Apple for top
talent.
Amazon - an industry in of itself -
would bolster top
tech talent in Nashville, and that
talent would allow Amazon to hit its next level.
It probably won't surprise you to hear that Boulder
has become a hub for
tech startups, given the way the University of Colorado and other national research labs located in the area attract funding and
talent.
On the
talent point, there are a lot of intelligent people in Austin with an action - oriented mindset who
have worked in
tech companies big and small.
Amazon HQ2 in Nashville
would capitalize on that momentum, while solidifying top
tech talent retention for generations.
Or, in a post-2016 presidential election world,
would Amazon select a city in the heartland, acknowledging that great
talent can be found between the coasts, and perhaps that big
tech bears some responsibility in making our innovation economy more dispersed?
To keep your
tech talent, you
have to give them one or the other — time or money.
To recruit and retain the best
tech talent, you
have to give them both.
«We
have actually seen companies outsource
tech talent to Argentina or try to recruit
talent from Argentina to bring back to their home country.»
Andela is a program that finds the best and brightest students or programmers in Africa — the continent which
has the most untapped potential
tech talent, according to cofounder and CEO Jeremy Johnson.
Europe's technology sector
has made «a lot of progress» in the last five years, says Clif Marriott of the Technology, Media and Telecom group in Goldman Sachs» Investment Banking Division, evidenced by the increasing number of unicorns — private companies valued at over one billion dollars — in the European
tech scene, the homecoming of the continent's top
talent and the high number of successful IPOs of European companies.
Whether it's smart minds, a welcoming business environment, cultural assets, a legacy of innovation,
tech talent or even cost of living — this region
has all the ingredients Amazon needs to make HQ2 a success.
While he did not provide specifics about the investment, Khosrowshahi said India
would be a core market for the company as well as a second
tech centre as it
has a huge
talent pool of engineers who can improve Uber products.
Himself and entrepreneur, financier and member of the
tech cognoscenti, Schroeder sees much cause for optimism as home - grown
talent cross-pollinates with the venture investors and leading global technology firms that
have made sizable commitments there, including Google, Cisco Systems and LinkedIn.
With a critical mass of
talent and infrastructure in such AI hubs as Toronto and Montreal, foreign investors
would be convinced that moving the
tech infrastructure wholesale
would be a bad idea.
Andrew Dudum and his partners at Atomic
have a straightforward plan to address Waterloo Region's
tech talent shortage.
«We want to lay out the case that the time is right for those who
have a
tech resume burnished in the Valley to bring their
talents home,» said Heather Galt, Vice-President of
Talent Initiatives at Communitech and one of GoNorthCanada.ca's co-ordinators.
With a hot Chicago
tech job market, some of the
talent the next Tribune
would need won't likely stay to run the backstage for this play.
Just one month into the new year, Facebook
has already made multiple acquisitions of both
tech and
talent.
They can not steal your
talent (at this point): Do you think the Winkelvoss twins could
have recruited the
tech team that is in place at Facebook today?
If you factor in all of the research initiatives we
have here, you'll see we
have immense
tech talent here.
On the flipside, especially for companies in
tech, auto, and pharmaceutical spaces, innovation likely
has to be in the DNA of the company culture, managerial decisions, and any new
talent hired.
It's also in the south and
would pull in
talent from an area that's often overlooked by
tech firms, said Marc Morial, president and CEO of the National Urban League, a civil rights organization.
But SharpestMinds wants to build a set of tools to help the rest of those
tech companies that don't
have those recruiting resources find
talent before they get snatched up.
CCI considers the $ 7.8 M in dedicated funding Ottawa
has put behind the new Global
Talent Stream a sign that they are aware this new process will be heavily subscribed to by
tech companies and will require the staffing resources needed to succeed.