As senior developers race to upskill in emerging technologies, smart employers are hiring graduate talent and producing specialists at a fraction of the cost.
Every new technology trend demands a new breed of worker with a specialist skillset. And now in 2017, the skyrocketing of artificial intelligence, machine learning and smart things is creating shortages of niche skillsets in emerging technologies.
Hiring for an intelligent future – what are smart companies doing?
Several years ago when demand for iOS skills exploded, established .NET and Java developers scrambled to upskill. However, once work-ready, these experienced professionals required senior-level salaries.
This meant that companies in these areas found themselves paying more than $100k for workers who effectively had the same level of expertise in a particular technology as a new graduate.
More strategically, some companies chose to hire and train fresh IT graduates – harnessing the energy of a younger demographic and paying entry-level salaries for the same specialist skillset.
“It’s a smart strategy in a smart-tech world.”
For emerging skillsets, it often makes sense to hire the best and brightest talent and train them in these technologies – rather than pay a senior-level salary for the same skillset.
From a recruitment standpoint, this year, I’m already seeing strong interest in new graduates from hiring managers looking to maintain capabilities at the forefront of emerging technologies.