Australia faces an unprecedented skills shortage in the future, according to a new report by a recruitment firm.
With a quick recovery from the GFC, many IT organisations are now struggling with resources for newly created projects, according to Hudson.
The problem is compounded by a CIO’s continued desire to minimise cost and maximise efficiency, Hudson national practice director, Martin Retschko, said.
“CIOs have said they are willing to wait for the right candidate. This is because budgets continue to be under scrutiny in terms of efficiency and recruiting top-tier skills,” Retschko said.
“Previously in peak periods, there was less of a demand for quality and successful applicants didn’t necessarily have the full list of selection criteria.”
Longer term, this could mean projects are put on hold because of a lack of resources. The problem was compounded by a lack of new talent influx to the industry.
“We see some cases of organisations sourcing overseas talent, but nothing wholesale,” he said.
“Recruitment, when it happens, is more on an immediate demand basis and less around longer term talent development pipelines – we see a lot of poaching, but less graduate development or offshore recruitment.”
Should the economy continue to improve and a new peak demand point arrive, this short-term view to recruitment is going to make matters worse than was has been encountered previously, Retschko said.
“The industry as a whole really needs to start promoting careers in technology far more,” he said.