What Expected Job Growth for Software Developers Means to Your Business
As seen throughout the past few years, technology has continued increasing its role in our daily lives. This technological boom has increased the necessity for able-bodied program developers to deal with our increasingly technological world.
This accelerated growth in the technology sector is creating a need for technical roles, in particular software developers. While this sounds like it would be great for unemployment rates, there is a problem.
According to the US Bureau of Labor Statistics, “Employment of software developers is projected to grow 22 percent from 2019 to 2029, much faster than the average for all other occupations. Software developers will be needed to respond to an increased demand for computer software.” In order to find and secure viable talent to fulfill developer roles, companies will need to ensure their talent acquisition efforts outperform that of their competitors.
For companies that seek to home grow their own talent by hiring recent graduates, there are additional challenges.The demand for talent is expected to be much higher than the supply of qualified STEM graduates searching for positions in the job market. So what is an employer to do?
Improving talent acquisition capabilities will enable companies to hire more developers that fit both their company culture and qualifications. In order for companies to deal with a shortage of talent supply in comparison to its demand they must:
Attract qualified applicants by offering removing friction in the application process
Create a desirable workplace for candidates, with compelling job descriptions and company perks
Become better at understanding developer and programmer demographics and preferences so they can get better at interacting with candidates
Work at improving talent acquisition to increase ability to find and secure possible candidates
At BrightHire, our focus is to connect businesses with qualified applicants to fill the demand for talent in a market that has become increasingly difficult to match the need for technological roles. By leveraging a deeply specialized talent pool of developers, IoT professionals and executives, we are able to guarantee placement success through our proprietary success model for companies in need of talent. To learn more about our talent acquisition process, visit our website, and request a demo for world-class hiring.
