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Address technical skills shortages by developing data talent internally Business News

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The skills shortage is a problem that is making headlines. And it’s one that’s being exacerbated by the so-called big resignation, as employees seek new challenges in the wake of the Covid-19 pandemic.

However, one sector is suffering more than the others. The demand for technical talent has never been higher as organizations of all kinds seek to embrace digital and remote working and gain vital insights from increasingly available data. This means that the demand has increased while the supply is decreasing.

This was the subject of a recent government publication, Quantifying the UK Data Skills Gap, which revealed that almost half of companies (48%) are currently recruiting for data-related roles. The most in-demand role is data analyst, with 12% of companies hiring for this role. This is followed by the data manager (10%), the data manager (9%), the chief technology officer (8%) and the data protection officer (8%).

Yet recruiting talent is expensive, both in fees payable to recruiters and in salary itself, and in a fiercely competitive market, there simply aren’t enough candidates to go around. The government report estimates that the potential supply of data scientists from UK universities should be around 10,000 a year, well below the number of vacancies currently estimated at between 178,000 and 234,000. business, this begs the question of how to find the talent they need to capitalize on the opportunities that arise from digital initiatives.

The solution to the skills shortage, however, may be closer to home than many business owners think. Investing in and developing existing talent can not only help develop these vital skills, but can also reduce the likelihood of employees looking to move on to a competitor. Taking trusted people from other roles and providing them with the skills to lead or build an in-house web development, coding, or data science team is an effective – and relatively inexpensive – way to develop a skills pipeline that will last a business in good stead for years to come.

The good news is that the workers themselves are open to the concept of reskilling. According to the government report, 70% of respondents expressed interest in learning data skills, and 46% said the need for them to have such skills has increased over the past five years.

Le Wagon, a provider of technical skills bootcamps, offers dedicated programs to help organizations provide employees with the skills and experience they need. It offers two main programs – web development and data science courses – and companies can choose between nine-week full-time courses or 24-week part-time studies, all held at its London base. To date, approximately 15,000 people have taken the intensive courses, on 45 campuses around the world.

Andrew Moffat, UK managing director at Le Wagon, believes companies need to start thinking about a different approach to looking to hire ready-made talent. “Look inside your business,” he says. “You know, there are superstars who are amazing at what they do and who are skilled, ambitious and driven. Creating an in-house learning path could save a lot of time and money. compared to external recruitment, and will have a much greater impact on the business in the long term.”

To learn more about how Le Wagon can help you develop the skills you need, visit www.lewagon.com.

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Source: www.independent.co.uk
This notice was published: 2022-06-15 11:31:50

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