0
0

Silicon Valley is facing an 'exodus of young employees' and recruiting tech talent is becoming harder, new survey reveals


 invite response                
2019 Apr 6, 12:40am   487 views  0 comments

by null   ➕follow (0)   💰tip   ignore  

Tech talent is becoming harder to come by in Silicon Valley as other cities become powerful innovation hubs and attract workers, a recent survey by the Brunswick Group found.

The Brunswick Group said that about half of the Bay Area tech workers it surveyed said it's becoming harder to find and recruit talent.

Respondents also said Silicon Valley was seeing more competition from other cities and countries that are drawing some of the top talent away from California.

Forty-one percent of 18- to 34-year-old tech workers surveyed said they planned to leave the Bay Area in the next year.

A recent survey of 300 tech employees in Silicon Valley found that 49% said they expected a region outside the San Francisco Bay Area to emerge as a center of innovation. A report on the survey, compiled by the Brunswick Group, said that most of the tech workers — 74% — said they expected China to become more of a competitive threat to Silicon Valley's tight grip on the tech industry in the next five years.

The Brunswick Group said that even as more jobs in tech emerge, about half of workers surveyed said it's harder to find and recruit talent now than it was a year ago. That could be because the younger generation of tech workers is looking outside Silicon Valley for work — 41% of 18- to 34-year-olds surveyed said they planned to leave the Bay Area in the next year.

More: https://www.businessinsider.com/silicon-valley-exodus-of-young-employees-recruiting-getting-harder-brunswick-survey-2019-4

Brunswick Group One Page Infographic

http://www.brunswickgroup.com/media/5443/c-users-jwri7845-desktop-siliconfidential_infographic-final.pdf

Brunswick Group Study Overview, full report can be accessed thru the link:

http://www.brunswickgroup.com/siliconfidential-bay-area-tech-workers-survey-report-i9768/

Related Recent PatNet Thread: http://patrick.net/post/1308435/2017-07-27-silicon-valley-is-a-den-of-lies-and-crushed-dreams

#SiliconValley #SciTech #InfoTech

no comments found

Please register to comment:

api   best comments   contact   latest images   memes   one year ago   random   suggestions