The battle for quality talent is expanding to a wide array of industries. A recent article from CNN examined the engineering field and the struggles that companies are having when it comes to finding the right professionals.
According to Dane Groeneveld, a director at engineering recruitment firm NES Global Talent, the search for professionals is pushing senior employee's salaries over $350,000. He added that decision-makers are being pulled in multiple directions and the competition for talent/their attention is fierce.
Gladney Darroh, the president of Piper-Morgan Associates Personnel Consultants, who deals with oil and gas engineers, told the news source that it is "an all out war for talent." On top of that, finding professionals who fall within the key area of having five to 15 years experience can be the hardest. This has led to a growing practice of poaching talent, which can be a disaster for companies that might not have the resources to replace them immediately.
"They recognize that if that talent walks out the door it's going to be very expensive and time-consuming to replace them," said Darroh. He added that that retired engineers are even being lured back into the workforce to try and fill the gap.
While the focus of the report is on engineers, these quotes could have easily been made by IT Principals talking about the current state of the technology market. With how quick technology is evolving, the price of quality talent is creeping up and there is little that the industry can do about it. Many VARs and MSPs have become valuable resources, and those solution providers that have partnered with VAR Staffing have risen above the rest.