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Ways to cut down on tech talent shortage and hire software developers

Technology advancements happen with each passing day. There are more and more tech companies looking for the right tech talent and aiming to hire software developers for their companies. Every tech company tries its best to hire software developer team with an impressive salary package, exciting job roles and much more.

In spite of all this, there are chances that the tech talent may quit the job and leave within a matter of months. According to Debasmita Das, principal – careers and hi-tech industry lead at consulting firm Mercer “At an industry level, average attrition has increased by around 1%. But, in specific pockets such as employees having hot skills in new technology areas or those in Tier -2 cities - which are becoming more prominent tech hubs, attrition seems to be on the rise.” Mercer also indicated that the attrition level in tech companies is around 12 to 13% and in some cases, it goes up to 17 to 18%.

So what does the tech talent need to stay in a particular job for a longer period? Here are some things that the companies must bear in mind when they aim to hire software developers and to retain the talent they have in hand:

Hire software developer team and offer better projects to work on

Tech talent looks for better and challenging projects to work on. The companies looking to hire software developers must bear this in mind. Over a period of time, redundancy takes over and the talent tends to lose interest in the current job role. This is when employees start searching for better jobs with fellow companies. The competitive companies aiming to hire software developer team will attract them and end up handing them their dream job.

Tech talent is often enthusiastic and curious to work on new technologies. Furthermore, they strive for recognition and appreciation for their work. When these factors are missing, they start looking for new work and look for companies trying to hire software developers.

Competitive salary

The tech talent certainly looks for better pay packets. In case, a fellow company looking to hire software developer team offers a better pay package, the tech talent is likely to quit the existing job. Offering good remuneration and good perks and incentives will discourage the talent to switch jobs.

Good work culture

Lending a good work culture that will encourage the talent to grow in their respective roles will help you curtail the attrition level and avoid the exercise to hire software developers. The tech talent aims to take up new tasks that will keep them interested in the job. The tech talent seeks to get trained on the latest technology and work on new projects.

When any or all of the above aspects do not meet, the tech talent is likely to join companies aiming to hire software developer team.

The solution to the problem and how companies can increase the tech talent

The tech companies are unable to find the right talent with the desired skills when they aim to hire software developers. Campus hiring helps the companies only to an extent. Further, the companies have to invest in reskilling and upskilling scouted talent.

So, how can the companies bring down their costs when they want to hire software developer team? In such situations, it is wise to tie-up with places like BridgeLabz Solutions. BridgeLabz offers free fellowship programs and provides practical and logical training to tech talent. These places help make the talent employable. The talent gets a good pay package and they become productive from day one.

Also, the companies do not end up with problems with a bad hire. We can thus cut down on the tech talent shortage and hire software developers with ease.

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Frequently Asked Questions (FAQ)

If you wish to become a software developer faster, then it is advisable to tie up with places like BridgeLabz Solutions that offer free fellowship program along with guaranteed job placement.

You need to have a bachelor’s degree in computer science or engineering to become a software developer.
If you need to find a software developer for a startup, incubation labs like BridgeLabz Solutions will come to your aid. BridgeLabz Solutions offers free fellowship program to aspiring engineers and make them employable.
Fellowship programs offer practical and logical training to tech talent. The tech talent is trained under mentors which makes them employable from day one of work.
BridgeLabz offers fellowship programs in Mumbai, Bangalore, and Pune.
Vision

Be Synonymous With Employability

Mision

Impact 1 Million Jobs By 2025

The Team
About Us
Bridgelabz is an AWS recognised incubator and is soley focused on solving tech employability. Over the last 5 years, it has worked with 500+ top tech companies and 2500+ engineers have been hired from Bridgelabz. It has labs in Mumbai and Bangalore. It has partnered with over 500 companies, including Yatra, Capgemini, Meru Cabs, LafargeHolcim, JDA, UrbanLadder, Fullerton India, and RBL bank. Bridgelabz recently won Business World Techtor Award 2020 and secured 2nd position at Global Edtech Startup Awards 2019, India. Also, was selected by the Maharashtra state government as Top 100 Startups 2019. More than 350+ learners placed in last 6 months despite covid downturn while most organizations were not hiring or were laying off!
Narayan Mahadevan
Narayan Mahadevan
FounderNarayan Mahadevan
25 Yrs. In Technology Leadership In India & US Founder of 3 Startups
Puneet Dhawan
Puneet Dhawan
CGOPuneet Dhawan
20+ Yrs. In Heading India & Global Sales
Manoj Barot
Manoj Barot
CMOManoj Barot
IMC & 18+ Yrs. In Heading Marketing For J&J, Mauj Mobile
Vishal Choksi
Vishal Choksi
COOVishal Choksi
18+Yrs. In Heading Operations With TATA and Other Corporates
Anindo Chatterjee
Anindo Chatterjee
Lab HeadAnindo Chatterjee
25+ Yrs. In Leadership Roles In Technology Industry In India
Ramesh Iyer
Ramesh Iyer
CofounderRamesh Iyer
25 Yrs. In Leadership Roles, India MD Concur (SAP) & President TATA Teleservices
Vivek Srinivasan
Vivek Srinivasan
Consultant & AdvisorVivek Srinivasan
25+Yrs. In Leadership Roles, Former Head Manipal Edu & HCL Talent Care
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