The Benefits of Using an IT Employment Agency for Your Hiring Needs

The Benefits of Using an IT Employment Agency for Your Hiring Needs

Posted October 8, 2024

Don’t Settle for Less: Elevate your Hiring Strategy with Talent as your IT Employment Agency of Choice

When it comes to selecting the best tech talent to join your organisation, you need IT experts that can bring your hiring strategy to the next level. Using Talent as an IT employment agency brings together global experts in tech, transformation, and beyond. With over 25 years of experience and a people-first approach, we’re committed to creating the most rewarding experiences for candidates, clients, and company culture. By leveraging Talent’s combined years of tech expertise, you can ensure that your hiring strategy is supported by professionals who are dedicated to building a better world of work for all.

We’re not just an IT employment agency – we’re a global team of specialist recruiters, equipped with in-depth market insights, providing a streamlined hiring process to our global reach of clients. 

IT employment agency specialists at your service

With over 25 years of industry and recruitment experience, Talent has established itself as a leading IT employment agency. Our team of IT employment specialists spans across various industries, including cybersecurity, government affairs, to Microsoft and cloud technologies. 

Talent’s team is dedicated to understanding your organisation’s needs and streamlining the hiring process. Our commitment is evident in our approach, highlighted by Georgia Hynes, Senior Recruitment Consultant at our Talent office in Wellington. She explains,  “Each week everyone on our team spends at least 15 hours sitting in front of government leaders, business owners, or senior hiring managers. The knowledge we gain from these meetings makes us some of the most qualified people in the market!”

Talent takes pride in providing exceptional support to our contractors, going above and beyond to match them with the right roles that truly resonate with their expertise. As expressed by Roopesh Golluru, an IT Project Manager at Hewlett Packard Enterprise, “I am incredibly grateful for the outstanding support I’ve received from the team at Talent. Their expertise in matching me with suitable project management roles is exceptional. Throughout the process, they demonstrated a deep understanding of my skills and career goals. Thanks to their efforts, I have always secured roles that align perfectly with my profile. Talent International’s commitment to excellence is evident through their dedicated team. I highly recommend their services to anyone seeking professional and personalised recruitment assistance.”

Our specialised approach is designed to power projects and drive business success. See what a specialised recruitment approach will bring you in our latest blog which dives into our industry expertise and how we can power your projects.

Mapping the market how we do it best

         It’s no secret that the future of the IT industry, and tech as a whole, is constantly changing. That’s why you need an ear to the ground on all the hiring happenings. Here at Talent, we have tenured specialist IT recruiters that know the ins and outs of all things tech. Whether it’s digital transformation, cloud migrations, or IT implementation projects, we have the recruiters and the candidates to power your teams. Their expertise, combined with our extensive candidate network allows us to be the go-to resource for building and powering high-performing teams.

“We want to ensure we bring value to our clients and candidates, and by sharing market insights that are not only useful, but industry-specific, empowers organisations to stay one step ahead of the game.” – Georgia Hynes, Senior Recruitment Consultant, Talent Wellington, New Zealand

Our dedication to sharing valuable market insights and IT industry knowledge makes us more than an IT employment agency – it creates a strategic partnership to power clients towards growth and innovation. From industry-specific whitepapers, to in depth salary guides, Talent provides the insights to keep our clients in the know so they can make the best hiring decisions for their business. 

For more detailed insights into the hiring market and technology jobs trends, you can explore our 2024 More than Money Salary Guide

Taking care of business

Having Talent as your IT employment agency of choice ultimately benefits both employers and employees. Talent’s team of specialised IT recruiters will take care of your hiring strategy while you focus on the important things to run your business. Whether it’s interview preparation, onboarding processes, to contractor care, Talent can manage all the various hiring headaches that keep you from day-to-day tasks. 

Our world class contractor care services also provide exceptional opportunities for current and past candidates. In Australia and New Zealand, Talent’s ENGAGE platform offers a different approach to the contractor experience. It combines all the practical requirements of being a contractor with access to a unique and exclusive wellbeing and benefits program. For employers, it’s an easy and convenient tool for managing your contractors including paperless contract management and seamless timesheet approval. 

Contractor care is at the forefront of what we do. “Our dedication to candidate care led to the invention of Contractor Care Manager roles who are there to ensure our contractors feel like they’re part of a family,” says Georgia. “They’re invited to Talent events,  and generally just well looked after, ensuring we know when we need to get their current contracts extended or line up another placement elsewhere!”

When it comes to candidate care, we want our contractors to feel like an extension of our team. From interview prepping, onboarding experience, through to weekly payroll and benefits, we’ll handle all things contractor care so you can focus on business-critical projects. 

“Over the years, Talent has been a great partner when it comes to finding the most qualified candidates in the market. Their expertise within the IT space has been very beneficial to us and we have been able to place amazing candidates sourced by Talent. The work that we do with Talent is both for full-time and contract roles, and we are always satisfied with the qualified and experienced candidates they present. The Talent team is friendly, open to discussion, and quick on their response. When working with Talent, we don’t need to worry about following up because we know that everything is being taken care of by them!” – Aurora Valiente, Global Talent Acquisition Manager, Accelalpha, United States

A global reach that goes beyond

         With a global company comes our global network of qualified candidates, connecting professionals from various locations and industries. Talent’s extensive network empowers us to access a diverse pool of talented individuals who can drive projects and deliver results.

“In New Zealand, Australia and the US, our branches have a #OneTeam philosophy, meaning that we like to think outside the box and come up with solutions together for our clients recruitment problems,” Georgia shares. 

“We don’t just ask about their hiring plans or their vision. We want to know their ‘why’. We then head back into the market to find capable people who want to contribute to that client’s ‘why’.” – Georgia Hynes, Senior Recruitment Consultant, Talent Wellington New Zealand

As Georgia puts it, this is the start of building strong, high-performing teams that help organisations thrive. Our approach to recruitment is not about filling vacancies – it’s about creating powerful teams that are aligned with our clients’ vision and goals. 

Our global network of candidates is a direct reflection of the better world of work we’re on a mission to build. Having this network goes beyond placing candidates in the right roles; it means taking the extra step to ensure they’re thriving in their roles. 

“I have never before had an agency follow up with me about how I am going, if everything is OK and care about whether I have submitted a time sheet or not.” Mechan Rapp, SAP Functional Expert at QLD Health shares while being on contract with Talent. “It’s a personal touch that is different and appreciated as it’s nice to know that there is an element of care and the engagement is not just about making a margin on my rate.”

Building a better world of work

Building a better world of work is at the core of Talent’s mission. We strive to create genuine value for both individuals and organisations to foster an environment where both candidates and clients thrive. At Talent, we’re dedicated to empowering people to shape an inclusive world of work. 

Adeline Le Bris, our Senior Recruitment Consultant in New Zealand, shares the unique approach that sets Talent apart from other IT employment agencies. 

“Talent is not like any other agency I know. I have been blown away since day one on how they care for their people. From my experience onboarding and the warm welcome to all the meaningful benefits that show they value me as a person. This means I can bring the best of myself to work everyday.” – Adeline Le Bris, Senior Recruitment Consultant, Talent Wellington New Zealand

At Talent, we believe that by prioritising the well-being of our people, we’re not only enhancing the workplace, but also creating positive change in the world of work, for everyone. Our commitment is reflected in the global network that we’ve grown, the specialist support we provide, and opportunities we create for both businesses and professionals.

Partner with a premium IT employment agency today

Don’t just work with any IT employment agency – partner with the best. By choosing Talent, you’re not just investing in IT recruitment services, you’re investing in a better world of work. 

Contact or get in touch with our specialists today. 

Why You Need a Specialist IT Recruiter for Your Next Hire

Why You Need a Specialist IT Recruiter for Your Next Hire

Posted August 29, 2024

Streamlined success: The power of working with a specialist IT recruiter

Choosing between a recruiter with general tech knowledge and a specific tech expert may seem straightforward, but it’s not always that simple. With constant innovations in technology, and the ever-changing job market, it’s no secret that staying ahead of the competition requires more than just a basic understanding of the industry. To truly succeed in this market, it involves staying on trend with advancements in both digital and technology. That’s why having a specialised team of IT recruiters, who are immersed in the candidate market, and equipped with industry-specific knowledge, is the key to unlocking a successful hiring strategy. 

The Value of a Specialist IT Recruiter

While tech trends evolve, you need a dedicated recruitment partner that can assess your needs amidst ongoing digital advancements. As Colin Etheridge, CEO of North America shares, “Our specialist IT recruiters are immersed in their specific markets and know their market intimately. They know who the best candidates are, have relationships with them and are able to provide the right solution efficiently and at the right cost. A generalist recruiter can offer nothing close in terms of value, speed or relevance.”

Working with a specialist IT recruiter takes you beyond typical hiring practices- it enables you to have a strategic hiring approach while not taking away from business-critical projects. Your team of specialised recruiters will be able to identify crucial skills, technical experience, and cultural fits in candidates to empower teams. That way you can focus on what needs to get done, while still having confidence that the top talent is being found to drive projects.

Unlocking industry-specific knowledge and networks

In a constantly evolving IT sector, industry-specific knowledge and expertise is invaluable. Having a recruiter that is well versed in current trends, funding rounds, and the latest technological advancements, can make a significant impact on finding the right candidate for your team, while carving out an edge against the competition.

“All sectors, whether it’s technological, industrial, or commercial, have their own unique characteristics and supply chains,” CEO Colin Etheridge acknowledges. “Only a specialist recruiter knows what is possible in terms of timeframe, cost, and even the possibility of hiring what is needed.” 

But don’t be fooled- some of these industry experts don’t know enough about the hiring market, technology innovations, or how your organisation can stand out as a top employer. Talent’s global team of Specialist IT Recruiters have a deep understanding of the evolving digital landscape and tech hiring market. 

To truly stay ahead of the competition, hiring strategies must also align with innovative industry sectors that are experiencing growth.  “In high demand sectors like Microsoft Business Central & Azure, Oracle eBusiness, Digital Product Management & Design, it is crucial that our clients get the right advice. That advice is far more informed and credible from a specialist who operates in these markets on a 24/7 basis.” CEO, Colin Etheridge shares.  

Our specialist IT recruiters are more than matchmakers

At Talent, our specialised recruiters are more than just matchmakers; they’re strategic partners dedicated to understanding the unique needs of your business. “Our recruiters also know a great deal on how to position each enterprise to ensure the best possible chance of securing the right candidate or candidates.” Colin Etheridge, CEO of North America shares. 

With a committed recruitment partner, comes their niche networks, which are essential for finding and attracting top talent. Talent’s elite candidate network will equip you with leading professionals that are spearheading innovation in their industries. You’ll get full access into Talent’s ENGAGE platform which is an exclusive community of skilled candidates, allowing you to find and secure top talent in the market. InWhether it’s skilled Microsoft, SAP, or Oracle professionals, finding the right people that can elevate an organisation’s innovation is what we’re here for.  From contract solutions to permanent players on your team, we’ll be sure to identify your organisational needs.

In today’s competitive digital landscape, it’s not just about understanding the nuances of the tech hiring market; it’s about forging a genuine partnership. By taking the time to understand company culture, project needs, and other unique requirements, industry experts can craft a hiring strategy that aligns perfectly with your ever-changing goals. This kind of understanding and commitment paves the way for a long-lasting partnership, which in turn helps bring in top talent and keeps organisations growing strong. 

Talent’s advisory service is your solution for addressing specific pain points in your people strategy. Discover how we can revolutionize your hiring strategy with Talent Advisory.

A proven track record of success

We take pride in our specialists’ proven track record of success. Our online case study library is full of success stories from all across the globe. Whether it’s major digital transformations for technical clients to helping small digital start-ups scale their teams, we have a track record that speaks for itself. 

Looking to build your team? Uncover how we’ve hired high performers for companies like yours, here. 

Key IT roles for Professional Services businesses

Key IT roles for Professional Services businesses

Posted August 12, 2024

Do you have the right Professional Services tech talent to lead the way?

As the Professional Services industry continues to evolve, the need for professionals with specialised knowledge of emerging tech is essential to drive businesses and IT teams forward. These IT roles are crucial to any team’s success, requiring the right tech talent to drive business growth and push towards operational excellence. 

According to a Salesforce study, professional services firms expect more than 75% of their revenue will come from digital within the next 3 years. Only the firms with the top digital and tech professionals will be able to stay ahead of the competition. Whether it’s artificial intelligence, cybersecurity, data analysis, machine learning, or cloud infrastructure projects, it’s critical for organisations to stay on trend, up to speed with tech innovations, and have the right people to bring projects to the finish line. 

From digital transformation projects to technology implementations, the right tech talent can make or break an organisation. It’s important to understand professional services IT roles and why each function is crucial to these firms.

Professional Services IT roles with expected growth in the next 12 months

A lot can change in a year, especially regarding the hiring market. Roles that are stagnant now could experience booms in the near future. As technology evolves, so will the talent pool, and these roles need those dynamic experts who can grow with rapid innovation. 

Cloud technologies, and in particular ERP (Enterprise Resource Planning) solutions, are all seeing immense growth in their technological development as well as in the job market. ERP solutions are software applications that integrate and streamline core business processes. Integrating ERP with Cloud solutions, further enables collaboration, access to real time data, and offers improved security. Roles with sepcialisations in these technologies are opening up across the hiring market, but especially in consulting roles that understand both the intricate technology advancements, while communicating with the customer. Some of these roles can range from titles such as, Consultant, Senior Consultant, Manager, Associate Director, Partner etc.

“In the coming year, there will be a substantial increase in demand for experts in Salesforce, SAP, ServiceNow, Microsoft Dynamics, Workday, and Oracle. These platforms are essential across various industries, including government, financial services, manufacturing, and transportation, as companies seek to upgrade and enhance their systems” highlights Alan Dowdall, Practice Manager – Technology and Sales. Think SAP Architects, Microsoft D365 Consultants, to Oracle Implementation Leads, these roles are seeing great growth across the globe.  

Under this expansive umbrella of technologies AI, Data, and Machine Learning roles are also shaping the future of hiring. AI for digital transformations will especially help business operations, and are essential to business growth. If you’re embarking on a digital transformation project – whether it’s cloud migration, updating legacy systems, integrating AI, or locking down your cyber defences – you need skilled professionals to take those projects to new heights. Cloud and Cybersecurity roles within these technologies are also fundamental, if not critical, to any organisation’s performance. 

An increase of funding and demand in these technologies can feel like the market is changing overnight, which is why specialised tech experts are needed to help navigate this landscape. Take a look at our tech offerings and find out how we can power your projects.

Professional Services IT roles to transition into

Software Engineering, to AI and Machine Learning, are all prominent skills in the 2024 tech market. Colleges and Universities across the globe are investing in AI and Machine Learning courses and capabilities. The United States, however, has seen an immense uptick in AI funding and increased enrollment in AI programs, whether it be an extension of professional learning, or on College campuses. While AI is growing across ANZ, there is a more generalised focus on automation and machine learning. Regardless, the time to jump on AI growth is now. From Microsoft CoPilot, ChatGPT, or personal favorites like HelloSumo, AI’s development is all the market buzz and a skillset that will set you apart from the competition in 2025.

Apart from software experts, PreSales Architects and Engineers are also in demand for these technologies. A need for people-facing and communication skills is at an extreme high, as businesses look for subject matter experts that can clearly explain complex solutions, digital transformations, or cloud migrations to their clients. 

Alan Dowdall, Practice Manager of Technology and Sales explains, “For those looking to transition into new roles, pathways from software engineering to AI and data engineering are promising, allowing candidates to harness their technical skill sets and solve new tech challenges. Alternatively, for junior and mid-level developers who have faced hiring hurdles over the past year, moving from software engineering to professional services can provide new challenges and pathways to grow interpersonal skills.”

In the Australian market, major consultancies are driving Salesforce and Servicenow solutions, reflecting a strong focus on digital transformation and automation. The upcoming implementation of SAP S4/HANA signals significant growth opportunities in automation. There are shortages in skills related to Microsoft power apps and D365, creating more demand for professionals with expertise in these areas.  LinkedIn Talent Insights reveal an increase of demand in Microsoft D365 professionals across ANZ, the United States, and the United Kingdom. 

The demand for specialised tech skills, versus generalised tech talent is also on the rise. Particularly in areas like machine learning and automation. Practice Manager, Alan Dowdall, refers to this as a “2-speed market” sharing that “specialists can enjoy multiple opportunities and increased salaries, while generalists face a slower job search.” The need for specific skills, such as experience with the Microsoft stack, Servicenow, and SAP platforms, is evident in the market, especially for big digital transformation projects, making these skills highly sought after and challenging to find.

What are the most competitive professional services IT roles right now? 

The most competitive professional services IT roles in the market right now are in software development and project management especially at Big 4 Banks, major consultancies, government agencies, and FAANG companies (Facebook, Apple, Amazon, Netflix, Google). 

Whether it’s for graduate, junior, to mid-level positions, the demand for these roles results in a high volume of applications. “In fact, for Project Manager roles, we often receive an overwhelming 400 applications within just 48 hours,” shares Alan Dowdall. Overall, highlighting the intense competition and growth in these areas.

Ready to secure top tech talent? 

Whether it’s spearheading strategic vision from a Chief Information Office or needing frontline support of a Customer Service Specialist, every professional services IT role is integral to your businesses success.  

Our More Than Money Salary Guide dives into each role and more, breaking down compensation, benefits structure, and the skills needed to be successful in these roles. 

If you’re ready to unleash your potential and lead projects to the finish-line. Talent is here to help your hiring needs. Find out how we’ve helped Professional Services organisations here or get in touch today.

The 5 most in-demand tech skills of 2024

The 5 most in-demand tech skills of 2024

Posted February 19, 2024

In a cooling market, one thing has remained hot: demand for candidates with hard-to-find skillsets. If you’re looking to put your best foot forward with employers this year, it may be time to upskill in one of these coveted competencies. Discover the top 5 in-demand tech skills for 2024 below:

1. Cybersecurity

With cyberattacks on the rise, the need for cybersecurity professionals who can shore up company systems is only growing – however, the availability of this talent is scarce. It’s estimated that there is a shortfall of 3.4 million cybersecurity candidates globally. Talent cybersecurity recruitment expert, Elliott Howard notes that “There have been supply and demand issues for cyber resources for a number of years, and the recent high-profile cyber incidents have further exacerbated this. Demand from our clients has definitely increased as they look to build up their existing cyber teams and defences.”

There are currently over two million cyberattacks recorded per year, and by 2025, these attacks are estimated to have a global cost of $10.5 trillion – a significant increase from the $3 trillion reported in 2015. With cyberattacks on the up, companies are recognising that now, more than ever, securing their systems needs to be a top priority. Talent Melbourne Managing Director, Simon Yeung, shares that “with the persistent threat of cyberattacks, businesses will invest heavily in robust cybersecurity measures to safeguard their data, systems, and customer information. This includes advanced threat detection, identity management, encryption technologies, and employee cybersecurity training.” All of this seeing the demand for cyber skillsets grow.

Uncover more about the latest in cybersecurity in our Cybersecurity Hiring Market Snapshot here.

2. Artificial Intelligence

As AI takes off, the need for talent who understand the ins and outs of this cutting-edge tech is higher than ever. Data reveals that the demand for AI skills has increased five-fold since 2015. As companies continue to adopt this technology and cybercriminals increasingly leverage AI tools to develop more sophisticated attacks, demand is only set to increase for those with competencies in machine learning, data science, natural language processing (NLP), and beyond. In fact, it’s predicted that by 2025, 97 million new AI-related roles will be created, however, the supply of talent simply isn’t there yet – in the US and UK, 51% of organisations note that they currently don’t have enough appropriately skilled employees in-house to execute their AI strategy, while 20% of this group expects it will be a challenge to recruit the right talent. Additionally, in Australia alone, it’s estimated that the country will need over 160,000 new AI professionals by 2030 to meet industry needs. Anthony Tockar, Data & AI Practice Lead at Talent’s project delivery company, Avec, notes “the convergence of GenAi and cybersecurity heralds a new era where automated attacks are not just relentless, but cunningly intelligent. As such, AI can craft threats that combine brute force with strategic acumen, demanding a proactive and sophisticated response from our cyber defences”. This response isn’t possible with the right people on board, driving significant demand for AI and cyber professionals.

Check out our More Than Money Salary Guide 2024 for more exclusive hiring market insights.

3. Data Analysis

Data is everything, so it’s no surprise that this makes the list of top skillsets for 2024. As companies increasingly leverage the power of big data to extract valuable insights about their customers alongside intel about business performance, professionals capable of analysing this information are needed more than ever – especially since it’s projected that the number of jobs requiring data science skills will grow by almost 28% by 2026.

According to Talent North America CEO, Colin Etheridge, “Cloud Security and Data Analytics opportunities have seen high demand over the past year, and are two of the most in-demand skills.” Talent Melbourne Managing Director, Simon Yeung, also notes that across 2024 “data-driven decision-making will remain a priority. Companies will invest in advanced analytics tools, big data management, and business intelligence platforms to derive actionable insights and drive strategic initiatives.” All of which meaning that opportunities for those with data skills is only on the up.

Insights from LinkedIn also reveal that the top industries seeking out and employing professionals with data skillsets are Information Technology & Services, Healthcare, Higher Education, and Financial Services. So, if you’re looking to develop your skills in this space, you can have your pick of the bunch when it comes to the sector you’re seeking to work in.

4. Cloud Computing

As companies continue to move their systems to the cloud – think the increased uptake of cloud-based systems in Higher Education to facilitate student management and digitised learning, or large Financial Services players migrating their systems to enhance the digital customer experience – the need for skilled cloud talent is on the up. Talent Sydney recruitment expert, Majella Sanders comments that “Many universities are assessing their enterprise systems including their ERP and cloud platforms, student systems and cybersecurity. As such, there is significant demand for data specialists, ERP specialists cloud platform specialists, and integration and migration specialists”.

Despite companies increasingly migrating their systems to the cloud, there’s a shortage of talent with the right skillsets – a recent survey revealed that globally, 95% of companies are facing a cloud and tech skills gap. 43% of those surveyed also cited that their company has faced challenges in remaining up to date with security and compliance due to the cloud skills shortage. If you possess cloud skills, you will continue be sought after over the next 12 months, particularly as investment in this tech only grows. Talent Melbourne Managing Director, Simon Yeung, foresees that “the migration to cloud-based services and infrastructure will continue to accelerate. Investments will focus on optimising cloud environments, enhancing scalability, and integrating multi-cloud strategies to improve flexibility and performance.”

5. Software Development

As new technologies enter the market, tech professionals skilled in back-end, front-end, and full stack development continue to be needed. In the US alone, it’s anticipated that the employment of software professionals will increase by 25% between 2022 and 2032. According to Talent Sydney recruitment expert, Alan Dowdall, “accomplished mid-level Software Engineering, Cyber, and DevOps professionals are highly sought after”, while Stefanie Mortimer, Talent Auckland recruitment expert observes that in 2024, “we’ve seen more requests for Developers, Testers and Infrastructure specialists.” As industries continue to digitise and increasingly leverage Artificial Intelligence, engage in cloud migration programs, and prioritise the security of their systems, the need for software developers with coding expertise and system know-how to execute the technical aspects of these projects is only set to grow.

So, if you’re looking to get ahead in the hiring market this year, honing your skills across these key areas will hold you in good stead.

Ready for your next opportunity in 2024? Check out our job search for hundreds of roles in tech, transformation and beyond.

Partnering with SmartRecruiters for Hiring Success

Partnering with SmartRecruiters for Hiring Success

Posted February 11, 2024

Talent Acquisition is a tough gig. In today’s competitive job market, organisations face countless challenges when it comes to attracting, hiring, and retaining top talent. From navigating complex hiring processes to selecting the right technology solutions, the demands placed on TA professionals are greater than ever before.

That’s why our advisory and embedded talent acquisition arm, Talent Solutions, has partnered with SmartRecruiters. Through this collaboration we can empower organisations to overcome hiring challenges, optimise their people processes and technology, and ultimately achieve superior hiring outcomes.

People, process, tech, and brand

At Talent, we believe in the importance of aligning people, process, technology, and brand to create a seamless and effective talent acquisition strategy. Our friends at SmartRecruiters share this philosophy.

Here’s why these four elements are so crucial when it comes to attracting the best:

  • People: Finding and retaining top talent is about more than just job postings and interviews. It’s about understanding your organization’s culture, values, and goals, and finding candidates who align with them. Without a clear understanding of your people needs, your hiring efforts may fall short.
  • Process: A streamlined hiring process is essential for attracting and engaging top candidates. If your process is cumbersome or inefficient, you risk losing qualified candidates to competitors. By optimizing your hiring process, you can ensure a positive candidate experience and increase your chances of making successful hires.
  • Tech: Technology plays a crucial role in modern talent acquisition, from applicant tracking systems to AI-powered recruitment tools. However, selecting the right technology can be daunting, and implementing it effectively is even more challenging. Without the right tech solutions in place, your hiring efforts may be hampered by inefficiency and inconsistency.
  • Brand: Your employer brand is a powerful tool for attracting top talent. It’s not just about the perks and benefits you offer; it’s about the story you tell and the values you embody as an organization. Without a strong employer brand, you may struggle to differentiate yourself from competitors and attract the best candidates.

A powerful combination

Linking people, process, technology, and brand is essential for effective talent acquisition because it ensures alignment and cohesion across all aspects of the hiring process. When these elements work together seamlessly, organizations can attract, engage, and retain top talent more effectively, ultimately driving business success.

Our partnership with SmartRecruiters means we can help organisations achieve hiring success in more ways than ever before. By combining our expertise in advisory and embedded talent acquisition with SmartRecruiters’ innovative platform, we provide clients with the tools and support they need to build winning talent acquisition strategies. Together, we’re transforming the way organisations transform TA.

Ready to transform your hiring strategy? Contact us today to learn how Talent Solutions and SmartRecruiters can help you achieve hiring success in your business.

Which industries are most affected by cyberattacks in 2024?

Which industries are most affected by cyberattacks in 2024?

Posted January 12, 2024

Cybersecurity is one of the hottest topics in company board meetings across the globe. From Energy through to Education, no industry is exempt from the discussion – protecting data and systems is crucial across all sectors and companies. We dive into the industries that are facing the highest concentration of cyberattacks, along with their main challenges when it comes to safeguarding their systems and finding top talent to lock things down. Let’s get into it:

Education & Research

With significant digital transformation occurring in the education & research sector, this has made the industry a textbook target for cyber criminals. The increased uptake of Enterprise Resource Planning (ERP) systems, cloud platforms, and e-learning systems to manage student and faculty data and enhance the student experience, has resulted in a growing need to protect this information… and the numbers paint a concerning picture.

The sector experienced 2507 attacks weekly per institution in 2023, a 15% increase since Q1 2022. As threats only grow in this space, the need for A+ cybersecurity talent will only rise. According to LinkedIn, the higher education sector has seen a 41% increase in employment of professionals skilled in cybersecurity since September 2022 and the research sector an increase of 31%. However, the education industry still isn’t appropriately equipped to handle these threats – out of 17 major industries, education ranks last when it comes to cybersecurity preparedness.

Financial Services

Cyber criminals are attempting to cash in on the wealth of valuable data held by the financial services industry. This is particularly due to the explosion of e-banking and the stores of customer information these companies manage. The global rate of ransomware attacks in the sector sat at 55% in 2022, and increased to 64% in 2023 – a significant jump from the 34% reported in 2021. With cyberattacks affecting financial services companies far and wide, the need to protect systems and customer data is more important than ever – and the sector is banking on having the right talent on their teams to close in on cybercrime.

However, with the financial services industry losing out on candidates to industries that offer more competitive remuneration such as global tech providers or cyber consultancies, securing this talent isn’t easy. Especially when the industry is already experiencing a significant candidate shortage – the finance and insurance industry in the US, for example, saw 168,000 cybersecurity job openings in 2022 with the country only having enough workers to fill 68% of open cybersecurity roles.

Over in APAC, Elliott Howard, Talent Sydney cybersecurity recruitment expert, shares that “while large enterprises such as financial service, telecommunication and consultancy organisations continue to grow their large, in-house cyber teams, we have certainly noticed an ongoing trend of cyber professionals moving from these organisations to join specialised cyber consultancy firms where remuneration is more competitive”.

Energy

With the move to renewables, growth of GreenTech, and increasing digitalisation of the energy sector, it’s no surprise that this industry is an increasing target for cybercrime. In 2022, 10.7% of global cyberattacks were experienced by the energy sector, with a cyber breach in this industry costing on average US$4.45 million in 2023.

Additionally, the International Energy Agency – an intergovernmental organisation dedicated to the research and analysis of the global energy industry – has indicated that organisations within the sector struggle to source and retain appropriate cybersecurity professionals to defend their companies against risk. Research by the agency also highlights that cyberattacks are the catalyst for spikes in demand for cybersecurity professionals, indicating a lack of long-term cyber strategy across the sector. However, people power is an issue: the global shortage of security professionals makes sourcing this talent a tricky task.

Manufacturing

With the growth of smart manufacturing and use of cloud technologies to generate efficiencies in the manufacturing process, the industry has experienced a significant share of cyberattacks. The sector recorded a 24.8% share of global attacks in 2022 indicating the need for significant investment in the cybersecurity space to mitigate risk. As a result, it’s projected that cybersecurity investment within the manufacturing sector will reach US$29.85 billion by 2027, with a strong investment needed in security professionals who can assemble strong system defences.

Retail

Cyber criminals are bringing new meaning to the term ‘click and collect’. Between 2021 and 2022, ransomware attacks increased by a significant 75% in the retail industry, emphasising just how much this sector can’t afford to ‘check out’ when it comes to cybercrime. Handling stores of customer data, overseeing Cloud POS systems, and managing the supply chain, retail companies need to be prioritising cybersecurity to protect this endless aisle of sensitive customer and supplier information. However, research has revealed that this is on the backburner for most; only 22% of retail companies are currently training their employees in cybersecurity.

71% of retail IT and business leaders have also noted concern about the size of their digital attack surface. Taking stock of threats in the industry – where credit card skimming and ransomware is rife in this sector – the need for skilled cyber professionals is stronger than ever. Yet, as is clear across all industries, it’s a classic issue of supply and demand – there simply aren’t enough cybersecurity professionals to protect against the growing threats thrown the retail industry’s way.

Healthcare

With a shift to digital and e-health – think telehealth appointments, wearable technology, and electronic health records – the healthcare industry is not immune to the cyberattacks and viruses plaguing industries across the globe.

Research has revealed that in 2022, healthcare organisations experienced 1,426 attacks weekly – a 60% increase since 2021. Q3 of 2022 also saw 1 in 42 healthcare organisations experiencing a ransomware attack. Nathan Crawford-Condie, Client Services Manager at Avec, Talent’s project delivery company, comments that “the number of ransomware threats are growing exponentially, and healthcare is over-represented in breaches, so is highlighted as an easy target for criminals. In a world where the likelihood of being a victim of cybercrime has moved from if to when, healthcare leads the pack.”

Investment in cybersecurity, however, isn’t sufficient to develop a strong defence against attack. A 2022 survey by the Healthcare Information and Management Systems Society revealed that US healthcare organisations are spending 6% or less of their IT budget on cybersecurity and that finding the right people to place on the frontline is a tough ask. Sourcing top cybersecurity talent is a challenge due to limited budgets, a lack of qualified candidates, and an inability to offer competitive remuneration.

Government

With the rise of state-sponsored threat actors driven by political, financial, and military aims, Government departments are more alert than ever when it comes to securing their systems and data from attack. Research has highlighted that cyberattacks in this sector increased by 95% in the second half of 2022 compared to the year before. However, the industry is struggling to develop a strong defence without the right people on board. Insights from the US have revealed that there is a shortage of 36,000 public sector cybersecurity jobs across federal, state, and local government. Without qualified candidates protecting against everything from spyware to malware, global governments are at risk of data breaches that could have far-reaching implications.

Are you ready to lock down your systems and are on the search for top cybersecurity talent to help you do this? Working with clients in Government through to banking, we can help you find the right people to keep your systems secure. Learn more here.

The power of TA data: A strategic guide for business leaders

The power of TA data: A strategic guide for business leaders

Posted January 4, 2024

In the dynamic landscape of leadership, steering your company towards success takes more than just vision—it demands a deep understanding of the intricacies within your organisation. So, how can you gain a strong grasp on what’s happening within the talent acquisition (TA) function and ultimately ensure you positively shape how the broader business values this critical function?

At Talent, we’ve honed a secret sauce of key metrics designed to empower leaders with the insights needed to keep their finger on the pulse of talent acquisition and, consequently, drive the right hiring outcomes. Here, we focus on one metric that punches above its weight for impact—the ratio between interviews to offer.

The metric that matters: Interviews to offer ratio

Consider this: How many interviews does it take to extend one offer? This seemingly simple metric provides great insight into the quality of candidates in your pipeline, the effectiveness of your assessment methods, and the prowess of your interviewers. If you’re seeing a high volume of interviews relative to offers, you should dig deeper to understand reasons for the low conversion rate, and shed light on potential issues such as lacking interviewer capability, misaligned core role competencies, or deficiencies in candidate assessment.

This ratio is like having a diagnostic tool for your hiring process. If you find there’s a high volume of interviews happening across your departments but offers are scarce, it’s time to roll up your sleeves and investigate. This discrepancy could be indicative of inefficiencies in your process that, if left unaddressed, could impact your ability to attract and secure top-tier talent.

Problem-solving through data analysis: Where are candidates getting stuck?

Picture this: your candidates are progressing smoothly from an initial phone screen with your TA Team to a Hiring Leader interview but encounter roadblocks thereafter. This is a common challenge for many of our clients. One we often set about solving in the early stages of an engagement. The solution lies in using data to problem solve.
What you can do to solve this: enlist your TA team to actively participate in interviews with hiring leaders for roles that have roadblocks. This hands-on approach will provide you with insights into what transpires during interviews and enable your team to identify and solve problems effectively.

As a leader, consider taking a proactive role in this process. Sit in on interviews, observe the dynamics, and engage with your team to understand the root causes of these bottlenecks. It could be that a realignment of the hiring team—comprising the hiring leader, interviewers, and recruiters—is in order. Clarify the expectations and criteria for candidate success, ensuring everyone is on the same page. Define the top five key role competencies and ensure your interview guides actively assess these skills.

Elevating interviewer capability: The human element

Beyond the mechanics of the process, consider the human element in your hiring strategy. Assess the engagement levels of your interviewers—how effectively are they pitching the role and the employee value proposition (EVP)? Put yourself in the shoes of a candidate and ask, “Would I be enticed to join this company based on their interview?” The answer to this question holds significant weight.

Investing in interview training can pay substantial dividends. Ensure your team is equipped not just with technical know-how but also with the art of conveying your company’s culture, values, and opportunities. How engaging are your interviewers? Do they effectively communicate the unique aspects that make your organisation an appealing workplace? Remember, the interview is not just a one-way assessment; it’s also an opportunity to showcase your company and attract top talent.

Beyond ratios: Comprehensive metrics for success

While the interviews-to-offer ratio is a cornerstone metric, it’s essential to cast a wider net when evaluating the health of your talent acquisition function. Consider metrics such as time-to-fill and time-to-hire—understanding the efficiency of your process at each stage. Track the source of your hires to optimise recruitment strategies. Dive into candidate experience feedback to refine your approach and enhance your employer brand.

It’s also a good idea to delve into diversity metrics to ensure an inclusive recruitment strategy, and monitor retention rates to gauge the long-term success of your hires. Assess the cost per hire to optimise your recruitment budget effectively. Finally, measure the quality of your hires by evaluating their performance and impact on the organisation.

Key to success: The strategic imperative of TA data

In a business landscape where talent is the differentiator, harnessing the power of TA data is not just a strategy; it’s imperative for success. These metrics provide you a compass for navigating the complexities of talent acquisition. By understanding and acting upon these insights, you not only optimise your hiring processes but also elevate the value and impact of the TA function within your organisation.

As a leader, your ability to leverage TA data is not just about recruitment; it’s about shaping the trajectory of your business by attracting, retaining, and nurturing the right talent. So, dive into the data, decode the metrics, and let the insights pave the way for a talent strategy that propels your organisation towards enduring success.

Ready to optimise your hiring process and bring the best on board? Learn how we can help.

Employee trends and priorities in 2024

Employee trends and priorities in 2024

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2023 was a tumultuous year across the globe for our economies, employees, and employers alike. Employment trends have come thick and fast throughout 2023 and as we return from our end-of-year breaks refreshed and hopeful in achieving our resolutions for the year ahead, let’s take a look at some of the themes that have filled our feeds and some key considerations for 2024 in the pursuit of skilled talent.

Minimum Mondays

Some suggest this is employees’ response to the Sunday Scaries and a way of easing into the week by focusing on less complex tasks, whilst other suggest it’s a wellbeing technique used by employees to lower stress and reduce pressure.

Quiet Quitting

A report recently published by Gallup suggested that 67 % of ANZ employees were, “quiet quitting”. This doesn’t necessarily mean they intend to quit, but that they felt less engaged or somewhat disconnected to the organisational purpose and overall strategy.

Return to Office Mandates

It started slowly with a few articles about the possibility of returning to the office, then gathered speed, which led to some of Australia’s largest employers mandating a return to the office. Some mandated a percentage of time, others a number of days …. Needless to say, cue the coffee badging – see below…

Coffee Badging

On first glance, this sounded a bit like the old school notion of presenteeism whereby employees showed up regardless because time in office or face time was valued. However, on closer inspection, “Coffee Badging” is a direct response to the more recent RTO (return to office) mandates from some employers, whereby employees come to the office, grab a coffee, make their presence known and then head off to a more suitable working environment for the work they need to do that day – typically, home.

Rage Applying

This trend, like many, sprung up via TikTok in 2023 amongst Gen Z and Millennial employees in response to workplace frustrations – some report being passed over for promotion, some not receiving an expected bonus among other reasons. Whilst it may feel like you’re taking back control at the time, take a moment to consider how this reaction may impact your professional reputation over time and perhaps have an open discussion with your employer to learn more as to the why.

We could keep going but you can see the pattern here, employees are feeling increasingly stressed. Interest rate rises in Australia mean increased financial pressure; we’re seeing varying degrees of employee engagement and working preferences mean employers need to adjust to keep pace with the employee and candidate market.

Candidate and employee priorities this year

Post pandemic we have seen a fundamental shift in our working world, not just because of the need to pivot how and where work was done due to COVID, but our workforce demographics have and will continue to change. By 2025, Gen Z will make up 27% of the workforce coupled with 10,000+ baby boomers reaching the age of 65 daily, and potentially moving out of the workforce. Seek’s Laws of Attraction Report highlighted the top priorities for candidates and employees today are:

  • Work-Life Balance,
  • Salary & Compensation,
  • Working Environment, and
  • Management

So, what should leaders and employers be doing right now to ensure they are speaking directly to the needs of both candidates and employees in 2024. Here are some tips as we head into 2024:

Make sure to check in

Check in with your people, in person where possible, but make it meaningful and practice active listening. Perhaps share some of your highlights / lowlights of the year and ask your team member to do the same, chat about holiday plans, what excites you for the year ahead with this team member.

Build a strong EVP

Review your EVP from the perspective of employees and candidates and ask yourself, is it grounded in reality for where your organisation is today? Does your EVP include the critical elements for the talent you want to attract and retain?

Know your audience

With four generations currently in the workforce, try to avoid a “one size fits all” approach to your EVP – because just like dress sizes “one size does not fit all”. Tailor key elements of the offering to your audience.

Promote a work-life balance

Flex your flexible working options at every stage of the employee life cycle. From job advert, to interviews and during regular employee check ins, ensuring your people feel supported as they move through life stages – think 4-day work weeks, flex hours, work from anywhere. Personalisation is critical when it comes to flexibility, so don’t be afraid to ask your people what works for them.

Consider compensation and benefits

Transparency is key. We know it’s not only about the about the salary, so consider benefits such as wellbeing allowance, all leave related allowances including additional purchased leave, salary sacrificing, novated leasing, parental leave. Benefits can significantly increase employee engagement and ease the financial strain for all.

Lead with empathy

Leaders who can lead with empathy will be one of any organisation’s superpowers as we continue to face a constantly changing environment. Employees today place significant importance on the ability to express themselves openly, embracing differences, and sharing thoughts, feelings, and emotions. It’s essential leaders have the right training and support to express empathy, foster open communication and demonstrate awareness for employees’ emotional and mental wellbeing.

2024 is set to be another year of volatility and uncertainty, so stay tuned for some of the next workplace shifts set to impact your people in 2024 (gender pay gaps, increased AI in the workplace, skills-based hiring, etc.).

Ready to build world-class teams in 2024? Learn how we can help.

What does Talent’s data tell us about contractor hiring trends?

What does Talent’s data tell us about contractor hiring trends?

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Over the past 12 months, Talent has filled many thousands of roles across different industries, providing us with a valuable window into the professional contract recruitment market.

According to our hiring data, the transportation and logistics industry appears to be the most resilient in the face of the economic woes that have struck many other sectors over the last 12 months. This is based on the comparatively strong contractor hiring that has taken place; with contractor placements in 2023 climbing 2% higher than 2022. The combined energy, resources and utilities industry also remained fairly solid in comparison to others, with only a comparatively small 7% reduction year-on-year. Its likely continued investment in renewables projects and the burgeoning ‘green tech’ revolution sustaining the need for an injection of specialist skills prevented a bigger slide in demand.

Somewhat unsurprisingly, several publicised contractor layoffs and hiring freezes across both federal and state government departments and agencies are reflected – with declines of 16% – but it wasn’t the worst hit sector.

By comparison, financial services and consulting sectors have seen the sharpest declines in their demand for contractors year-on-year – more than 25% in each sector. This is possibly a reflection of the economic markets as well as heightened scrutiny on the use of consulting firms drying up pipelines of work, especially across the public sector. Recruitment demand for permanent consulting industry workers was also down on 2022’s figures.

One metric which has climbed year-on-year is average contractor pay rates. Across the board, rates are up an average of 4.1%. The categories which outperformed the average most noticeably were Administration (up 12.9%), Sales and Account Management (up 8.2%) and IT Support (up 8.1%).

Data, Reporting & Business Intelligence was up 4.7% compared to 2022 and also recorded the second-highest annualised income of $246,073. The highest annualised income was attributed to Cyber Security which, although pay rates stayed flat, still saw averages of $276,236 per annum.

The largest decline in contractor rates was within the broad finance category, which was down 2.2% in 2023 compared to last year.

If you’d like to delve further into your industry’s trends, tackle a critical hiring challenge together or even discuss the role of top contractor talent in your people strategy, please get in touch with our Head of Enterprise Solutions, Cameron Robinson.

How to get your permanent hiring right

How to get your permanent hiring right

Posted November 19, 2023

In today’s shifting market landscape – where an economic downturn is driving greater hiring caution, yet the competition for top tech talent remains fierce – how are you carving a niche for yourself?

Companies are constantly evolving to improve efficiency and productivity; however, this can’t be done without the right people on board. Permanent employees can help expand business and provide a wealth of benefits, so what can you do to attract the best of the best? Let’s get into it – but first, how can your people help drive success?

They can improve your company culture

Permanent hires play a pivotal role in shaping and strengthening your company culture. Having long-term employees committed to your organisation are proven to strengthen teams, reduce turnover, and add a sense of belonging.

Permanent employees can help bring your culture to life as they learn and grow through your company values and traditions. They also have the opportunity to bring their own thoughts, experiences and perspectives to your teams, fostering a diverse work environment. In a workplace where employees feel valued and respected, they can become advocates, enhancing company culture for the better.

Permanent employees are also more likely to engage in mentorship and knowledge-sharing programs, a medium that can foster more meaningful relationships between employees and improve overall workplace culture.  Through committing to personal and professional development, helping the growth of their colleagues, and perpetuating a culture of continuous learning, they can help create a dynamic work environment that attracts and retains top talent.

Permanent hires are the cornerstone of a thriving company culture. Their commitment, action through values, and knowledge-sharing only expands a business further. Whether you’re a startup, scale-up, or enterprise organisation, don’t forget that company culture can make or break your next hire.

They can develop knowledge that knows no bounds

The longer an employee is with your organisation, the stronger their understanding of your company, and the more technical knowledge they can develop, which all helps to drive business innovation. This can reaffirm existing technologies, enhance productivity, and create new solutions to drive success.

However, it’s not just knowledge picked up on the job that can make your permanent employees one of your biggest assets; offering continuous learning and development opportunities can also enhance business performance.

A 2023 Talent survey of over 500 tech candidates revealed that the opportunity for career progression and development matters to 48% of these professionals when looking for a job. By providing meaningful opportunities for growth, you can cultivate a culture of ongoing self-improvement and development, empowering your people to reach their full potential. By offering training, mentorship, and professional development, you are investing in your permanent employees’ skills and knowledge, ensuring they remain valuable assets as the company evolves.

The more learning potential given to employees, the better the business outcome, and the longer they can positively impact your business strategy. Want to find out how we can help you find the perfect team member to grow with your organisation? Check out our permanent recruitment services.

They can enhance your company niche

Permanent employees can enhance your company niche. The longer employees stay and grow with your business, the more it allows for them to truly understand your organisation and the unique language it speaks, helping you get key projects over the line and deliver results.

Plus, the lengthier the tenure of your perm team members, the stronger the relationship they can build with your customers to deliver long-term business success. Not only does this improve customer satisfaction, but it will also drive results that will bring your business to the next level, even in a market downturn.

Developing a deep expertise of the niche market is another added bonus that tenured employees can bring to the table. Permanent employees have the time and capacity to understand your differentiation against competitors. This allows them to specialise in customer relationships, market trends, and develop ways to continue gaining a competitive advantage.

Ultimately, hiring permanent employees will make you stand out from the competition as your company niche becomes stronger in the market. There are wins all around.

How you can attract and retain top permanent talent

Ready to build high-performing teams to help your business achieve long-term success? Here are our top tips for bringing permanent tech talent on board (and keeping them with you for the long haul):

  • Offer continuous employee growth opportunities
    • Candidates are seeking growth opportunities. So much so that almost 50% of tech professionals cite this as their most important consideration when looking for a job. Provide mentorship and training to your people and they’ll stick by your side for the long run – plus, employees who are happy in the workplace are 13% more productive than those who aren’t, meaning employee satisfaction can directly help your company. Armed with stronger business knowledge, fresh technical skills, and a productive mindset, your permanent employees can take your business to new heights.
  • Provide flexibility
    • If you want top talent on your teams, you need to consider the flexibility you’re offering your people. A 2023 global Talent LinkedIn poll revealed 95% of respondents preferred either a fully remote or hybrid model of working; 37% of 1,500 tech professionals even revealed they would take a 10% pay cut to work remotely.
  • Ensure a smooth onboarding process
    • Retaining top talent is crucial for any company’s success, and a seamless onboarding process is the first step in engaging new hires and setting up high-performing teams. A well-structured onboarding program not only introduces new employees to the company’s culture and values, but also equips them with the necessary skills and knowledge to succeed in their roles. This approach ensures that new hires feel welcomed, supported, and confident from the start, fostering a sense of belonging to your organisation. Once demand increases, your permanent employees will be ready to roll-out high-quality work.
  • Consider your ESG strategy
    • In our Talent Sustainability: Awareness to Action Report, both tech candidates and employers ranked DE&I (diversity, equity and inclusion), and staff engagement and retention as their top two business priorities. 59% of candidates also expressed that a company’s commitment to environmental sustainability influences their decision to accept a job offer. Candidates are seeking a sense of inclusion and engagement, as well as a company commitment to sustainability when selecting an employer to work for. Deliver on what your people want in this space, and you’ll be able to attract (and retain) top permanent talent.

Permanent hires can take your business to new heights despite market downturns. Want to build and retain high-performing teams that will improve culture, enhance your company niche, and achieve long-term success? Learn how we can help you with all your permanent hiring needs.

Contractor Feedback Survey Competition Winner

Contractor Feedback Survey Competition Winner

Posted November 1, 2023

At Talent, our vision is to empower people to build a better world of work for all. That means providing the most rewarding and empowering experiences for our contractors.

Through completing a feedback survey on their experience with Talent, contractors had the option to enter the draw to win a prize valued at $100. The winner had a choice between:

  • A Visa gift card
  • A donation to their charity of choice

Congratulations to our winner Peter B.

Cashing in on expertise in financial services: Important skills to look for when hiring tech professionals

Cashing in on expertise in financial services: Important skills to look for when hiring tech professionals

Posted October 30, 2023

We likely don’t need to tell you that the tech hiring market is competitive. But hiring people is one thing; hiring the right people is another — especially when it comes to tech roles.

Here are the top tech skills every applicant should have before you consider them for your financial services team.

What are the right tech skills, anyway?

According to market trends and our experts’ opinions, the top tech skills for 2023 are:

Cybersecurity

The global average cost of a data breach is $4.35 million and up to $9.44 million in the United States. Unfortunately, even as threats become more sophisticated, tech roles get harder to fill. Globally, there’s a cybersecurity workforce gap of 3.4 million people — a number that has more than doubled since 2019. This indicates that the problem is not necessarily with hiring itself, but with finding people who have the appropriate experience and expertise. Unfortunately, this small talent pool means that you’ll be competing with a host of other industries, not just your peers in financial services.

How to hire for this skill: Look for applicants who have a proven track record of securing physical and digital environments similar to yours. Degrees can be a helpful indicator of experience, but base your decision on cybersecurity-adjacent skills, too. Perhaps most importantly, create a competitive, tech-forward environment where top cybersecurity professionals will feel both valued and challenged.

Data Analysis

Data holds a wealth of insights, but only the right tech expert can unlock them. By 2026, the U.S. alone expects a growth rate of about 28% in the number of data science jobs; industries and individual businesses across the world are seeing similar patterns. However, many U.K. organisations in finance and other industries plan to spend no more than £10,000 on recruitment, learning and development for data analysis.

The problem is that most of these jobs are comparatively new, which means finding experienced professionals can be tough.

To further complicate matters, data analytics job seekers in the financial sphere must demonstrate a comprehensive understanding of:

  • Metrics used in financial services.
  • Associated processes (such as risk management).
  • Workflows, systems, and software used to gather data and extract actionable insights.

How to hire for this skill: Instead of focusing on experience, look for related skills, programs, and promise. Be willing to develop talent through a more extended pipeline; draw up-and-coming data scientists to the financial field by promising to support their growth, thus encouraging them to apply with you instead of at tech companies or other competitors.

Programming

Python, a high-level programming language, should be at the top of your tech applicants’ skills list.

Unfortunately, only 20% of Gen Z survey respondents felt they had “advanced” digital abilities in coding — which means this is yet another shortage of skills, not necessarily of applicants.

How to hire for this skill: Ask questions to determine how confident an applicant is in their coding and programming literacy; if a gap exists, present your financial services organisation as an opportunity to learn, grow and become better. Offer a tech-forward environment that strengthens existing digital literacy while building new skills.

Cloud Product Expertise

Cloud products such as Microsoft Azure and Amazon Web Services (AWS) are quickly becoming mission-critical in the financial services industry. Competition for talent in this area is more noteworthy, with almost one-third of U.K. organisations planning to spend up to or more than £20,000 on recruitment for cloud solutions.

How to hire for this skill: Look for applicants who list these platforms by name or otherwise indicate expertise in managing, utilising, and securing cloud environments. Explain your needs clearly and emphasise how the applicant’s cloud expertise would be put to good use in the financial services industry, presenting both challenges and opportunities to further their career.

How to find candidates that check all your boxes

When faced with a competitive tech hiring environment, financial services companies may feel as though they can’t be picky about skills. As the old saying goes, ‘Beggars can’t be choosers.’

The reality, however, is that tech professionals with the right skills do exist. To find these candidates and make them part of your team, try leveraging the following tips:

#1: Have a compelling employee value proposition (EVP): Remember that you’re competing with organisations from many other industries, not just financial services. Position your EVP to show skilled tech applicants that their careers will go further with you — and that their talents, expertise and experience will be highly valued.

#2: Build a strong employer brand: An employer brand clarifies your mission, personality, and culture. This helps attract applicants who want to put their top tech skills to good use in a company that supports its employees and clients.

#3: Deliver top benefits: Tech workers, especially those with in-demand skills, want growth opportunities, flexibility, supportive company culture and the ongoing chance to develop personally and professionally. Add these to your list of benefits alongside time off, health care or work-from-home options to stand out from the competition.

Build your tech dream team today

Don’t lower your standards to adapt to a competitive hiring environment. Show top tech professionals that you know what you’re looking for and value the key skills they bring to the team. Just be sure to understand your priorities and plan for the future of the financial services industry.

Ready to find the right candidates with the right skills? Learn more about how we can help.