A new study by the Information Technology Association of America indicates there are nearly 900,000 unfilled information technology jobs in this country. The problem is not attracting applicants but finding appropriately skilled, qualified individuals who connect with the company and its culture, according to the study. As a result, we are very selective in our hiring process. We've aggressively pursued some of the technology contractors working for us, but they prefer to stay independent. They like the flexibility to select their projects, keeping their interest level high and technology skills current.
Location can be an issue as well.
Ramsey Beirne Associates, LLC is a leading executive search firm that makes strategic investments in young, emerging technology companies and then assists them in building an effective executive team. An ownership component, through the granting of stock options, is also becoming an increasingly important element in the strategy to attract and motivate employees. The National Center for Employee Ownership estimates that more than 15 percent of the private-sector workforce in the United States own a stake in their company. That figure is expected to reach 50 percent in the next decade. A stock option plan extended to employees across the board sends an important message in regards to culture.