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Workforce Trends Predicted for the Future

The Consumer Technology Association (CTA)™ surveyed tech industry leaders on current and future workforce issues, uncovering a prominent need to strategically recruit and retain a technically skilled workforce.

Workforce Trends Predicted for the Future

Highlights from the report:

  • 74% find it difficult to find candidates with the right skills and abilities
  • Of the most common tech skills, most respondents believe software development (59%), data analytics (53%), engineering (49%), and AI/machine learning (46%) are in highest demand at their company
  • The top three tools and strategies used to recruit new talent are internships (58%), advertising on social media (56%), and online job portals (54%)
  • The majority of respondents say the top training and development programs their companies currently offer include conference and event opportunities (69%), and internal training classes (58%)
  • 37% of respondents anticipate their company will displace workers due to technological advances such as computer software applications, artificial intelligence, and/or robotics in the next five years; of those, 52% plan to reskill and retain workers 
  • 75% say their company currently employs contract workers 
  • 92% of respondents say they will need more employees with technical skills and 66% agree they will hire more employees to work remotely, and will conduct more job interviews remotely (64%) 
  • 60% say most or some job functions will be automated in the next five years, while only 10% of respondents say no job functions will be automated
  • Respondents believe that traditional non-salary benefits such as health insurance (91%), incentive compensation or bonuses (88%), paid time off (87%), and flexible work arrangements (86%) will be the most important benefits in retaining employees
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