Why Demand for Tech Talent Is So High

Businesses across industries are grappling with a rapidly evolving landscape. The rise of Industry 4.0, advancements in AI, cloud computing, and digital innovation have fundamentally transformed how companies operate. For leaders navigating these changes, the ability to find and secure top tech talent has become a pressing priority—and a significant hurdle.

Why It’s Harder Than Ever to Hire Top Tech Talent

The tech industry isn’t cooling off anytime soon. Over 165,000 new job openings in tech were posted just last month, with active listings exceeding 434,000. Companies are racing to hire software engineers, cloud architects, cybersecurity experts, and AI specialists to support their digital ambitions. The surge of job creation has left many employers struggling to fill key positions fast enough.

Recruitment cycles for these roles have become longer and more expensive. Filling highly specialized roles can now take up to twice as long as hiring for general business functions. Meanwhile, candidates with the right skills—particularly those with expertise in emerging fields—receive an overwhelming volume of offers. Some report being contacted by recruiters upwards of 30 times a day.

In an annual CIO Survey by KPMG, over 3,000 tech leaders shared their frustration and “an astonishing 65% said that hiring challenges are hurting the industry.”

What’s driving this? Technology has become an inseparable part of every business strategy. Companies that fail to secure the right talent risk falling behind their competitors, unable to keep up with the fast pace of innovation. However, traditional methods like job boards are no longer effective for attracting the best talent.

Why Traditional Recruitment Isn’t Working

The days when a LinkedIn post would attract a flood of qualified applicants are over. Job seekers, particularly those in tech, expect more. Top candidates aren’t simply chasing job titles or salaries—they want to be part of organizations that offer meaningful opportunities for growth, innovation, and collaboration.

Speaking to those highly skilled tech candidates, however, requires knowledge of the demands of the job. And often those job descriptions are poorly interpreted by recruiters with little tech know-how. Listings filled with buzzwords and vague qualifications often miss the mark, particularly when recruiters lack the technical knowledge to accurately communicate job requirements. 

To break through the noise, businesses must rethink how they engage candidates. It’s not just about listing benefits or job duties; it’s about connecting with tech professionals on their terms—highlighting real challenges they’ll solve, the impact they’ll have, and the growth paths available.

They want you to speak their language — and speak to their employment needs, too.

“Every company is a technology company”

Industry research from Deloitte and CompTIA shows that 83% of business leaders rank access to tech talent as a critical or very important priority in their strategic plans. Many companies are taking aggressive action—investing in training programs, partnering with specialized talent platforms, and developing more compelling employee value propositions.

“[Eighty-three] percent of executives say that talent acquisition is important or very important. Concerns about talent — especially top technology talent — have led many organizations to invest in […] building deeper talent pools.”

However, businesses without a targeted hiring strategy may find themselves caught in a cycle of costly and inefficient recruitment efforts. Every month spent searching for a machine learning engineer or cybersecurity analyst can delay product launches and expose organizations to competitive risks. In today’s hyper-connected world, even a minor setback can lead to missed opportunities.

How Esteemed.io is Changing the Game

At Esteemed.io, we’ve made it our mission to connect companies with top-tier tech talent—fast. Over the past decade, we’ve built a thriving community of over 25,000 trusted digital professionals. Unlike generic recruiting services, our approach centers on deep industry relationships, rigorous screening, and expert recommendations.

Our network is designed to make hiring smarter. Every candidate undergoes comprehensive technical evaluations, including hands-on code reviews. Our veteran team leads also assess soft skills like communication and problem-solving—essential traits for building high-performing, distributed teams. IT professionals take pride in their credentials and abilities, and they also value their peer reviews. Soft skills also play a larger role in the power of building effective distributed teams.

With Esteemed.io, you’re not just filling a role. You’re gaining access to a pool of proven talent, ready to help your organization move forward with confidence. We specialize in curating candidates who can hit the ground running and drive results from day one.

Here’s Why It Works

1. Speed to Hire: Traditional hiring processes can stretch over months for niche roles. With our pre-vetted talent network, you can significantly shorten your time-to-hire.
    
2. Expert Matching: We don’t rely on algorithms to match candidates. Every placement is overseen by industry experts who understand the nuances of technical hiring.
    
3. Ongoing Support: Finding the right candidate is just the beginning. We offer support to help companies onboard and retain talent, ensuring long-term success.
    
4. Community of Trust: Our community is built on personal referrals. When top tech professionals recommend their peers, you get access to talent that is already proven and trusted.

Time to Get Ahead

2024 is shaping up to be another year of rapid digital transformation. Companies that secure top tech talent early will have a competitive edge in innovation, agility, and market leadership. If you’re ready to streamline your hiring process and tap into a network of experienced professionals, Esteemed.io can help.