However, cybersecurity is just one example of an IT sector that’s struggling with a shortage of skilled talent. ICT, Electronics and Telecommunications are currently listed on Immigration New Zealand’s long-term skill shortage list.
There are 23 occupations on the list, including Architects, ICT Project Managers, Business Analysts, Developers, and Software Engineers. These are all high-paying roles, with the latest Seek data showing ICT roles as having the highest growth in salary nationwide Seek Highest Paying Roles.
The shortage of skilled staff, plus high demand, means that employers are struggling to source and retain talent in this competitive market. Good people are being poached by other companies as employers struggle to offer more money, promotions, or development opportunities that would entice them to stay.
Employers that can afford to – traditionally the big IT companies – are also increasing their average pay to retain their pool of skilled staff and make vacancies more attractive to prospective employees. This is making it even more difficult for small-medium companies to compete.
While some candidates are open to changing jobs and leaving for new opportunities, some employees are unwilling to change roles and look for new opportunities. According to a survey conducted by Trade Me Jobs of 1,400 Kiwis, just 17% said they were looking to move roles in the next 12 months.
This tells us that job security is important for Kiwis amidst the continued global uncertainty, which is perfectly understandable. However, it doesn’t help those trying to fill specialised IT roles in their company.