“The demand for high-tech employees in Israel grew by 8% from July 2018 to July 2019, to an estimated 18,500 open tech positions in the industry. At the same time, there has been an increase in the number of entry-level tech workers, recruited from universities and colleges, but also from alternative training programs such as tech boot camps.
However, there are various indications showing the growth in demand is outpacing the growth of inflow of new recruits, and as a result, the high-tech industry is continuing to experience a shortage of skilled tech employees.
Possible solutions to the shortage of skilled human capital for the industry include the integration of underrepresented populations into the high-tech workforce, which could also strengthen Israel’s economy and social fabric in the long run.”
The key to solving the employee shortage is to increase the supply of employees, first and foremost by training more technology workers. One of the most promising avenues for integration at the junior level is for students to start working in high tech while they are still in school. Start-Up Nation Central data shows that 58% of these high-tech students are hired by the same company upon graduation.
Source : StartUp Nation Central Report, 2020