TheInformation and Communications Technology Council (ICTC) estimates that by 2023, Canada will need at least 218,000 highly skilled professionals to work in information technology.
According to another survey conducted by the National Computer Science and Engineering Research Council(NSERC) in 2018, approximately 70% of Canadian IT employers report difficulty filling job openings.
Canadian companies are at a crossroads: to remain competitive, they must embrace the digital world. In a context of labour shortage, this transition will not be without challenges... and strategies!
In order to adapt to the future, let's first try to understand the reasons for the labour shortage in Canada in 2023.
Canada's Labour Shortage: The Rapid Growth of the Industry
The information technology industry is experiencing explosive growth, offering employers an ever-expanding array of revolutionary tools and technology. However, finding the skilled talent required to exploit these technologies is often an insurmountable challenge: one of the primary reasons for Canada's labour shortage in 2023.
Canada's Labour Shortage: The Competition for Talent
The IT job market is very dynamic and competitive. Indeed, IT skills are in demand all over the world which creates a strong demand to find a talent ready to join his company or work remotely.
Employers face this competition by making lucrative offers in order to acquire the best workforce available in the market.
In addition, certain particularly specialized skills require much more than a few ads because they can be difficult to find among qualified candidates
The aging of the workforce
The end of an era is approaching; the baby boomer generationwho had acquired a great deal of technological expertise throughout their careers, are gradually retiring.
As a result, it is now up to companies to anticipate and find sufficiently qualified talent to fill this incoming gap.
Canada's Labour Shortage: Changing Skills Needs
Companies face a climate of rapid innovation and must adapt to remain competitive. This means increasingly complex talent demands, which employers may struggle to meet with available talent
Barriers to entry for newcomers
For newcomers seeking to settle in Quebec, obtaining local skills certification can be a challenge. Despite their previous qualifications, some immigrant workers encounter difficulties in having these credentials recognized and validated by the Quebec government.
To meet the growing demand for technology, innovative initiatives have been put in place to offer skilled workers the opportunity to relocate to Canada and also to invest in the specific skills required of local employees.
The solution to the labor shortage, could be to outsource its software development projects to a specialized company that can provide the necessary skills to ensure project success and create innovative digital products.
By choosing outsourcing solutions, companies can access a wide range of skills and expertise without being limited by locally available options.
In addition, by outsourcing their custom software development projects, companies will be able to reduce their costs and development time.
Other solutions to the labor shortage exist and can be put in place today!
At Maplr, our developers are available to start your project tomorrow! Contact us to discuss your project!