More than 40% of Tech City companies say a shortage of skilled workers is the biggest challenge they face, with three quarters blaming the employee shortfall for restricting growth.
Research firm GFK interviewed 141 founders, chief executives, managing directors and chief operating officers of Tech City-based companies during March and April this year and also found a third believed a lack of access to capital is hindering their businesses.
Others have criticised the Government’s involvement in east London’s Tech City, claiming an emphasis on building public relations as opposed to helping develop the area’s infrastructure.
The report claims: “There are mixed feelings about the effectiveness of Government support. While some initiatives have gained widespread support, others have been criticised for an emphasis on what some perceive as PR as opposed to helping develop Tech City’s infrastructure.”
Chosen excerpts by Job Market Monitor
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On Sunday, Scott Kirsner’s Boston Globe column raised the issue of age discrimination and startups, collecting a laundry list of reasons why many young, innovative companies are subtly (or not so subtly) biased against older workers. He concludes: Ten years ago, if there was a bias evident in the Boston start-up scene, it tilted toward companies run … Continue reading »
Staffing a startup is an art. And while you’ll find dozens of different theories on right-fit hiring in the blogs, books and podcasts of seasoned HR reps and startup founders, there are two words you’re mostly like to find in all of them: culture and drive. It seems intuitive, right? Only hire clever, execution-oriented employees … Continue reading »
How does a newly formed nonprofit organization tasked with helping entrepreneurs across America effectively serve startups that are in different places, in different industries and with wildly different needs? Region by region. This is the central lesson found in “The Start Uprising,” a white paper released today by the Ewing Marion Kauffman Foundation that examines … Continue reading »
What is one common issue that you have faced with startup hires and how have you rectified the situation? Ten entrepreneurs weigh in: 1. Can’t adapt to startup style 2. How much are you really worth? 3. Alignment adjustment necessary 4. Can you think for yourself? 5. Uncommitted candidates 6. Adopting the startup structure 7. … Continue reading »