Tech companies are increasingly struggling to find the right talent even as the industry's need for more qualified tech workers explodes. They are finding that offering great salaries and perks does not work if there is not enough supply to meet demand.
And it's going to get much worse. In the the U.S. alone, according to federal CTO Megan Smith, there will be a shortfall of 1 million engineers trained with the necessary tech skills in the next decade.
Companies no longer believe that government will fill the talent pipeline and therefore they are slowly realizing that they need to become part of the solution. After all, their growth is at stake, if not their survival. Among many initiatives, some giant tech companies are leading the effort: Oracle recently launched a program called Design Tech High School on its campus, Google is helping minorities to get into coding and Salesforce donated $22.5 million to the Oakland, Calif., public school system to enhance the the city's science, technology, engineering and math (STEM) curriculum.
To read this article in full or to leave a comment, please click here