For tech-led organisations or indeed any organisation which is challenged with growing their in-house tech teams, the competitive landscape within this specialised sector has been apparent for some time. Many have referred to it as the "war for talent." This recent article published by HRreview contains some interesting statistics and once again reinforces the need to ensure that your mobility programme is fit for purpose, and robust enough to attract and retain the tech leaders of tomorrow. The Plus Relocation door is always open for any mobility leader who'd like to discuss how we've advised many of the world's leading organisations on this very topic.
In recent years, successive British governments have prioritised growing the tech industry as a way to ensure that the UK economy can thrive in an increasingly digital world; and those results have paid off. According to recent statistics, the UK’s thriving digital industry is now worth £161bn to the economy and supports more than 1.5m jobs. What’s more, the UK has the largest digital economy as a percentage of GDP in the G20, with expected growth of 15% next year. That said, this position is far from guaranteed. Brexit, the uncertainty around freedom of movement, and the growing appeal of other global tech hubs in Europe, the US and Asia have called into question whether the UK is well-positioned to fill the 750,000 new digital jobs that will open by 2020 and ultimately stay competitive in the global tech economy.