Attracting talent a major issue for emerging tech CEOs, report finds

August 25, 2011

A new PwC report observes that Canadian emerging technology CEOs are finding it difficult to add new qualified personnel to their payroll. According to the report, 44% of CEOs cited recruiting new talent and management team members as their biggest hiring issue, while 72% say they either do not have a talent management strategy in place or are not sure if their existing strategy is effective. Noting a skills gap in what graduates are learning in PSE and what firms are now requesting in employees, the director of advancement at the University of Waterloo's Stratford campus says changes need to happen at the university level to ensure graduates have the skills technology companies seek. She also stresses the importance of co-op education throughout the university experience. "Employers want new hires to come in and hit the ground running, which is difficult to do if you don't have the practical experience," the director of advancement says. "The more experience you get before graduating, the better." PwC News Release | Read the report