04.4 Competing For & Compensating Talent There is talent in Europe but it’s in demand, especially when it comes to people who have been there and done it already. “ The biggest challenge is finding high-quality talent. There is talent in Europe but it’s in demand, especially when it comes to people who have been there and done it already. This is a younger ecosystem than Silicon Valley and it’s not easy to hire people who have been able to implement, say, groundbreaking new AI techniques that scale a B2C solution so it can conquer the world - they are in short supply! So you have to always look not only for people who will help you now, but also Tugce Bulut for those who will be what you need in several months’ time.” Streetbees The extent to which it has become harder to fill software engineer job postings in Europe The extent to which it has become harder to ïll software engineer job postings in Europe varies at the country varies at the country level. The UK has, by some margin, experienced the largest overall level. The UK has, by some margin, experienced the largest overall increase in the share of jobs that have become increase in the share of jobs that have become hard to fill. hard to ïll. Change in % of software engineer job UK 42.1% postings that are hard to ïll, 2018 versus 2017 Portugal 31.7% LEGEND YoY change (%) France 31.1% Austria 28.3% Italy 28.1% Spain 23.7% Belgium 22.7% Ireland 16.6% Germany 11.2% Netherlands 9.4% Sweden 6.8% Denmark -9.6% -20.0 -10.0 0.0 10.0 20.0 30.0 40.0 % change from 2017 to 2018 in % of software engineer job postings that are hard to ïll Note: % change in % of software engineer jobs that are hard to ïll in 2018 versus 2017 by country. Hard to ïll is deïned as % of Source: 'software engineer' job postings on the Indeed site(s) for more than 60 days. & 58 In Partnership with www.thestateofeuropeantech.com