Tech Firms in Japan Are Scouring for Talent Amid Labor Shortage
- 75% of tech employers faced competitive recruiting in 2023
- Foreign workers and wage boosts are key solutions to shortage
This article is for subscribers only.
Japan is facing a stark shortage of skilled human resources in the technology sector, even as it seeks to digitalize its economy and kickstart its lagging semiconductor industry.
Three quarters of technology hiring managers in Japan found recruitment to be “very” or “quite” competitive last year, with a shortage of skilled candidates being the top reason, according to new research by recruiting firm Morgan McKinley. The trend is prevalent across industries as well, the report found, with 90% of the organizations surveyed also facing competitive hiring.