Skip to main content
LTTS

LTTS

Quick Links mini

  • Search
  • info@LTTS.com
  • English
  • 日本語
  • Israel
  • German
  • Contact
  • Engineering the change
  • Industry
    • Transportation
      • Aerospace
      • Automotive
      • Rail Transportation
      • Travel & Hospitality
      • Trucks & Off-Highway Vehicles
    • Industrial Products
      • Building Solutions
      • Lighting Engineering
      • Power electronics & drives
      • Renewable Energy
      • Test & Measurement
      • Power Generation & Transmission
    • Plant Engineering
      • CAPEX Project E/EPCM Services
      • Digital Engineering Services
      • Engineering Reapplication & Global Rollouts
      • Integrated Asset Management Services
      • Operational excellence
      • Plant sustenance & management
      • Regulatory compliance engineering
    • Semiconductors
      • IP Core Solutions
    • Media & Entertainment
      • Cable & Broadcasting
      • OTT
      • Rdk
      • Set-Top Boxes
      • Smart Home
    • Consumer Electronics
      • Consumer IoT
      • Enterprise Devices
      • Personal Devices
    • Healthcare
      • Healthcare Providers
      • Medical Devices
    • Telecommunications
      • 5G
      • SDN/NFV
      • Wireless Networks
      • Wireline Networks
    • Oil & Gas
      • Digitalization
      • Oil Field Equipment
      • Owners and Operators
    • Software Products
  • Services
    • Product Engineering
      • User Experience
      • Mechanical Design
        • CAE & CFD
        • CAx Automation
        • Integrated Design, Validation & Testing
      • Security
        • Security Monitoring
        • Security Solutions
        • Security Services
      • Software
        • Cloud Engineering
        • DevOps
        • Engineering Analytics
        • Immersive Experiences
        • Voice Innovations
      • Hardware
        • Embedded Systems
        • Wearables Engineering
        • Testing
        • Sustenance
      • VLSI
      • Testing & Validation
    • Manufacturing Engineering
      • PLM on Cloud
      • aspenONE on Cloud
      • Plant Design & Engineering
      • Digital Factory & Simulations
      • Line Expansion & Transfer
      • Frugal Product Design
      • Asset Care
      • Accelerated Operations
      • Manufacturing Automation
      • Agile Supply Chain
      • Content Engineering
    • Operations Engineering
      • Connected Service Support
      • Integrated Content Management
      • Intelligent Building Management
      • Sourcing & Procurement
    • Engineering Consultancy
      • Industry 4.0
      • Product Strategy
      • Security
      • Smart Factory
      • Sustainability
  • Solutions
    • FlyBoard®Advanced Digital Signage Solution
    • Connected Security Integrative Zero Trust Architecture
    • ESM Energy and Sustainability Manager
    • Cogmation Device Test Automation Framework
    • i-BEMSIntelligent Building Experience Management
    • UBIQWeise 2.0 Device to Cloud IoT Platform
    • AiKno™ Machine Learning, NLP & Vision Computing
    • Semiconductor IP For Security, Communication & Verification
    • nBOnnB-IoT Protocol Stack
    • Avertle®AI Predictive Maintenance Solution
    • ARC Asset Reliability Centre
    • CHEST-rAi™ AI Chest X-Ray Radiology Assist Suite
    • AnnotAi
    • AiCEArtificial Intelligence Clinical Evaluation
  • Insights
    • Blogs
      • 6 DevOps Trends to Watch Out for in 2023
      • A Validation Overview of ECU Communication Protocols in Automotive Audio Management
      • QOE Testing Paradigms for Media Streaming Platforms: Is Automation Your Answer
      • SIMD/SAMD: Everything You Need to Know
    • News
      • L&T Technology Services reports 21% growth and crosses the ₹300 crore mark in Net Profit in Q3FY23
      • LTTS Selected as Strategic Engineering Partner to Airbus for Advanced Capabilities and Digital Manufacturing Services
      • LTTS agrees to acquire Smart World & Communication business of L&T
      • Top global enterprises and engineers named winners of the inaugural Digital Engineering Awards
    • POV
      • Hidden Correlations Shaping the Future of European Enterprises
      • From the Super Bowl to 5G
      • Vehicle-to-Everything (V2X) Enabling Smarter, Safer, and Greener Transportation
      • Will 5G Technologies Drive a New Future for Media & Entertainment?
    • eBooks
      • The Art of Cyberwar
      • Digital Twin - The Future of Manufacturing
      • Digitalising Wind Energy Ecosystem
      • INDUSTRY 4.0: The Future Is Now
      • Digital Engineering Explained
      • Sustainability Engineering
  • Explore LTTS
    • About Us
    • Nearshore Centers
    • Testimonials
    • Events & Webinars
    • News & Media
    • Board of Directors
    • CSR
    • Accolades
    • Quality Management
    • Analysts
    • Careers
    • Investors
    • Media Kit
    • Resources
    • Alliances
    • Sustainability
  • Contact
 

Transportation

Staying Ahead of the Tech Talent War

  1. Home
  2. Blogs
  3. Industry
  4. Staying Ahead of the Tech Talent War

Staying Ahead of the Tech Talent War

Staying Ahead of the Tech Talent War
Published on: 09 Feb, 2018
0 Views
4 comments
Share This Article:
  • Twitter
  • Facebook
  • Linked in
Apprenticeship
Building Tech Pool
Engineering Talent
Engineers
Tech Talent Acquisition
Technical Talents
Transportation Industry

The modern industrial workforce is more about cognitive than manual labor. Thanks to artificial intelligence, robotics, and cognitive computing, leaders in the engineering services industry are now looking for workers who are comfortable operating in this rapidly changing technological landscape. The shifting talent requirement has however become a pain point for companies, as highly skilled and specialized workers are hard to come by.

Owing to the dearth of skilled resources in the market, engineering companies are searching for candidates from the same resource pool. Consider the situation in  the UK, where annually companies are short of about 20,000 engineers, and by 2025 the need is projected to rise up to 1.8 million. This imbalance between demand and supply has put the bargaining power back in the hands of engineers, who receive multiple job offers and can afford to not join a company even after accepting the offer.

To overcome this situation, companies are overhauling their talent on-boarding strategies right from the candidate selection stage to subsequent on-the-job training practices.

Tweaking Talent Acquisition Strategies

Earlier, executive trainees (ETs) were sourced from engineering colleges and trained from the ground up. To ensure they were fully productive, companies had to spend six months to a year on extensive training and development. It was only after this period that companies could capitalize on ETs’ skills and knowledge. Since ETs often left for better opportunities just after completing their training and receiving a job offer, companies were stuck with unfilled vacancies and delayed projects.

The conventional approach to on-boarding is now changing with the introduction of the ‘build plan’. Engineering firms are recruiting engineers with basic skills and one to two years of prior experience. These lateral hires have some technical understanding and come with a skill set that can be enhanced per customer expectations. When such engineers are familiarized with specific technologies and real-world applications, it is easier for companies to bridge their knowledge gap and deploy them into projects in about two to three months. In forward-thinking engineering companies, this has become a continuous process so that the pool of job-ready engineers can be expanded every month.

Maximizing Hire-Potential through In-House Training

A major positive of on-the-job training programs is that it equips new hires with practical knowledge that they can apply while working on projects. Engineering companies can provide customized training programs on AUTOSAR, Diagnostics DSP etc. that align recruits closely to clients’ needs. Many companies are defining their training strategies depending on their size. While establishments with over 501 employees use e-learning courses and rely on on-the-job behaviour metrics such as key performance indicators, smaller companies tend to encourage learner-facilitator interaction and live courses. To complement these programs, small in-house labs are often opened up for practical training to new hires. This maximizes learning opportunities and fuels their passion for the job.

Evidently, in-house training practices tend to make the on-boarding process simpler and shorter. Over time, managers and seniors can curate and improve their training content to educate employees and create a continuous learning culture in the company. This internal technical training environment can help employees constantly evolve their skill sets, which in turn can enable companies to reduce attrition rates.

Building the Future Tech Pool

As the engineering services industry is embracing a collaborative work environment with robots and automated systems working alongside humans, the skill-set of new recruits is also evolving. To sustainably create this tech pool, companies are partnering with universities to define the course material and train students accordingly. Apprenticeship programs, in such scenarios are enabling companies to create a more skilled tech pool by providing final year students with work experience that may lead to full-time employment. This practice has already begun in companies operating in developed nations like the UK, where 40 percent of companies are proactively involved in running engineering apprenticeships to create a more skilled local workforce.

With the talent shortage in recent years driving companies to target the same tech workforce and resort to aggressive means like poaching and M&As, it is hardly surprising that in-house training and apprenticeships are gaining traction. After all, even though the industry is evolving and increasingly turning to automation, engineers’ abilities to solve problems and work as a team haven’t changed. Employing subject matter experts and maintaining partnerships with educational institutes would thus remain the key to mold engineering talents of the future.

Authors

Shailendra Shrivastava
Shailendra Shrivastava
Global Head, Transportation

Related Blogs

Sonal Vaidya
Learning and Development must Never Stop! Be it in Virtual or Digital Mode…
13 Apr, 2020
Shailendra Shrivastava
Disrupting Aftermarket Service Delivery: The Case for Digitalization
05 Jun, 2017
Alind Saxena
Are Autonomous Cars and Consumers on the Same Road?
11 Sep, 2017
Leave a Comment
About text formats

Comments

 

User

Wow! This could be one of the most useful blogs we've ever read on this subject. Basically fantastic. I'm also a specialist on this topic, and can understand your hard work.
  • Reply
Mon, 03/26/2018 - 22:04
 

Jai Pashwan

If you are new to technology world and starting your career through technology-based system then this article helps you a lot. If you are slow to the technology-based system then you are behind all. I found this article especially helpful. Because I am a beginner and I love to know about technology.
  • Reply
Thu, 04/26/2018 - 17:12
 

Prashant Kumar

Yes
  • Reply
Sun, 06/10/2018 - 16:05
 

User

This is excellent information. Very well written! Thank you for sharing your thoughts.
  • Reply
Wed, 10/03/2018 - 09:36
View More Comments
View Less Comments
×Explore
  • Industry
  • Spotlight
  • ×
  • Automotive
  • Consumer Electronics
  • Industrial Engineering
  • Lighting & Building Solutions
  • Media & Entertainment
  • Medical Devices
  • Oil & Gas
  • Plant Engineering
  • Power Electronics
  • Renewable Energy
  • Semiconductors
  • Industrial Products
  • Transportation
  • Telecommunications
  • 5G
  • Cloud engineering
  • Cyber security
  • Embedded systems
  • Industry 4.0
  • Smart Manufacturing
  • Smart Products
  • Sustainability
  • Artificial Intelligence
  • AR/VR
  • Image Processing
  • Connected Healthcare
  • Smart Factory
  • Digital Twins
  • Building Automation
  • Autonomous Transport
  • Robotics
  • Digital Entertainment
  • Machine Learning
  • UI/UX
  • Manufacturing Automation
  • Smart Sourcing
  • Simulation
  • Software Defined Networking
  • Telehealth
  • Wearables
  • Design Thinking
  • IoT Security
  • ER&D Hackathon 2019
  • Digital Media
  • The New Normal
  • Data Mesh
  • Media
  • parent-company-logo.png
  • Need Help
  • Contact Us
  •  

Contact Us

By clicking Submit, you agree to the Privacy Policy

  • Engineering the change
  • Industry
    • Transportation
    • Industrial Products
    • Plant Engineering
    • Semiconductors
    • Media & Entertainment
    • Consumer Electronics
    • Healthcare
    • Telecommunications
    • Oil & Gas
    • Software Products
  • Services
    • Products
      • CAE & CFD
      • CAx Automation
      • Cloud Engineering
      • DevOps
      • Embedded Systems
      • Engineering Analytics
      • Immersive Experiences
      • Integrated Design, Validation & Testing
      • Security Monitoring
      • Security Solutions
      • Security Services
      • Sustenance
      • Testing
      • Testing & Validation
      • User Experience
      • VLSI
      • Voice Innovations
      • Wearables Engineering
    • Manufacturing
      • PLM on Cloud
      • aspenONE on Cloud
      • Plant Design & Engineering
      • Digital Factory & Simulations
      • Line Expansion & Transfer
      • Frugal Product Design
      • Asset Care
      • Accelerated Operations
      • Manufacturing Automation
      • Agile Supply Chain
      • Content Engineering
    • Operations
      • Connected Service Support
      • Integrated Content Management
      • Intelligent Building Management
      • Sourcing & Procurement
    • Consultancy
      • Industry 4.0
      • Product Strategy
      • Security
      • Smart Factory
      • Sustainability
  • Solutions
    • i-BEMS
    • Connected Security
    • nBOn
    • UBIQWeise 2.0
    • ESM
    • AiKno™
    • Cogmation
    • Avertle®
    • ARC
    • Chest-rAi™
    • AiCE
  • Insights
    • Blogs
    • News
    • POV
    • eBooks
  • Explore LTTS
    • About Us
    • Nearshore Centers
    • Testimonials
    • Events & Webinars
    • News & Media
    • Board of Directors
    • CSR
    • Accolades
    • Alliances
    • Quality Management
    • Sustainability
  •  
  •  
  •  
  •  
  •  
^
  •  
  •  
  •  
  •  
  •  

© 2023 L&T Technology Services Limited. All Rights Reserved.

  • COPYRIGHT & TERMS
  • PRIVACY
  • Site Map
  • info@LTTS.com