Fuel to the flames: looming talent shortage threatens tech industry: plus: two tech companies weigh in on non-competes.

AuthorFrancom, Sarah Ryther
PositionTechnology

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Utah's tech industry has had skyrocketing growth in recent years, and its trajectory is looking stronger than ever. But is Utah's tech industry positioned to sustain long-term growth?

Richard Nelson, president and CEO of the Utah Technology Council (UTC), is ecstatic about all that the state's tech industry has accomplished, but says it's not time to rest on our laurels. Instead, he says, it's time to focus on the work that still needs to get done to continue the industry's impressive growth.

He joins many throughout the industry who fear that the state is not producing enough qualified workers to keep the momentum going.

"Since 2007, the No. 1 issue for our industry, which has over 5,000 tech companies, has been talent shortage," he says. "The question is: How can we find enough talent to fuel the growth of these companies?"

Nelson says that Utah's tech talent shortage is so dire that many companies are starting to relocate or open secondary offices outside of Utah.

"We're starting to export our knowledge economy. We're exporting thousands of jobs that pay anywhere from $60,000 to $160,000," he says, noting that these are lost dollars that won't be spent bolstering Utah's economy. "When our companies open an office elsewhere, they're doing it because they can't find enough talent. We've seen that they're having to go somewhere else, like Minneapolis, to get people with the knowledge, and the quantity of workers that they can't find here."

The UTC and several other tech- and education-focused organizations, like the Women's Tech Council and Prosperity 2020, are working with government and education leaders to try to solve the workforce shortage. "We've got an extraordinary opportunity to be creative and find solutions, but we need to seize the opportunity and align with the opportunities."

Nelson is excited about an experimental program the UTC has launched with Utah Valley University (UVU) and Salt Lake Community College (SLCC).

"We took hot jobs that don't require a degree at a basic level--web developer, software developer and computer programmer--and have asked UVU and SLCC to create a curriculum that will prepare nontraditional students, like the underemployed, for these jobs. They'11 get a certificate when they finish. We're in the midst of recruiting students for that [program] at those two institutions. Ask me in a year how that's going."

Nelson is also excited about a recently passed bill that creates a...

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