General Assembly Report: Tech Firms Pay Top Dollar to Secure Competent AI Professionals

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General Assembly Report: Tech Firms Pay Top Dollar to Secure Competent AI Professionals

The article discusses the challenges faced by companies in securing competent AI professionals as generative AI becomes more prevalent in the workforce. According to a report by General Assembly, companies are struggling to find talent to keep up with the demands of an AI-driven world of work. The report, titled 'The State of Tech Talent 2024,' highlights insights from over 1,000 HR leaders on the difficulties and preferred solutions for hiring individuals with AI skills in software engineering, data analytics, and UX roles.

The report reveals that AI skills are in high demand, with 69% of HR leaders finding it more challenging to hire individuals with adequate AI skills compared to other traditionally hard-to-hire roles. Companies are increasingly willing to pay top dollar to acquire the tech talent they need, with 66% agreeing to pay what job candidates ask for. Moreover, more than half of companies spend at least $10,000 to fill roles requiring AI skills. To address the talent shortage, companies are exploring alternative methods such as reducing educational requirements and hiring additional HR staff.

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