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Fintech Firms in South Wales Facing Skilled Staff Battle

posted by Fnord666 on Saturday November 18 2017, @07:57PM   Printer-friendly
from the not-a-bo-staff-battle dept.

Phoenix666 writes:

Some of the fastest growing financial technology firms in Wales are at risk of being held back by skills shortages, a leading specialist lawyer has warned.

Cerian Jones said so-called fintech companies have told her they are "chasing fish in the same small pool".

She said those firms not actually trying to fill a recruitment gap "are trying to retain staff so they don't go elsewhere".

Cardiff is facing competition from London and Bristol among other cities.

Ms Jones, a patents attorney and partner at UDL in Cardiff, said: "When I talk to software companies about what their biggest challenge is, nine times out of 10 it's recruitment.

"These are very skilled positions, needing skilled graduates with the right coding and development skills."

She said there was a lure of working in London and firms in south Wales were having to be creative in trying to entice people "in a candidates' market".

Some were finding it difficult, even when offering £60,000 salaries.

There you have it. You can code to make banks richer. In Cardiff.

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  • (Score: 2) by TheRaven on Sunday November 19 2017, @09:11PM

    by TheRaven (270) on Sunday November 19 2017, @09:11PM (#599038) Journal
    The big problem with forcing everyone to learn Welsh is that it's completely counterproductive. I lived in Swansea for over 10 years and I had a few friends who were close to fluent in Welsh. They'd all decided to learn it as adults (Alan Cox is probably the example people here might be familiar with). I knew a lot of people who hated the language as a result of having been forced to learn it as adults. The ones that did want to speak Welsh learned it for much the same reason that people join historical reenactment groups: they didn't expect it to actually be useful, it was just something that they considered fun. In contrast, I've used the French and German that I learned at school quite a bit.
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