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CEO Hiring Concerns: Shortage of talent among college graduates coming out into the workforce

FranConnect had one of its best years in 2013, and 2014 is looking to be even more promising, except for one problem we never expected – the ability to find and hire the most basic of talent.

We are a software products company and market leader for franchise organizations to manage and market their brand through cloud-based systems. As part of our commitment to our customers, we have always offered free dedicated Account Management and Support to our customers. To enable this, we try to hire people with analytical and problem solving skills – no prior technical experience needed.

Given our growth over the last few years, we are on an aggressive hiring spree. Unfortunately, given the abundance of government or consulting jobs in the Washington D.C. area, it’s very hard to hire employees with prior experience. So, about six months ago, we decided to aggressively hire college graduates and train them to become experts in our software and processes.

Over the last 6 months, we have placed recruitment advertisements with several different college campuses in the Washington D.C region, including: Virginia Tech, UVA, George Mason, George Washington, University of Maryland, and Northern Virginia Community College.

These jobs are advertised as Customer Success Managers and pay around 45K+ benefits. In essence, a job that carries a managerial title with a fast growing IT company with included benefits.

To our surprise, we have received less than 50 resumes combined over the last 3 months. Out of these 50 resumes, several of them belong to folks who have an accounting or liberal arts background, or lack the needed analytical skills for our industry. The most eye-opening concern with the lack of qualified candidates was that there were hardly any students with a Computer Science, IT or MIS majors who applied.

This result paints a grim picture of where we are headed as a country and how college students view IT as a profession. Here are my observations of what this means:

This guest post is courtesy of Amit Pamecha, CEO and Founder, FranConnect Software.

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