Today’s business has workforce challenges that demand a smart, affordable, and responsive resource model. Talent 101’s adaptable resource models for staffing services are not generic to any industry but unique to engineering and Information Technology solutions for the Semiconductor, Electronics, Telecom, and Defense industries.
Talent 101 delivers resources in areas such as:
We live in an on-demand world. Every day, we have access to an abundance of products and services at our fingertips. You have apps to order food, report updates, and procure supplies in an instant. What if you could get this same convenient access to top talent?
We've increased the flow of talent by implementing the CIRCUIT.
With a thorough selection, interviewing, and quality checks process, we’ve combined a catalog of skills to build a resource pool focused on the semiconductor, electronics, telecom, and defense industries. We stay in active contact with qualified candidates, including passive talent that won’t show up in other sources. This resource pool called the CIRCUIT offers you, qualified ready-to-go candidates.
Quick and decisive hiring—filling roles with greater speed, more accuracy, and less effort—should be a non-negotiable standard to any hiring manager.
On July 1st, Kelley Blue Book asked the question on everyone’s mind: Is the end of the chip shortage in sight? Then it answered its own question with cautious optimism: yes, automotive chip production is catching up— slowly but surely.
After months of dire reports predicting that the automotive chip crises could extend through 2022 and even into early 2023, there is now good news for automakers and their customers. Several automakers have reported that they are starting to feel the shortages easing up and their chip supply stabilizing.
In April 2022, the number of job openings in the U.S. decreased to 11.4 million, according to the Bureau of Labor Statistics’ June 2022 Job Openings and Labor Turnover Summary. However, the number of employees who quit their jobs in April remained steady at 4.4 million.
Today’s organizations are looking for innovative ways to stem the flow of employee resignations and the subsequent loss of valuable skills. That’s why a growing number of organizations are turning to upskilling or reskilling their workforce.
Upskilling employees has become a go-to strategy for many companies looking for a proactive approach to overcoming the persistent skills shortage and tight labor marketplace. Upskilling and reskilling an existing workforce yields several benefits, but in the current market, one of its most important functions is the retention of existing employees.
Despite the many reports that have painted a “doom and gloom” picture of the semiconductor industry due to chip shortages and hiring challenges, many companies around the world are not slowing down their growth plans. In fact, global semiconductor billings grew 5% year-over-year to $24.7 billion in the first quarter of 2022, as reported by SEMI in Worldwide Semiconductor Equipment Market Statistics (WWSEMS) Report.
“Year-over-year first quarter equipment revenue growth is in sync with positive forecasts for 2022 as the semiconductor industry continues its robust increase of fab capacity,” said Ajit Manocha, SEMI president and CEO. “North America and Europe logged healthy quarter-over-quarter rises in equipment spending as they intensify efforts to bolster domestic chipmaking.”
In the second quarter of this year, several businesses announced their growth plans in locations around the world — from Connecticut to Taiwan. Here is an overview of just a few of the many initiatives underway in the semiconductor industry in Q2 2022.
