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Thursday 05 September 2019 3:57 pm

Tech giants are winning the war for talent, Glassdoor finds

By: James Warrington

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Tech giant Amazon today announced a $2bn (£1.6bn) venture capital fund to help the firm reach its commitment to be carbon neutral by 2040.

Tech giants dominate the rankings of the UK’s most popular employers as finance firms fall behind in the race to win top talent, according to a report published today.

Read more: Tech founders warn UK at risk of losing global fintech crown

Amazon topped the list of the 15 most sought-after companies over the last 12 months, while Google came in at second place.

Other tech firms including Facebook, Apple and IBM also scored highly in the study, which was compiled by employer review website Glassdoor.

Consulting remains another popular choice for job-seekers, with all of the Big Four consulting firms making it into the top 15.

Finance giants such as Barclays and JP Morgan also scored highly, ranking in fifth and sixth place respectively.

The UK’s 15 most in-demand employers

RankCompany
1.Amazon
2.Google
3.Marriott International
4.EY
5.Barclays
6.JP Morgan
7.Facebook
8.IBM
9.Capgemini
10.KPMG
11.PwC
12.Siemens
13.Deloitte
14.Apple
15.UBS

However, as the tech and finance industries increasingly hire from the same talent pool, the report shows City firms are falling behind in the battle to snap up the best staff.

Amanda Stansell, senior economic research analyst at Glassdoor, said: “Technology and finance are both highly represented in the UK’s 15 most in-demand companies, given their appeal to a wide pool of job-seekers. 

Read more: London’s demand for emerging tech skills could create a North-South divide

“In addition, both industries dominate the highest paying companies in the UK for 2019. This indicates that, while not the sole motivation, salary and compensation is still an important factor during the job search process and can help get recruits in the door.”

Main image credit: Getty

Read more

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