Startup Outlook - 2011 Human Resources

At the end of April, Silicon Valley Bank released their Startup Outlook 2011 Report and we were intrigued by the findings. The entire report is worth a read, but we pulled out a few key findings that were specific to HR, to create this graphic. One observation that really piqued our interest, was the following comment on hiring (the emphasis is ours):

The early-stage companies that responded to the 2011 survey highlighted cost-related issues as their greatest recruitment and management challenges. By and large, most did not appear to be having difficulty finding qualified employees in the United States or obtaining visas for qualified, non-U.S. employees. Not surprisingly in light of these responses, only 31 percent said immigration reform was a government policy priority, and only 33 percent cited education reform as a policy priority.

There's a lot of buzz around the hiring frenzy going on in the high tech sector, so it's good to see that this isn't the case across the board.

 

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