With the lack of labor in Portugal, Portuguese companies will increasingly look abroad, mainly in Brazil, France, and India.
José Miguel Leonardo, CEO of Randstad Portugal, says there is a lack of CTEM (Science, Technology, Engineering, and Mathematics) profiles, along with construction professionals such as bricklayers or electricians. “Last year we would not have more than 3,000 recent graduates in information technology in Portugal, which is insufficient for the digital transformation that is happening in companies,” explained José Miguel Leonardo to ECO.
Paulo Ayres, IT software development manager at Robert Walters, reinforces the idea of a lack of technology talent. “With the growth of shared service centers and startups and the start-up of globally consolidated companies – such as Google or Amazon, for example – the workforce in the country is not enough. We need to attract professionals from other countries to respond to the growing demand for candidates.”
Lack of incentives, such as low average wages and high tax burden, are the main reasons for the lack of labor in Portugal. With the growing investment attraction that has brought large companies like Google to the country, it is very important to have an answer to meet the labor needs that this investment requires. Therefore, it is necessary to create an attractive promotion strategy that retains talent while enhancing their skills.