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Why huge salaries are a bandaid solution to New Zealand's tech worker shortage


A dearth of tech workers is forcing companies to pay outrageous wages to attract talent. But it may be hindering New Zealand’s goal of becoming an industry world leader.
If you don’t work in the tech sector, chances are you’ve asked yourself why. It’s evidently never been a better time to be a tech or digital expert. With New Zealand’s borders closed and Covid-19 accelerating an already rampant global digitisation trend, desperate companies are prepared to pay extravagant wages to compete for a small number of candidates.
Nowhere was this increased desirability of tech skills illuminated better than in the report of how an Australian tech company is offering university students $200,000 salaries to lure them across the Tasman. ....

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