Sean Farrington, EVP EMEA at Pluralsight – the workforce development platform, joins me on today's episode of Tech Talks Daily to talk about the ongoing challenges around hiring and the role of internal skill development in plugging gaps.

We discuss the scramble for talent and how tech companies must still take on high revenue projects, bring new products to market and keep customers happy. This means talent remains critical, but businesses will need to turn to expanding the skillsets of existing teams, rather than relying on new hires or outsourcing work, and support them to deliver on new projects.

We also talk about the importance of capitalising on the hunger to learn. For example, 75% of technologists determine whether to stay at their company partly based on how dedicated their employer is to development opportunities. Now more than ever, reducing turnover is key. A commitment to L&D can support this, and develop more engaged team members.

Finally, we discuss why tech leaders need to create a culture of learning and why putting this culture of learning in place needn't cost businesses a fortune. In fact, it makes good business sense to invest in upskilling – with estimates suggesting that upskilling could save at least $3,125 per employee.