According to a survey by FEDIL and ABBL, the Luxembourg ICT sector is looking for highly qualified specialist profiles.
What is the need for ICT workers in Luxembourg? The Federation of Luxembourg Industrialists (FEDIL), and the Association of Banks and Bankers, Luxembourg (ABBL) has published the 11th edition of their survey on the subject: “Tomorrow’s ICT skills“.
According to the survey results, which summarise the hiring forecasts of over 97 employers active in manufacture, construction, financial services and business services, the health crisis has accelerated the digital transformation and boosted the need for skilled ICT workers.
As a result, its authors foresee “very significant hiring potential in the next two years,” with 687 hires, 47% of which are to replace departures and 53% to fill newly created positions.
“While the number of hires per participating company (7.1) is up sharply from 2020 (5.8), the rate of new job creation (53%) is down from 2020 (69%), while the rate of replacement of departures (47%) is the highest since the survey was launched in 2002,” the document details.
High levels of qualification sought
“The survey confirms that, with a proportion of ICT specialists already above the European average, the Luxembourg economy is still largely a creator of jobs, especially at a high level of qualification, with requirements increasingly directed towards higher levels of training,” observe the authors.
According to the report, the level of BAC +2 remains the minimum required in 95.9% of cases and university education is the most sought-after with 89.8% of forecasts, particularly Master/Doctorate holders (60.4%) and Bachelor’s degrees (29.4%).
Statec figures show that Luxembourg’s ICT sector employed 20,157 people in the third quarter of 2021, “one of the highest figures in the Organisation for Economic Co-operation and Development (OECD),” according to the survey, which notes that “the sector continues to record strong growth rates and a significant increase in employment.
Also intended for young people, their parents and those responsible for guidance, the document lists all practical information on vocational training, educational institutions, jobs and careers in the ICT sector.
“The survey aims to identify the needs of companies, to reconcile supply and demand for training in the interest of young people, to give a reliable indicator to school and career guidance services and to adapt the training policy to economic realities, “justify its authors. “The aim is to ensure that initial vocational training enables young people to acquire the qualifications they will need in the future.
