Happy summer! Tech hiring is booming, but there’s also an apparent shortage of tech workers. We’re diving into all the news we read this June about hiring, reskilling, upskilling, and diversifying the tech pipeline through programs like coding bootcamps and employer-side training. Indiana is introducing innovative Income Share Agreement (ISA) legislation this July, and Eleven Fifty Academy’s Founder & CEO Scott Jones joined us for a few minutes to talk about what that means for students. Plus, find out which 12 new bootcamps we added to the Course Report directory this month!
In Course Report news, we released our 2021 list of 32 Best Online Bootcamps — check it out if you’re looking to enroll in an online bootcamp!
Curious about what happened in May 2021? Check out last month’s episode with the biggest bootcamp news from May.
$10M FUNDRAISES + AN IPO
Yahoo! News reports that Andrew Moers has been appointed as Springboard’s new president of Consumer Business, and Ryan Fong is the new CFO..
EdSurge reports that Pluralsight has filed for its initial public offering.
India Education Diary reports that edtech company SkillEnable has adopted an ISA plan to help folks break into data science.
While Olympic Career Training Institute is not a coding bootcamp provider (they train students on the ins & outs of commercial truck driving), we were interested to see that they announced a new ISA program through their lending partner Leif.
Indianapolis Business Journal covered the new Career Accelerator Fund in Indiana, which goes into law on July 1st. The Career Accelerator Fund was started by Eleven Fifty Academy, a bootcamp in Indiana run by Scott Jones.
The Washington Post covered the recent Student Borrower Protection Center report that criticized the partnerships between public universities and coding bootcamps like Trilogy Education because they’re advertising private lending companies to students to cover tuition.
BOOTCAMPS IN THE TECH HIRING BOOM!
HR Dive reported that the U.S. Chamber of Commerce launched the America Works initiative. America Works will make policy changes at federal and state levels to address a deepening worker shortage crisis, including improving federal investment in job training programs and expanding employer-side solutions, like employer training programs.
In Forbes, Tigran Sloyan, CEO of CodeSignal, wrote about the developer shortage in 2021 and how employers need to expand their hiring practices to include developers from alternative education pathways.
Given today’s tight labor market, Fortune highlighted how hiring processes are changing, and that coding bootcamps, like Code Crew, are helping people who could not afford college still find gainful employment within the tech industry.
The Society for Human Resource Management recently reported that more than half of its members are interested in partnering with other employers, colleges, and community and industry groups in order to recruit and train current and future employees. And that 20% of employers plan to increase their training budget.
InsideHigherEd reported that employer-funded learning is really hitting its stride and Guild Education just saw an additional investment of $150 million, which values the company at $3.75 billion, up from about $1 billion in 2019.
Sifted EU, which is part of Financial Times, highlighted how bootcamps like General Assembly, Makers Academy, Le Wagon, Ecole 42, and Flatiron School are helping people reskill, and also that in-house developer training programs in Europe are gaining traction.
Tech Republic explored whether it’s still worth it for coding bootcamp students to learn programming theory.
Maclean’s took up the college versus coding bootcamp debate. Jeremy Shaki of Lighthouse Labs points out that there is room for both university-learning and coding bootcamps right now. This post also includes a lot of great bootcamp alumni voices from BrainStation, Juno College of Technology, Lighthouse Labs, and General Assembly!
In the Delaware Business Times, Zip Code Wilmington’s Executive Director, Desa Burton explained how Zip Code relied on CARES Act funding and grants to continue graduating successful bootcamp cohorts in 2020.
According to an Indeed.com survey, 25% of unemployed jobseekers are looking to change careers, so with that in mind, Reuters did a great breakdown on how to relaunch your career as the world reopens post-pandemic.
The Q&A with Devmountain alumni Travis was Jess’s favorite piece to work on in June. Travis graduated from Devmountain 8 years ago, so he has a lot of great insights on what the career trajectory looks like post-bootcamp graduation. Plus, Travis shares his top tips for standing out in the hiring pool and how to not get bullied by your imposter syndrome.
Liz enjoyed speaking with Lanre and Andie, two alumni from Codesmith, about the full-time versus part-time immersive bootcamp programs. Andie is a software engineer at Google and Lanre is a Senior Software Engineer at Exodus Movement, and they share lots of great advice on how to make either Codesmith’s part-time or full-time program work for you.
Jess is the Content Manager for Course Report as well as a writer and poet. As a lifelong learner, Jess is passionate about education, and loves learning and sharing content about tech bootcamps. Jess received a M.F.A. in Writing from the University of New Hampshire, and now lives in Brooklyn, NY.