Good morning,
I have doubts that it covers the whole industry.
I am aware that Safaricom lost some talent to techfins, fintech and bigtechs that were looking for expertise they had accumulated working on Mpesa.
Safaricom was a relatively better payer so the poaches needed to give better terms.
Best Regards,
Consultant
ICT4D
Information Security Management Systems
From: KICTANet <kictanet-bounces+awatila=gmail.com@lists.kictanet.or.ke> On Behalf Of Victor Kapiyo via KICTANet
Sent: Monday, September 19, 2022 10:29 AM
To: Alex Watila <awatila@gmail.com>
Cc: Victor Kapiyo <vkapiyo@gmail.com>
Subject: [kictanet] Kenyan firms hit as Microsoft, Google talent war raises pay
Local companies are struggling to recruit and retain key talent as US tech titans led by Microsoft, Amazon and Google tilt the market in their favour with high salaries and attractive employment terms.
The three multinationals have increased their presence in East Africa with Kenya as their hub, triggering an aggressive hiring spree that has seen them pay up to Sh1.8 million monthly for principal tech specialists.
Looks like local techies are smiling all the way to the bank.