Latest / Bloomberg Intelligence / DHR's Branthover: Highly Skilled Tech Workers in Demand (Audio)

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DHR's Branthover: Highly Skilled Tech Workers in Demand (Audio) · Bloomberg Intelligence

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  Speaker 1: US Open Tennis Stay two. Jenny Brandover is here partner
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  Speaker 1: at d h R International, Executive search company, to talk
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  Speaker 1: about what she's seeing in the job market. GENI welcome back. Well,
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  Speaker 1: I love being here with you. Well, you wouldn't miss it.
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  Speaker 1: The girl who grew up next door to Bobby Riggs
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  Speaker 1: and learned to play tennis as a child and has
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  Speaker 1: loved it ever since. Absolutely so. We know a lot
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  Speaker 1: of people from Wall Street come to the Open. I
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  Speaker 1: want to know a year almost ago, Cheenie, you are
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  Speaker 1: at the end of last year, we're saying Wall Street
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  Speaker 1: is gonna do more hiring this year? Have they? Did
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  Speaker 1: they pick up the pace? Yet? Everybody picked up the pace.
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  Speaker 1: We're busier at DT International. We're busier than I think
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  Speaker 1: we've been since two thousand and seven. It's unbelievable. I
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  Speaker 1: know the jobs report didn't really reflect that, but the
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  Speaker 1: c e o s are really driven to build revenue
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  Speaker 1: and they do that through their talent. So we're seeing
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  Speaker 1: unbelievable mans of hiring right now. Is there any part
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  Speaker 1: of Wall Street? Is it on the tech side where
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  Speaker 1: people want to compete with fintech? Is it on the
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  Speaker 1: cybersecurity side? Is it on the sales side, is it trading,
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  Speaker 1: what is it? Where do you see the most really
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  Speaker 1: all of that, but where we see the most growth
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  Speaker 1: period is in technology and financial services with technology. So
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  Speaker 1: either it's in financial services where they are revving up
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  Speaker 1: their technology, or it's in fintech, or it's in technology itself.
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  Speaker 1: And really what it's about when you think about it,
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  Speaker 1: big data, right, huge amounts of data every one of
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  Speaker 1: these companies have, and then it expands beyond financial services.
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  Speaker 1: We're talking healthcare, We're talking other industries that are also
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  Speaker 1: hiring these people. So the trend that we're seeing hugely
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  Speaker 1: is everything in technology from PhDs, you know, data scientists,
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  Speaker 1: search scientists. They want the best and don't forget technology
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  Speaker 1: is the driving factor for product. So our companies having
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  Speaker 1: to offer higher salaries, more pay or are people still
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  Speaker 1: at the point where they're just happy to get a
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  Speaker 1: good job at a confirm. Those days are way behind
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  Speaker 1: us right now. I mean, clearly a lot of people
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  Speaker 1: are just happy to be employed. But the reality of
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  Speaker 1: it is if you are a person with talent in
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  Speaker 1: technology and through what you do it can build revenue,
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  Speaker 1: you will be in demand and you will get a
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  Speaker 1: higher salary. So it's very competitive in the Silicon Valley
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  Speaker 1: to New York. They're everywhere now, so it's not just
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  Speaker 1: in one region. Are we not seeing as reflected more
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  Speaker 1: in the broad national job support that covers all industries
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  Speaker 1: because these are high skilled jobs, and these are the
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  Speaker 1: kind of jobs that are coveted at the same time
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  Speaker 1: not often filled, and people without the skills just don't
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  Speaker 1: even just don't even qualify, you know. That's actually one
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  Speaker 1: of the problems. People have to change their skill sets.
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  Speaker 1: What I'm always trying to advise young people in school
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  Speaker 1: all the way to people that are very experienced, You've
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  Speaker 1: got to be today's person, and that I don't care
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  Speaker 1: if you're a CFO, a CEO, anything, you are a
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  Speaker 1: technology driven person. So uh, in terms of tech more
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  Speaker 1: broadly than fintech, you still seeing demand there absolutely the
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  Speaker 1: same kinds of people all the firms are looking for
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  Speaker 1: because that's where they're going to get their market share.
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  Speaker 1: And if they have the best product, which is technology driven,
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  Speaker 1: they're going to be the best. Quickly coding should I
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  Speaker 1: learn coding doesn't make anything? And I should well, okay,
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  Speaker 1: and this summer beginning of autumn that we're just gonna
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  Speaker 1: get together and code like crazy. We'll come up with
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  Speaker 1: a whole new company on there. Hey, oh, don't tell
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  Speaker 1: my boss that. Yeah, okay. Jenny brown O bran Over
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  Speaker 1: continues as we continue our special live coverage here at
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  Speaker 1: the US Tennis Open, Day two, Taking Stock Bloomberg Radio.
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  Speaker 1: Richard Kent's back. He's the author of two books, one
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  Speaker 1: of them Federal Nadal, very important both those. Roger's not
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  Speaker 1: here and Dal's been doing surprisingly well. I'm Kathleen Hayes,
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  Speaker 1: and this is Bloomberg. You're listening to Taking Stock with
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  Speaker 1: Kathleen Hayes and Pim Fox on Bloomberg Radio D two.
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  Speaker 1: Taking Stock Bloomberg Radio Live from the US Tennis Open,
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  Speaker 1: Flushing Queens in New York. We are going to take
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  Speaker 1: a look now at some of the big features, some
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  Speaker 1: of the big themes at this year's Open. We have
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  Speaker 1: two very special Shell guests. Jennie bran Over continues with us.
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  Speaker 1: She is a partner in DHR International. She helps important
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  Speaker 1: people find big jobs on Wall Street and in technology,
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  Speaker 1: and she's also an avid, avid tennis player in a Fionado.
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  Speaker 1: She's out here every year for the Open and another
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  Speaker 1: return engagement Richard Kent. He's an attorney. He's also covering
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  Speaker 1: the Open this year again part of the media, author
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  Speaker 1: of two books. The one I particularly want to focus
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  Speaker 1: on is a federal Nadal. So Richard, welcome back, Thank you,
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  Speaker 1: I appreciate it. Well, let's start though Roger feder is
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  Speaker 1: not here. Rafa Nadal is playing well despite his many
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  Speaker 1: injuries of late, but American tennis. When I spoke to Nicolitieri,
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  Speaker 1: Tennis Hall of Famer, he's the guy who did so
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  Speaker 1: much to create tennis training. American tennis needs more investment
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  Speaker 1: in its young players. Jack Sock is up in a
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  Speaker 1: very important match, an American man actually advancing potentially, I
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  Speaker 1: don't want to jink them at the Open. And Ryan
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  Speaker 1: Harrison in court seventeen with an unbelievable crowd behind him,
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  Speaker 1: is tied in the second set against Marco Bagdadas well
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  Speaker 1: us the first at six three. I mean, those are
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  Speaker 1: two great hopes for American tennis. And Jared Donaldson a
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  Speaker 1: great story in this Open. So what's wrong with American
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  Speaker 1: tennis that we do not, especially on the men's side.
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  Speaker 1: On apart from Serena and I guess we're sister anyway,
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  Speaker 1: we don't we don't get further like we used to. Well,
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  Speaker 1: I think if you asked me the question two years ago,
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  Speaker 1: I would have said that young athletes are going into
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  Speaker 1: other sports. Other sports that day deemed to be more
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  Speaker 1: lucrative from day one, perhaps, like baseball or basketball or football.
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  Speaker 1: But if you're asking me today, with SoC on the
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  Speaker 1: court at the at Louis Armstrong and with Ryan at
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  Speaker 1: that beautiful court seventeen, I've got to tell you, American
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  Speaker 1: tennis looks really good right now and the crowd is ugeer,
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  Speaker 1: so clearly people care about it. So I personally miss
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  Speaker 1: Federate terribly. So do you think it's the same kind
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  Speaker 1: of open that it was before without him? Actually, Federate
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  Speaker 1: told me yesterday that he misses you before. Oh my god,
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  Speaker 1: you're married my day. No, it is not the same
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  Speaker 1: type of open as it was with Roger. And you
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  Speaker 1: could just listen to interviews and I'll take two of them.
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  Speaker 1: Stan Vavrinka obviously from Switzerland, Rodgers doubles partner in the Olympics,
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  Speaker 1: not this time but in the previous times, and Raphael
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  Speaker 1: the Doubt. In their post match interviews they incorporate Roger's name,
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  Speaker 1: so it shows how significant he is to the game.
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  Speaker 1: Snow his Labor Cup, which was announced the Wednesday before
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  Speaker 1: the Open started, is you just being discussed in the
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  Speaker 1: media room all the time. Europe against the rest of
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  Speaker 1: the world in Czechoslovakia Prague next October, and that's a
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  Speaker 1: federal run event. His agency with Tony Godsick, is running it.
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  Speaker 1: So Federer is somewhere around the numbers of this event
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  Speaker 1: right now, even though he's I don't think he's on
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  Speaker 1: premises today. Well, I do think personally that he just
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  Speaker 1: changed tennis and how people wanted to watch him, and
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  Speaker 1: they respected him, and he gave an incredible image at
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  Speaker 1: a very senior level to mentor correctly in tennis. So
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  Speaker 1: he's missed. Can you imagine and going to Wimbledon as
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  Speaker 1: I have for a Murray Federer match and having the
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  Speaker 1: crowd root for Federer. I mean that that is that's
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  Speaker 1: almost incredulous. And and let me give you the other example,
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  Speaker 1: and that's right here, I believe in oh five when
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  Speaker 1: Roddick was playing Federer in the final, Roder went ballistic
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  Speaker 1: after saying, this is my country. I grew up in Lincoln, Nebraska.
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  Speaker 1: I'm the University of Nebraska football fan, and this crowd
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  Speaker 1: is for Roger Federer and Tiger Woods, of all people
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  Speaker 1: is sitting in Federer's box, which is unbelievable. So what
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  Speaker 1: about this year? What do you think in terms of
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  Speaker 1: who's gonna who's gonna come out the victor? Well, I
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  Speaker 1: picked uh in my bracket challenge uh Andy Murray to
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  Speaker 1: wint it. I think he's playing the best tennis right now.
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  Speaker 1: Um I would have said forty two minutes ago that
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  Speaker 1: Chilich was a strong favorite to wint it. He's good
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  Speaker 1: chance of losing the sock today. And del Potro has
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  Speaker 1: far and away the best forehand in tennis, even if
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  Speaker 1: Roger was in the game. And in terms of popularity
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  Speaker 1: though and revenues, though, do we need to have another Roger?
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  Speaker 1: Editor her? And hopefully you know, I mean, I'm not
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  Speaker 1: just in Novak, Djokovic or Rapa who's still playing, But
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  Speaker 1: do you have to because all these guys are getting older,
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  Speaker 1: do we need a youngster like that coming up? And
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  Speaker 1: same thing on the women's side, Serena is not gonna
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  Speaker 1: play forever. I think in terms of do we need
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  Speaker 1: another Roger Federer, it's really the big four and it
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  Speaker 1: was the Big four previously with Lyndell, McEnroe, Borg and
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  Speaker 1: Connors and now obviously Djokovic, Nadal, Murray and Federer. So
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  Speaker 1: it's it's more than Roger. It's it's the fact that
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  Speaker 1: he's a part of the big four. So you know,
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  Speaker 1: if if it was a Roger isolated in two years
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  Speaker 1: with no clear definable number two or number three, I
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  Speaker 1: don't think that would do much for the game. Right Well,
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  Speaker 1: how about the women's side, what are you thinking? I'm
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  Speaker 1: thinking Serena is gonna win this. I'm thinking there's a
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  Speaker 1: lot of pressure that was taken off of her by
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  Speaker 1: win in Wimbledon. I think she's got a real chip
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  Speaker 1: on her shoulder because of what happened last year against Vinci.
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  Speaker 1: I mean, I I don't know how this is gonna sound.
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  Speaker 1: I don't think that Vinci won that match. I think
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  Speaker 1: Serena lost that match, and I think Serena is gonna winness.
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  Speaker 1: I love Madison Keys, who's playing right now. I think
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  Speaker 1: she won the first set. I'm not sure at the
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  Speaker 1: score in the second set, but she's a She's going
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  Speaker 1: to be a great, great player, and woes Niaki is
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  Speaker 1: playing a lot better. I watched her in New Haven
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  Speaker 1: some eight days ago, who was in the first day,
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  Speaker 1: and I said, she's done. And now it looks like
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  Speaker 1: the woes Niaki who was number one in the world
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  Speaker 1: for eight weeks at one point in time, little known
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  Speaker 1: fact of old. Do you think the Olympics are going
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  Speaker 1: to affect Serena at all emotionally or mentally in what way? Well,
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  Speaker 1: she didn't. She didn't really do that. Well, correct, I
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  Speaker 1: think that's long behind. Okay, so you know what, I'm
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  Speaker 1: a normal person, she's not, so I guess that doesn't
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  Speaker 1: affect her. And now I went to her opening press
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  Speaker 1: conference and it's it's in like an issue. The Olympics
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  Speaker 1: are huge, obviously, uh, but I don't think that's going
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  Speaker 1: to impair Serrina's performance. All right, well, just getting started.
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  Speaker 1: Richard can't thank you so very much for joining us
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  Speaker 1: his uh fetter and a doll one of his books,
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  Speaker 1: Roger Federer back on top as well. There you go,
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  Speaker 1: so you see and you can reach o like that,
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  Speaker 1: you can. I'm sure you can find his book many places.
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  Speaker 1: He's got such a good mind for tennis. Jenny brown
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  Speaker 1: Over thanks for joining his partner at d HR International,
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  Speaker 1: helping US dive into tennis and the excitement and the
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  Speaker 1: business of it as well. Coming up, our exclusive Bloomberg
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  Speaker 1: interview with Vladimir Putin. I'm Kathleen Hayes. This is Bloomberg.