Stake.com's owner rolls the dice on new talent by offering inflated salaries

EasyGo, has announced it will try offering salaries 20% above the industry average to tech talents and lure them from big tech.

What's the key learning?

Due to the shortage of skilled workers in Australia, companies have to compete harder and offer up more goodies to get the best talent.
With the rapid evolution of technology, a skills shortage in the industry can have serious implications for the growth of tech companies in the future.
For the tech sector to sustain its growth in the future, the industry as a whole will need to incentivise young talent to actually enter the industry.

👉 Background: EasyGo Solutions is the tech company that owns brands like Stake.com, the world’s biggest online cryptocurrency casino, as well as Kick.com and Twist Gaming. While it was founded in Melbourne, the company ironically is not legal in Australia.

👉 What happened: EasyGo, which doesn’t quite have the tech-rep of a Canva or Atlassian, has announced it will try throwing inflated salaries at tech talent to try and attract them away from the likes of big tech. We're talking 20% above the industry average.

👉 What else: This adds another level of competition to the tech industry, particularly in Australia where there is a smaller pool of tech talent.

What's the key learning?

💡The Australian tech industry has a major challenge on the horizon - a shortage of skilled workers for a growing number of jobs.

💡It’s estimated that Australia will need an extra 300,000 tech workers by 2030, according to Federal government forecasts. At the same time, there are only 6,000 science and engineering students graduating in Australia each year.

💡 As a result, companies have to throw everything to get the best talent - because strong growth relies on strong people.

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Stake.com's owner rolls the dice on new talent by offering inflated salaries

What's the key learning?

What's the key learning?

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