Oracle’s Austin campus: An example of talent retention
Oracle’s new Austin, Texas campus has been proclaimed as shining example of how to attract and retain leading technology talent.
As cited in a number of studies, the increasing digital skills gap has led to firms competing more than ever for technology employees. For example, Facebook in January announced that it would be opening three new digital skills hubs across Europe, specifically aimed at tackling the challenges posed by the digital skills gap.
“Soon, those graduating this year will be applying for jobs – and the top talent amongst them will be in high demand,” said Marcus MacNeill, Senior Vice President of Product Management at ASG, speaking to Gigabit Magazine.
“In order for companies to attract the brightest and best, they must invest in office technologies that deliver an intuitive, easy-to-use, all-in one experience for these new employees, while of course, still allowing the business to retain control.”
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Oracle’s state of the art cloud campus has largely focused on addressing this, with the aim of attracting leading technology talent to the company, says Oracle’s Chief Executive Officer, Mark Hurd:
“Oracle is expanding in Austin to attract, hire and train the best talent to support the unprecedented growth of our cloud business. This campus will help enable our customers to accelerate their Oracle Cloud adoption and drive success.”
The 560,000 square foot facility, situated next to Lady Bird Lake, spans 40 acres of land, featuring a 295-unit apartment, restaurant outlets, state-of-the-art sports facilities, innovation labs, landscaped balconies and alike.
The campus will also be home to the company’s “Oracle Digital Class Of” initiative that will hire new university graduates, then training them up and providing them with all the necessary resources to start their career paths, with the idea that these will remain within the company.
As a flagship campus of the technology company’s US efforts, the campus is able to house over 10,000 employees, with many of these expected to come through the program.