Spain as a high-tech engineering hub
In May 2022, the Prime Minister of Spain travelled to Davos, Switzerland, where the World Economic Forum was taking place, to promote digital transformation and investment in Spain. In particular, Spain seeks to attract microchip companies to use the country as part of their value chain, thus making Spain a significant producer of microchips. Today’s mobile and tech-oriented society use microchips in everything from cars to computers. Spain’s goals would significantly boost the country and the European Union by reducing their dependence on other suppliers and cultivating a high-tech hub in Spain for the semiconductor industry.
Spain can provide great value for the semiconductor industry and the high-tech engineering industry as a whole. Spain has considerably advanced its engineering capabilities, and with companies like TechTeamz building world-class engineering hubs in Spain, more and more companies will use Spain-based engineers to carry out their projects worldwide. Tech Teamz offers companies top talent while remaining compliant with applicable requirements under Spain and EU legal requirements. These offerings will aid in creating solid contributions to the Spanish economy and draw global investment as the logistics sector in Spain continues to grow and expects to continue employing experts for the foreseeable future.
The quality of Spanish engineers is essential in transforming Spain into a high-tech engineering hub of the future. Spain’s engineers have recently become notably more aware of their value due to its maturing tech and innovation ecosystems. Engineers in Spain provide a wealth of benefits to the global companies working with them. Continue reading to learn more about engineering in Spain.
Highly educated professionals
Spanish higher education is very affordable (with average yearly tuition ranging from €450-3,000 at a public university), leading to a wealth of educated professionals. Spanish universities also rank very highly for engineering and technology programs. Approximately 20 universities in Spain offer communications-related engineering degrees, a career-related topic requiring a high degree of skill, concentration and effort to achieve.
Spain’s educational institutions have some of the best lecturers in engineering. Students in these programs learn from experts and use their expertise later in their careers.
According to one study, four in seven Spaniards have obtained a postgraduate or Master’s degree, which is approximately 16 percent higher than the global average. In 2014, there were over 200,000 registered engineers in Spain, although many go unregistered or unaffiliated with any association, making it challenging to determine the actual totals.
Common European education framework
The Bologna framework was created to establish comparable higher education qualifications across Europe and aids mobility and remote work facilitation. It also provides better access to education, making European higher education more competitive worldwide and guaranteeing quality education across Europe. Spanish engineers are subject to this framework and will have comparable qualifications to other European engineering professionals.
The framework enhances international competition and the overall quality of Spain engineers globally. They also learn similar teachings, have similar ways of working, and often gain practical experience. The result is an easy collaboration of teams across Europe and remote teams.
Low attrition rates
Employee attrition is one of the most critical challenges facing companies in the modern era. It’s disruptive, expensive, and detrimental to productivity. The technology industry has one of the highest attrition rates. In line with global trends, engineering is among the top in-demand roles in Spain. TechTeamz engineers have low attrition rates due to high engineer salaries compared to local averages and fixed 2-year contracts. These details are very appealing due to Spain’s high unemployment rate, which is currently hovering above 13%. Low attrition rates enable companies to stick to project timelines and lower overall employment costs.
In companies with significant internal turnover, moving personnel from one project or function to another can aid in retaining highly skilled and trained employees. Tech Teamz opportunities not only offer the variety that candidates seek but also serve to improve the talent pool and offer stability to engineers. Tech Teamz offerings, including human resources, can reduce overall turnover rates, allowing companies to remain competitive. Furthermore, Spain has an outstanding work-life balance, which generally translates to happier employees.
Spanish language speakers
Engineers in Spain speak Spanish, one of the world’s most spoken and in-demand languages. Oftentimes, engineers in Spain also know English. Most engineering degrees in Spain also feature teachings in English, and most require English-language competencies as a graduation requirement. Having these two advantageous languages comes to their benefit when working on global projects or for companies with global operations.
Central location for global operations
The central location makes it great for building in-person teams and easy to work remotely with teams worldwide. In Southern Europe, Spain shares the same time zone as powerhouse economies like Germany and France; it is 6 hours ahead of the US East Coast and 6 hours behind Asian economies like China and Singapore. The time zone and location foster global remote teams, allowing for convenient scheduling with counterparts or clients in other countries when required.
TechTeamz offers employees competitive salaries and fixed contracts, which lower attrition rates and can help staff your project with the right talent. In addition, these engineers are typically well-versed in English, the primary language for much of the industrialised business world. Spain’s central location and time zone are excellent for building in-person and global remote teams. TechTeamz focuses on a promise of value and providing highly-skilled and experienced workers that meet the needs of each project and deliver these services globally at reasonable rates. Let TechTeamz, located in Spain, staff your engineering project today.