"Hiring has accelerated over the last three months..." https://lnkd.in/gfRNrpKQ
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Some interesting observations in this article… Hiring for roles that usually require a bachelor’s degree has dropped below 2019 rates in recent months, new data from payroll provider ADP show. The drop has been steeper for 20-somethings, who are running into a bottleneck of entry-level openings as more established professionals stay put in the jobs they have, according to payroll information on more than 16 million people across 31,000 U.S. employers. Many employers corrected for the over-hiring by laying off thousands, and big-name companies including Citi and Google cut layers of jobs with the aim of reducing middle management. Meanwhile, more companies have shifted investment to generative artificial intelligence, a technology that many fear could shrink the need for traditionally high-demand workers, such as coders, data analysts and bookkeepers.
The White-Collar Hiring Rut Is Here. That’s Bad News for Young College Grads.
wsj.com
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The Rise and Fall of Software Developer Jobs: The demand for software developers has declined sharply from the peak seen in 2021 and 2022, according to independent analysis by job portal Indeed and research firm ADP, reflecting a broader slowdown in high-paying white-collar job opportunities across tech, marketing, and finance sectors. Nick Bunker, an economist at Indeed, identified these positions as the labor market's current weak point. The shift follows a period of intense recruitment during the pandemic, when tech workers could command premium salaries. ADP Research adds: Employment of software developers in fact has been slowing since 2020, the year pandemic lockdowns first hit the United States. In January 2024, the U.S. employed fewer software developers than it did six years ago. [...] The ADP Research Institute tracked employees at 6,500 companies, including more than 75,000 software developers and engineers in 10 industries, between January 2018 and January 2024. Using this data, we built an index to track the employment of software developers beginning in January 2018. Developer employment grew from January 2018 to November 2019, then began to fall. The index dropped sharply in January 2022 (down 4.6 percentage points), May 2022 (down 3.5 percentage points), and January 2023 (down 3.4 percentage points). Despite intermediate increases in August 2021 and October 2022, the developer employment index has been falling since 2020. Read more of this story at Slashdot.
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🌟 Exciting News! 🌟 We're thrilled to share the results of our 2024 Q2 Salary Survey, packed with valuable insights including: 📈 Confidence in the economy is on the rise 💼 Investment and hiring decisions are reaching levels not seen since 2020 🏆 Software and Cloud salaries continue to perform well despite salary pressures Discover how these trends could impact your career and business decisions. Stay ahead of the curve with our in-depth analysis! #hiring #tech #recruitment #careers #jobsearch
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🥇Top 10 roles in demand https://lnkd.in/dVYDSgrd If you haven't already make sure you request the UK&Ireland Tech Market Insights and Salary guide to get more insight on trends impacting the Tech workforce along with up to date salaries for Technology roles for Northern Ireland. . https://lnkd.in/dPybmduN
📈Tech Skills are still in high demand and this is set to continue throughout 2024. 1️⃣ With over 50% of the Tech workfoce likely to look for a new role in 2024 ⌛Its key that you take the time to understand the market and what is driving these moves along with what is important to candidates in this market. 🛑 Stop and review your requirements and make sure they are fit for purpose the landscape is always changing! For some further🔎 insights check out my recent blog on 🥇Top 10 roles in demand https://lnkd.in/dVYDSgrd If you haven't already make sure you ✍request are UK&Ireland Tech Market Insights and Salary guide to get more insight on trends impacting the Tech workforce along with up to date salaries for Technology roles by region. https://lnkd.in/dPybmduN
10 highest technology salary increases | Hays
hays.co.uk
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🌟 Transforming Education & Learning 🎓 Through Talent 🔍 : Your Specialist Recruiter 🤝 in EdTech & Learning! 🚀 Top 1% LinkedIn SSI 🏆
Robert Half's 2024 Salary Guide indicates a surge in UK tech recruitment 😄, with 50% of managers planning to increase permanent roles 😎. Despite layoffs, demand persists, driving pay increases 💷. 🚤 Demand for technology experts has remained buoyant 📈 Pay rises that many professionals have commanded aren’t showing significant signs of shifting 🏥 Benefits such as healthcare / dental insurance, financial allowance for working from home, paid sabbaticals, flexible benefits programmes and fuel allowance will be important for employers to help combat having to offer the highest salary https://lnkd.in/e9BEerNT #techhiring #techrecruitment #salaryincrease #employerbenefits
Tech hiring set to Rise
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📈Tech Skills are still in high demand and this is set to continue throughout 2024. 1️⃣ With over 50% of the Tech workfoce likely to look for a new role in 2024 ⌛Its key that you take the time to understand the market and what is driving these moves along with what is important to candidates in this market. 🛑 Stop and review your requirements and make sure they are fit for purpose the landscape is always changing! For some further🔎 insights check out my recent blog on 🥇Top 10 roles in demand https://lnkd.in/dVYDSgrd If you haven't already make sure you ✍request are UK&Ireland Tech Market Insights and Salary guide to get more insight on trends impacting the Tech workforce along with up to date salaries for Technology roles by region. https://lnkd.in/dPybmduN
10 highest technology salary increases | Hays
hays.co.uk
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What are the Top 10 Technology roles receiving the highest salary increases in 2024? Take a look at my colleague Amanda Whicher's blog on this topic to find out!
📈Tech Skills are still in high demand and this is set to continue throughout 2024. 1️⃣ With over 50% of the Tech workfoce likely to look for a new role in 2024 ⌛Its key that you take the time to understand the market and what is driving these moves along with what is important to candidates in this market. 🛑 Stop and review your requirements and make sure they are fit for purpose the landscape is always changing! For some further🔎 insights check out my recent blog on 🥇Top 10 roles in demand https://lnkd.in/dVYDSgrd If you haven't already make sure you ✍request are UK&Ireland Tech Market Insights and Salary guide to get more insight on trends impacting the Tech workforce along with up to date salaries for Technology roles by region. https://lnkd.in/dPybmduN
10 highest technology salary increases | Hays
hays.co.uk
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📈Tech Skills are still in high demand and this is set to continue throughout 2024. 1️⃣ With over 50% of the Tech workforce likely to look for a new role in 2024 ⌛Its key that you take the time to understand the market and what is driving these moves along with what is important to candidates in this market. 🛑 Stop and review your requirements and make sure they are fit for purpose the landscape is always changing! For some further🔎 insights check out Amanda Whicher recent blog on 🥇Top 10 roles in demand https://lnkd.in/dVYDSgrd If you haven't already make sure you ✍request our UK&Ireland Tech Market Insights and Salary guide to get more insight on trends impacting the Tech workforce along with up to date salaries for Technology roles by region. https://lnkd.in/dPybmduN
10 highest technology salary increases | Hays
hays.co.uk
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📈Tech Skills are still in high demand and this is set to continue throughout 2024. 1️⃣ With over 50% of the Tech workfoce likely to look for a new role in 2024 ⌛Its key that you take the time to understand the market and what is driving these moves along with what is important to candidates in this market. 🛑 Stop and review your requirements and make sure they are fit for purpose the landscape is always changing! For some further🔎 insights check out a recent blog on 🥇Top 10 roles in demand - https://lnkd.in/dVYDSgrd If you haven't already make sure you ✍request are UK&Ireland Tech Market Insights and Salary guide to get more insight on trends impacting the Tech workforce along with up to date salaries for Technology roles by region. https://lnkd.in/dPybmduN
10 highest technology salary increases | Hays
hays.co.uk
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Founder | President | Board Member. Consultative recruiting partner for organizations, executive & career coach. Passionate about Equity at Work.
My sense was that the job market was still strong for recent college grads. Eager to hear others' observations. "Hiring for roles that usually require a bachelor’s degree has dropped below 2019 rates in recent months, new data from payroll provider ADP show. The drop has been steeper for 20-somethings, who are running into a bottleneck of entry-level openings as more established professionals stay put in the jobs they have, according to payroll information on more than 16 million people across 31,000 U.S. employers." https://lnkd.in/eg-xy5Vw #jobmarket #recentcollegegrads #hiring
The White-Collar Hiring Rut Is Here. That’s Bad News for Young College Grads.
wsj.com
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