2024 Tech Talent & Salary Report in collaboration with LinkedIn
Global insights into the current state of the tech job market, salaries, jobs satisfaction and more.
About the report
2700
respondents
150,000
data points
44
countries
Exclusive
insights from LinkedIn
1
global report
Alternative routes into technology are on the rise
Routes into technology are changing, presenting greater opportunities for those looking to craft a career in the sector. Today, there are so many ways to begin a career in tech beyond starting with a computer science or other degree.
Almost 4 in 10 of respondents transitioned into tech from an alternative career - presenting a real opportunity for organisations to support greater diversity within the sector while increasing skills pools.
Tech team proposition
Tech team proposition
The expectations of technologists from their roles and companies are changing. While many are looking for new opportunities (44%), their reasons have never been more exacting.
While 55% of technologists are looking for better pay, globally, flexibility, healthcare benefits and workplace culture rank highest on their list of demands from any new employer. However, for organisations it’s about satisfying both the reasons they want to leave and what would attract them.
Working life
Working life
More than half of technologists (86%) report an increase in workload, with a lack of people resources seen as a barrier to achieving their goals.
However, there are many positives with 80% of respondents saying that their organisation is supportive of their physical and mental wellbeing. It looks like the industry has also reached a happy balance when it comes to hybrid working with two – three days in the office.
Salaries and skills
Salaries and skills
Despite economic headwinds, the sector continues to pay well with 45% of tech professionals receiving a pay rise in the last 12 months. Technologists working in Europe were more likely to receive a pay rise (49%) than those working in the UK (45%) or the US (39%).
When it comes to skills, exclusive insights by LinkedIn predict most of the fastest-growing AI skills are not the current top skills, indicating just how AI skills will continue to evolve.
AI - From why to how
AI promises huge opportunities for companies and our findings suggest that cultural resistance has significantly reduced, with only 25% saying it is a barrier to effective automation strategy. The real challenge facing tech teams is around strategy and securing the resources and budget to implement AI effectively.
As AI begins to permeate all aspects of work, technologists appear to be somewhat uncertain as to the impact on their roles, with 31% stating that a major part of their role would be automated, but 45% feeling there would be little to no change.
DE&I - Merit or diversity?
The business case for diversity has been proved time after time but our research reveals a paradox. Tech workers seem to be largely ambivalent with the majority perfectly satisfied with the current status, yet our respondent pool suggests the sector remains far from diverse.
Qualitatively, technologists want to work in a meritocracy rather than focus on minority quotas, but meritocracy requires diversity if biases are to be avoided.
