Owen Hughes
| October 20, 2021
| Topic: CXO
Not only are more employers hiring junior candidates, but they’re also investing more in staff learning and development, Hired found.
Image: Nitat Termmee / Getty
An analysis of data from the Q2 hiring market suggests that tech salaries flattened in 2021 as more employers brought on junior candidates to meet demand.
Hiring platform Hired analysed more than 525,000 interview requests and 10,000 job offers between January 2019 and June 2021 and found the average US tech salary was $152,000 in 2021, a slight decrease of 1.1% compared to last year.
Brenner added: “Increasing hiring efficiency and offering the right benefits will be absolutely critical to compete for top tech talent.”
One trend highlighted by Hired’s data was increased investment from employers in the learning and development of employees, which could help businesses address skills gaps and boost retention amid a shortage of more experienced candidates.
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Hired noted that more employer job postings now explicitly included ‘career development’ and ‘training’ terminology in job postings – up 35% and 32% respectively from March to July 2021.
It also found that younger, more junior candidates weighed up job opportunities differently to older candidates. “Younger candidates rank tuition reimbursement or professional development significantly higher than family-focused benefits,” said Amy Pisano, CRO of Hired.
“Older, more experienced candidates ranked support and care benefits higher, including childcare services and parental leave benefits. Employers should keep these differences in mind if they are targeting varying age groups in the job applicant pool.”
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Owen Hughes
| October 20, 2021
| Topic: CXO