When we were preparing IT recruitment trends and predictions for 2022, we could not have foreseen how the world would turn upside down with a war waged on Europe's doorstep.
The economic situation in Europe has become strained, to put it mildly. Power and money dynamics have shifted in many industries, and financial stability and investment have quickly been substituted by caution and austerity.
Despite turbulent events worldwide and shaky economic situations in many countries, IT is still among the most demanded industries and growing worldwide
Russia and Belarus still are countries with highly regarded tech talent pool, but since February 2022, Western companies and tech recruitment agencies have substantially reduced the IT talent sourcing in these countries, and many IT specialists have already left.
Economic sanctions and supply chain disruptions have affected many global markets, causing a surge in commodity prices and record-high inflation.
Candidates now expect not only higher salaries but also a new level of work flexibility. Having tasted the benefits of remote work, the post-pandemic time workers are no longer willing to give it up entirely. As a result, hybrid work is here to stay – even in industries that weren’t pioneers of working from home.
Inflation is putting pressure on
companies to raise salaries. For now, the raises aren’t able to keep up with the inflation, even though IT salaries have been steadily growing for many years.
Maris Tepers, CEO of MateHR
What other trends surfaced last year and will steer the IT recruitment ship throughout 2023? As a tech recruitment agency with a vast network of local tech recruiters in Europe and beyond, we’ve distilled our observations and data into six main trends that are set to shape the IT recruitment scene for the next 12 months.