The tides are turning and competition is increasing in the tech world. The market has shifted from being candidate-short to candidate-rich, fueled by cost-consciousness and operation optimisation (doing more with less). This has empowered employers and enabled them to be more selective with their hiring decisions. 

In our current economic environment, businesses are all about being agile. This means moving away from large-scale projects (in favour of more incremental and customer-centric changes) and the emergence of self-managing teams. The market is on the lookout for candidates who are multi-talented and don’t mind a bit of multitasking. A strong work ethic and adaptable mindset is also top of the checklist. 

With plenty of people looking for work, but not many job opportunities on offer, things are getting competitive and businesses are seeing an influx of applications. With more candidate options than ever before, employers are currently more keen on hiring for permanent positions - if you’re looking for long term job security, now is your time to shine. If you’ve mostly been a contractor up until this point, it might be worth considering switching sides. 

Considering the current market (favouring employers), if you’re looking to set up a remote work arrangement or supplement your salary, make sure you come into the conversation with plenty of justifiable reasons - show them why you’re worth it. 

While we all know about the current cost of living and the continued high demand for specialised skills, it seems salaries aren’t keeping up. Boosting your pay packet may not be on the table right now, but remember, nothing is set in stone. The market is always in motion and luckily for you, you’ve got Talenza’s live Salary Survey to keep you updated when things swing back around.